Corporatepk

Saudia Arabia Bans Entry From 20 Countries - Including Pakistan

Coronavirus: Saudi Arabia bans entry from 20 countries starting Feb. 3 Saudi Arabia will temporarily suspend entry to the Kingdom for those coming from or transiting from

Corporate Briefing - 1 Feb 2021

Read Complete Briefing:
http://corporatepk.com/index.php/2021/02/01/corporate-briefing-1-feb-2021/

Don't Forget To Read Our First Weekly Corporate Briefing Tomorrow..!!

Pakistan Rupees Strong - No Devaluation In Near Future

Read more: http://corporatepk.com/index.php/2020/12/05/pakistan-rupees-strong-no-devaluation-in-near-future/

Arif Habib Positive Karachi Stock Exchange Will Reach 52000 Points Next Year.

Read more:
http://corporatepk.com/index.php/2020/12/05/arif-habib-positive-karachi-stock-exchange-will-reach-52000-points-next-year/

Jeff Bezos Under Pressure.

read more:
http://corporatepk.com/index.php/2020/12/03/jeff-bezos-amazon-under-pressure/

Covid Pfizer vaccine approved for use next week in UK

Source

INDIAN FARMER PROTEST CONTINUES

The new tier system comes into force when England's current lockdown ends in the early hours of Wednesday.

Every area of the country is in one of three tiers - medium (one), high (two) and very high (three) - with the vast majority of the population in the higher two tiers.

They are tougher than the previous tier system the country was under, before its second lockdown began in November, the government says.

President-elect Joe Biden fractured his foot while playing with his dog Major

PIA and Hashoo Group Sign MoU
KARACHI – 24 November 2020: PIA and Hashoo Group / Destinations of the World (DOTW-Pakistan) entered into a strategic Alliance for jointly enhancing businesses and promoting tourism in Pakistan.
The scope of the partnership ranges from discounts for unitization of products, tour packages, Rent a Car service, Chauffer driven Pick and Drop facility, special discounts on wedding packages and stays, air transportation, establishing 24/7 joint counters for customers convenience, Redemption of Loyalty cards. PIA and Hashoo group will also explore the possibility of Co-branding and alliance to upgrade, improve and operate the Airport Hotel Karachi.
CEO PIA, Air Marshal Arshad Malik on the occasion said that the joint venture; in line with the vision of Prime Minister of Pakistan is expected to promote Domestic Tourism. This venture will generate not only tourism in Pakistan but also improve the synergy between two large travel industry stake holders in Pakistan. He said that through this partnership we intend to provide convenience, luxury, comfort and affordable domestic tourism and event management functions in Pakistan for locals as well as people from outside the country who wish to travel to the beautiful destinations in Pakistan. CEO PIA said that PIA and Hashoo group are natural partners contributing together to improve the landscape of travel and tourism in Pakistan.
According to the MoU, the air transportation, stay packages and fix departure packages would initially be offered for Gwadar, Bhurban, Muzaffarabad, Islamabad, MalamJabba, Skardu, Gilgit, Chitral and also for Shandur Polo Festival, Bahawalpur, Multan and Mohenjo-daro. Hashoo and Destinations of the World (DOTW) will provide all ground services for PIA Passengers. PIA will established around 30 high-end sales points within Hashoo Group’s Hotels as 24hr support service for ticket buying, re-issuing, payment collection and all associated services being provided by PIA offices and would be displayed on PIA’s website with debit and credit cards usage facility.
PIA will offer over the counter discounts to the loyalty card / Privilege holders of Hahsoo Group Hotels and vice versa PIA passengers and Loyalty card holders will get special discounts on hotel bookings and restaurants. Both organizations have planned to work collectively to develop packages with air fare discounts complimented with Hashoo’s ground related services (DOTW) Destinations of the World.
The new products would be launched as ‘PIA Holidays’ powered by ‘Destination of the World’. A special Umrah product will also be jointly introduced for the convenience of customers. New Holiday products will be jointly launched by PIA and DOTW in collaboration with a leading Commercial Bank to make the Holiday products more attractive, affordable and accessible for the customers with holiday loans as well as redemption of Credit Card points. The Joint packages would also include Destination weddings, visits to religious sites for Sikh and Buddhists among other tourism packages. Travel Agents will be able to book complete Holiday packages on DOTW / PIA System and will be jointly promoted.
Federal Minister for Aviation, Ghulam Sarwar Khan, CEO PIA Air Marshal Arshad Malik, Chief Operating Officer PIA Air Cdr Jawad Zafar, Chief Commercial Officer PIA Mr. Ali Tahir Qasim, Chief Operating Officer Hashoo Group / Chairman Pakistan Hotels Association Mr. Haseeb Gardezi, General Manager Destinations of the World -Pakistan Mr. Tariq Bin Yousuf, Head of Corporate Communications PIA Abdullah Hafeez Khan and senior officials of PIA and Hashoo Group, along with leading Trade partners and tourism fraternity were present at the signing ceremony

Meezan Bank is looking to hire Product Manager - Acquiring in the Alternate Distribution Channels department at its Head Office in Karachi!

If you fit the eligibility criteria, PLEASE APPLY online by November 19, 2020 through the following link: https://www.meezanbank.com/careers/

Trump Says He's Going To Supreme Court To Stop Voting

BREAKING: Joe Biden has told America 'we feel good about where we are' as the race for the White House remains on a knife edge

US Election 2020: Biden tells America 'we're on track to win' as Trump says 'they are trying to steal the election' Only Ohio and Florida has been called among the battleground states, with others too close to call and facing delays on reporting.

Trump won key battleground state.

🇺🇸 Trump wins Florida.
🗳️ Live results 👉 https://aje.io/b7dsz

Total liquid foreign held by the country stood at US$19.84 billion as of August 28, 2020. For details:http://www.sbp.org.pk/ecodata/forex.pdf

India under Modi Government, shows worst economic performance in 24 years

Worst Economic Performance Of India In Decades India under Modi Government, shows worst economic performance in 24 years. First Quarter contracts 23.9% (in Apr-June). This is the biggest contraction in any of the major economies of the world in the aftermath of the pandemic.

AKD OPPORTUNITY FUND outperformed Karachi Stock Exchange
AKD Investment Management Ltd

"His is a stunning story, worthy of being told to younger generations who seek easy roads in life"

This person who accompanied FM Shah Mehmood Qureshi on recent visit to China is the Chief of General Staff (CGS) of Pakistan Army Lt Gen Sahir Shamshad Mirza.

Lt Gen Sahir Shamshad Mirza had not even a single family member in this world when he joined Pakistan Army. He was an orphan & for that reason, the blank space in front of "Next Of Kin" column in his service file was filled with "8 Sindh Regiment"the name of his parent is unit / battalion in Army. He once said that I have no other person & family member in this world except my unit 8 Sindh Regiment & Pakistan Army.
Today, the same person who had no one in this world is CGS of Pakistan Army which is the senior most appointment after Army Chief.

Positive things must be promoted and supported.
He is a true pride for Pakistan and Army.

Pakistan Exports Grow Despite Pandemic..!!

Pakistan Exports Grow Despite Pandemic The numbers on the trade pattern published by the Pakistan Bureau of Statistics (PBS) for July 2020 indicate a significant reversal of the trend in prior months.Exports surpassed $2 billion, a month-on-month increase of 25.1% and year-on-year growth

Pakistan Account Balance In Surplus..!!

Pakistan Account Balance In Surplus Pakistan’s current account balance swung into a surplus of $424 mn in July 2020 after posting a deficit of $100 mn in June. This is the fourth monthly surplus since last October, and a significant improvement on the deficit of $613 mn in the same mon

FPCCI press release.

the only major oil company that gain in second quarter of 2020.

SBP has received USD 505.5 million today from World Bank.

Mitsubishi Motors Share Price Drop To Record Low.

A day earlier, Mitsubishi Motors, a junior member of the auto alliance of Nissan Motor (7201.T) and Renault SA (RENA.PA), reported that sales in Southeast Asian countries, which normally account for a quarter of its global sales, plunged by a sharper-than-expected 68% to make up just 17% of total sales during April-June.

JUST IN: Former Prime Minister Of Malaysia NajibRazak guilty of all 7 charges in SRC case - KL High Court.

Google "Work From Home" Policy Extends For 12 More Months.

On Monday , Google announces it's employees can work from home for more than a year. They were earlier asked to return for work from 1st January 2021

Church Volunteer Accepts Responsibility For The Arson Attack

French authorities have arrest the 39 years old - Rwandan Church volunteer again, for the arson attack that damaged the 15th century Cathedral of St Paul's.

The man had previously been taken in custody by the authorities for questioning. The motives of attack is still unknown.

Caribbean Islands Reopened - American's Not Allowed

With its economy in freefall, and its credit rating cut to junk last month by Moody’s Investors Service, turning away U.S. citizens who represent 80% of its visitors isn’t a decision the Bahamas took lightly.

Nearly four million cases and more than 140,000 deaths due to Covid-19, the U.S. is at the center of the pandemic, while the Caribbean has been one of the least affected regions.

“Tourism is our bread and butter,” Joy Jibrilu, director general of the Bahamas’ Ministry of Tourism and Aviation. “It was a very difficult decision and we are feeling it.”

via Bloomberg

Turning Tide??

Elon Musk says Tesla is creating a 'major insurance company'.

"We're building a great — like a major insurance company," CEO Elon Musk told investors on Tesla's second-quarter earnings conference call

Despite the Coronavirus pendemic The tuition fees -- $49,653 (not including room and board) for the coming school year -- would remain the same.

While the school expects to cycle undergraduate students on and off campus in smaller numbers, with freshman invited in the fall and seniors in the spring, many students won't be on campus at all. Those who are on campus could be attending classes from their dorm rooms.

Announced The Top 5 Richest People Of The World.

In a tit for tat move, People's Republic Of China ordered United States to shut down it's Consulate In Chengdu.

The move is considered as the response to earlier move of United States to close down Chinese Consulate in Houston, Texas.

While speaking to weekly briefing the Foreign Ministry Of China declared move "legitimate and necessary response to the unreasonable measures by the United States".

Chairman of Reliance Industries (Net worth $77 billion) is also the richest man in Asia

Pakistan Stock Exchange Update. (23 July 2020 - 13:42:02)

Pakistan Rupees Exchange Rate - 23rd July 2020 (13:15:00 GMT +5)

prices setting new records - trading at record high PKR 115,000 per 10 gram (1 tola).