November 2023 – News Feed

Gamer Pakistan Subsidiary K2 Gamer Announces Super Mega Pakistan Universities Esports Championship 2023-24

Posted November 30, 2023 by Web Desk

45-Day Event Expected to Attract Over 1,500 Student Gamers and Features 1 Million PKR Prize Pool HENDERSON, Nev., Nov. 30, 2023 (GLOBE NEWSWIRE) — Gamer Pakistan Inc. (NASDAQ: GPAK), an early-stage technology and esports company focused on game development and in-game AI community engagement, and organizing esports events in Pakistan,…

Careem Introduces Eco-friendly Rides in Dubai

Posted November 30, 2023 by Web Desk

Dubai, Careem, the popular ride-hailing service, has announced the launch of its Eco-friendly car type in Dubai, marking a significant step towards environmental sustainability in the region.According to Careem, for an additional AED 0.05 per kilometer, Eco-friendly rides aim to offset carbon emissions, offering a greener alternative without compromising on…

Pakistan Reports 2.1% GDP Growth in First Quarter FY24, Eyes 3.5% Annual Target

Posted November 30, 2023 by Web Desk

Karachi, Pakistan's economy has shown a notable recovery in the first quarter of the fiscal year 2024, with a GDP growth of 2.1%, marking a significant improvement from the previous year's figures. This upturn comes after a challenging period in FY23, where the GDP was revised down from an initial…

OGDC Briefs Analysts on FY23 Results, Outlines Future Strategies

Posted November 30, 2023 by Web Desk

Karachi, The Oil and Gas Development Company (OGDC) conducted an analyst briefing today to discuss its fiscal year 2023 results and future plans. Key highlights included significant milestones in the Bettani field, seismic survey achievements, and strategies to address production challenges and optimize assets.According to AKD Research, OGDC's notable achievements…

VIS Confirms High Corporate Governance Rating for Pakistan Kuwait Investment Company

Posted November 30, 2023 by Web Desk

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the Corporate Governance Rating of Pakistan Kuwait Investment Company (Private) Limited (PKIC) at 'CGR-9+', indicating a very high level of governance. This update follows the previous rating announced on December 15, 2022.According to VIS Credit Rating Company Limited, the PKIC, a…

COP28 creates fund to address climate disaster impact

Posted November 30, 2023 by Web Desk

The COP 28 climate Conference has formally approved the establishment of a Loss and Damage Fund aimed at addressing the impacts of climate disasters.This announcement was made by President of COP 28, Sultan Ahmed Al Jaber, during his address to the participants in Dubai on Thursday.He said COP28 Presidency is…

PM calls for utilizing Loss and Damage Fund on merit to address climate change issues

Posted November 30, 2023 by Web Desk

Caretaker Prime Minister Anwaar-ul-Haq Kakar has stressed the need to ensure utilization of Loss and Damage Fund on merit to cope with the challenges of climate change.In an interview with CNN on the sidelines of United Nations Framework Convention on Climate Change, he said the utilization of the Fund should…

Pakistan applauds swift operationalization of COP28 Loss and Damage Fund

Posted November 30, 2023 by Web Desk

Pakistan has applauded the historic achievement at COP28 as the Loss and Damage Fund sees swift operationalization with 575 million dollars pledged within the first hour of the conference's opening session in Dubai today.The pledge includes 225 million dollars committed by European Union. This momentous occasion follows Pakistan's crucial role…

King Faisal Specialist Hospital and Research Center Honors Two Decades of Heartfelt Employee Commitment

Posted November 29, 2023 by Web Desk

KFSH&RC RIYADH, Saudi Arabia, Nov. 29, 2023 (GLOBE NEWSWIRE) — King Faisal Specialist Hospital and Research Center takes great pride in recognizing the exceptional dedication of its diverse workforce, with each member contributing two decades to the noble mission of patient care. His Excellency, CEO Dr. Majid Al-Fayad, personally paid…

‫تقديراً لجهودهم المبذولة خلال 20 عام مستشفى الملك فيصل التخصصي ومركز الأبحاث يحتفي بالموظفين الرواد

Posted November 29, 2023 by Web Desk

KFSH&RC الرياض, Nov. 29, 2023 (GLOBE NEWSWIRE) — احتفى مستشفى الملك فيصل التخصصي ومركز الأبحاث بالموظفين والموظفات الرواد الذين أمضوا عشرين عاماً في خدمة المرضى، حيث تم تكريمهم من قبل معالي الرئيس التنفيذي الدكتور ماجد الفياض وذلك خلال النسخة الرابعة والأربعون لحفل تكريم الرواد، الذي أقيم في كل من جدة…

‫بنك أبو ظبي الأول وشركة هالو للاستثمار يوقعان مذكرة تفاهم لتعزيز أعمال سندات مالية مهيكلة

Posted November 29, 2023 by Web Desk

أبو ظبي،, Nov. 29, 2023 (GLOBE NEWSWIRE) — وقع بنك أبو ظبي الأول – أكبر بنك في دولة الإمارات العربية المتحدة – وشركة هالو للاستثمار – الشركة الرائدة عالمياً في مجال الاستثمارات المحمية، ومقرها الرئيسي في شيكاغو، الولايات المتحدة ولها مكاتب في أبو ظبي وزيوريخ – مذكرة تفاهم لتعزيز أعمال…

FAB, Halo Investing sign MoU to advance Structured Notes business

Posted November 29, 2023 by Web Desk

ABU DHABI, United Arab Emirates, Nov. 28, 2023 (GLOBE NEWSWIRE) — First Abu Dhabi Bank (FAB), the largest bank in the UAE, and Halo Investing, a global leader in Protective Investments, headquartered in Chicago with offices in Abu Dhabi and Zurich, have signed a Memorandum of Understanding (MoU) to enhance…

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