Shoe Planet Polo Cup 2013

LAHORE (PR): The balmy winter days kicked off in style with polo, the game of kings. The Shoe Planet Polo Cup 2013 was hosted at the Lahore Polo Club. Exhilarating matches were played with the who’s who of Lahore in attendance.

The participants of the tournament were Ahmed Ali Tiwana, Saquib Khan Khakwani, Hamza Mawaz Khan, Shah Qublai Alam and Shah Shamyl Alam, the tournament has made its mark amidst much fanfare. Asif Tiwana, Atif Tiwana and Taimoor Mawaz Khan and senior players were also played. The final was held on December,1. The final was played between Wi-Tribe/Rijas & Polo D Sufi.

Karachi team takes lead 12 points to 4 at Golf Club.

KARACHI (PR): After 3 years of being held in Lahore, The Legends Pakistan Tour returns to Karachi. The Karachi team is seeking to get the cup back. After play on day 1 scrambles format, the Karachi team takes the lead 12 points to 4. The Legends Pakistan is a 3 day tournament, based on Ryder Cup style format.

Mobilink, Samsung launch Samsung Galaxy Star Pro

LAHORE (PR): Mobilink has exclusively partnered with Samsung to launch the android based Samsung Galaxy Star Pro smart phone. The multi-tasking machine will offer an exclusive pre-loaded unlimited data bundle package for Mobilink users for a period of 6 months.

The Samsung Galaxy Star Pro comes with a vivid large 4-inch display with a high quality screen, leading to premium viewing. It offers the latest Android Jelly Bean operating system, making multitasking faster and managing applications with easy wireless access. Powered by 1GHz processor and 512MB RAM.

Moied Javeed, Director Marketing (Mobile Internet), Mobilink said, “Mobilink continues to offer its customers the best products and services to provide them with the best communication and data experience. We hope that our customers will make the most out of Mobilink’s unlimited data offer on this powerful smart phone.’’

Vendor conference of Millat Tractors

LAHORE (PR): In order to develop a strategy to cope with the current worldwide recession and future scenarios of liberalised trade and stiff international competition, Millat is holding the 12th vendors’ conference of its vending associate base of more than 200 companies on 5th December, 2013 at Faletti’s Hotel.

Millat has been the pioneer in indigenisation and has played a major role in setting up of the automotive vending industry base in the country. Millat has achieved the highest level of localisation than any other OEM in Pakistan. This has been possible by embracing cost effective techniques for low volume production resulting in major foreign exchange savings.

Eni sells Severenergia 60 per cent stake

SAN DONATO MILANESE (PR): Eni signed an agreement to sell its 60% ​​stake in Arctic Russia to Yamal Development, a joint venture equally owned by Novatek and Gazprom Neft.

Artic Russia owns 49% of Severenergia, which holds four licenses for the exploration and production of hydrocarbons in the region of Yamal Nenets.

The transaction is subject to receipt of necessary approvals. The sale price is 2.94 billion dollars, which will be paid in cash at closing.

Following the closing of the transaction, Eni will no longer hold a stake in Severenergia. With this sale Eni monetizes its investment in Siberian upstream assets, which have been significantly matured, coherently with its objective of creating value for shareholders.

Eni will continue to have a significant presence in, and strong relations with, Russia both in strategic and commercial terms. Eni is the biggest buyer of natural gas from Gazprom and a major buyer of oil from Rosneft, with whom it also has a joint venture to explore promising assets in the Black Sea and the Barents Sea. Moreover, Eni partners Gazprom in the South Stream project which, once completed, will deliver 63 billion cubic meters of gas per year, contributing substantially to the European security of supply.