Karachi, July 30, 2019: Huawei announced its business results for the first half of 2019: USD 58.34 billion in revenue, a 23.2 percent increase over the same period last year. The company’s net profit margin for H1 2019 was 8.7 percent. According to Huawei’s Chairman, Liang Hua, operations are smooth and the organization is as sound as…
Karachi, July 30, 2019: National Bank of Pakistan (NBP) Aitemaad Islamic Banking Group signed the ‘Bancatakaful’ agreement with Jubilee Life Insurance (JLI) window Takaful Operations which is the largest life insurance company in the private sector of Pakistan. The agreement was signed in a ceremony held at NBP’s Head Office to commemorate the partnership in…
Karachi, July 30, 2019: Akhuwat and Unilever Pakistan have come together to champion transgender rights and inclusion in the workforce. Together the organizations aim to provide dignified employment opportunities to members of the transgender community whilst also creating safe work environments that enable them to grow professionally. Akhuwat will serve as a bridge between Unilever…
Karachi, July 30, 2019: A growing number of Asia Pacific’s business are turning to Oracle Autonomous Database – the industry’s first self-driving, self-securing, self-repairing database—as they seek to gain deeper data-driven insight, faster than ever before. Chris Chelliah, Group Vice President and Chief Architect, Technology and Cloud Platform, Oracle Asia Pacific, said: “This last quarter…
Karachi, July 30, 2019: Cost of power generation also increased on a full-year basis during the last fiscal year. According to the latest data, during FY19, the average cost was Rs5.36/KWh, 4.7 percent higher than FY18. This increase in average cost can be traced back to the energy mix where the costs of nearly all…