PSX to Separate Real Estate Assets to Enhance Income Potential
PSX's Strategic Shift: What You Need to Know The Pakistan Stock Exchange (PSX) recently made headlines with a significant decision during the quarter that ended on December 31, 2017. After experiencing a downturn, where profits turned into losses, the board announced plans to separate its real estate assets from its core operations. Why does this matter? Let’s dive in! PSX's board approved the demerger in an effort to streamline operations and boost net earnings. According to PSX Company Secretary Muhammad Rafique Umer, the separation will create a new entity focused solely on real estate. This means that existing shareholders of ...
Emirates and Uber Collaborate to Enhance Seamless Travel Experiences in Dubai
Emirates Airlines and Uber have recently teamed up in an exciting partnership designed to elevate the travel experience for customers. Through a signed Memorandum of Understanding (MoU), these two industry giants are on a mission to streamline journeys, making them more seamless and rewarding for all travelers. This collaboration targets enhancing the on-ground mobility experience for Emirates customers and offers impressive loyalty benefits for Skywards members when using Uber in select markets within the Emirates network. With this partnership, Emirates and Uber plan to roll out several initiatives aimed at simplifying travel. For instance, they are developing an integrated booking ...
Stable Trends in Real Estate Pricing: Insights and Analysis
Real Estate Trends in Major Pakistani Cities: A 2018 Overview As we stepped into 2018, the real estate landscape in Pakistan's major cities—Lahore, Islamabad, Karachi, and Gujranwala—remained surprisingly resilient. Despite the various challenges posed by a new tax regime that seemed to scare off many investors, the prices held steady, thanks largely to genuine buyers looking to make long-term investments. Lahore Market Insights In Lahore, particularly in the DHA (Defence Housing Authority) Phases I-VI, we saw a notable uptick in property values. The price of 10-marla plots jumped by 4.24%, while 1-kanal plots experienced a 4.74% increase. This growth was ...
ENOC Group Unites Global Distributors in Thailand, Expands into EV Fluids Market
Exciting times are ahead in the energy sector! The ENOC Group recently wrapped up its 9th Lubricants Global Distributors Meet in beautiful Thailand. This event was more than just a gathering; it was a platform where key distributors from over 25 countries came together to explore advancements and challenges in the global distribution network. This year’s meet was remarkable, with first-time participation from countries like Thailand, Pakistan, Kyrgyzstan, Kuwait, Jordan, and Congo. ENOC’s expanding international footprint speaks volumes about its successful market penetration and commitment to growth. Now, here's where things get particularly interesting—the global electric vehicle (EV) fluids market ...
Essential Guide to Earning Money: Tips and Strategies for Success
KARACHI: Have you ever heard the saying, "Don't put all your eggs in one basket"? Warren Buffett, one of the most successful investors in the world, emphasizes this point. He believes diversifying your income streams through smart investments is crucial. Considering how rapidly the global economy is changing, today’s financial landscape offers various exciting investment opportunities. Enter the world of cryptocurrencies. A few years back, this term might have been foreign to many, but now it’s at the forefront of investments. It's not just cryptocurrencies that have gained traction; the average person today is more eager to dive into various ...
Emarat Earns Great Place To Work® Title for People-First Culture in Dubai
Emarat, a cornerstone of the UAE’s energy sector, has recently earned the prestigious Great Place to Work® certification. This accolade highlights Emarat's commitment to creating a workplace where employees feel valued and engaged—a testament to their ongoing dedication to fostering a supportive and inclusive culture across the organization. Ahmad Ahli, Chief People Officer at Emarat, remarked, “This recognition is a tribute to the people of Emarat. Our strength lies in our people—from our head office to the fuel stations across the country. This certification reflects their dedication, passion, and shared belief in our values.” It's clear that Emarat prioritizes its ...
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