Arçelik has obtained required regulatory approvals for the closing of the acquisition of Dawlance, Pakistan’s leading white goods manufacturer. The company expects to complete the share transfer by November 7th 2016. Upon closing of the deal, Arçelik will incorporate Dawlance’s two manufacturing sites in Karachi and one in Hyderabad alongRead More →

A smart vehicle-tracking and driving behavior monitoring device that allows customers to stay connected with their vehicles wherever they are ISLAMABAD ( BMZ REPORT ) Expanding its Internet of Things (IoT) portfolio, Telenor Pakistan has launched Telenor Automate, an internet connected plug and play device that enables vehicle owners toRead More →

LAHORE ( HAFEEZ REPORT ) PepsiCo Pakistan concluded its Food Safety Internship Program 2016 targeting the brightest students from Pakistan’s key business and agriculture universities. The programe has been launched in collaboration with the US Pakistan Women Council. The intensive six-month program featured 50 promising interns with 60% of femaleRead More →

LAHORE ( HAFEEZ REPORT ) Huawei – the global technology-leading company in electronics and telecommunications has announced the beginning of its annual recruitment drive for the year 2016. The first screening session was recently held at the Lahore University of Management Sciences (LUMS). This broad-based programme will comprise of numerousRead More →

ISLAMABAD ( BMZ REPORT ) Three Pakistani startups have been shortlisted to feature on Telenor Group’s maiden regional startup event ‘Digital Winners Asia,’ to be held on November 1-2 in Yangon, Myanmar, a city seen as an emerging player in Asia’s technology scene. The event would blend the creativity, energyRead More →

ISLAMABAD ( BMZ REPORT ) In yet another instance of innovating mobile financial services landscape, Pakistan’s first and largest branchless banking service Easypaisa has introduced money transfer from Easypaisa Account to any mobile number. Formerly, Easypaisa Account holders could transfer money to any CNIC, bank account and Easypaisa Account acrossRead More →

ESPOO, FINLAND ( PRESS RELEASE ) Solid financial and operational performance across the company This is a summary of the Nokia Corporation interim report for third quarter 2016 and January-September 2016 published today. The complete interim report for third quarter 2016 and January-September 2016 with tables is available at www.nokia.com/financials. InvestorsRead More →