UMT and PTDC sign MOU

LAHORE (PR): University of Management and Technology and Pakistan Tourism Development Corporation, an institution of the federal government have signed an MOU to promote peace and education in the country. Before signing the MOU, the top management of PTDC discussed the matter with the Prime Minister Mian Nawaz Sharif who lauded the endeavor and showed his confidence in the MOU with UMT and later on granted permission. The Managing Director PTDC Ch. Kabeer Khan confirmed this news and further said that PM was very happy to learn that together with public-private partnership, the positive image of Pakistan could be restored.

The MOU ceremony was held at UMT and the Rector UMT Dr Hassan Sohaib Murad and PTDC’s Managing Director Chuadhry Kabeer Khan signed the MOU.

PC’s new project

LAHORE (PR): Pearl Continental has organised a press briefing on Parking Plaza. Haseeb Amjad Gardezi, General Manager of Pearl Continental, Lahore briefed the media about the new project that the building has its own modern structure & sleek design. It consists of 8 floors with the parking capacity of 1,000 vehicles. Primarily, three floors are operational with the capacity of 400 car parking facility.

After the completion of this project, the parking capacity would increase to 2,000 cars. A transfer service from Parking Plaza to the hotel entrance has also been arranged for the guests.

The new building has been built by keeping in view the ease and comfort ability of guests, so that they can enjoy their memorable events at the hotel.

The project is in the final phase of completion which will be completed till the end of August 2014.

UBL Funds wins Lipper Award

LAHORE (PR): UBL Fund Managers, as one of Pakistan’s leading asset management company has kept up its reputation of excellence in fund management services within and outside the country.

In the ceremony for Lipper Fund Award 2014 held in Dubai, UBL Funds’ Islamic Retirement Fund, i.e. Al-Ameen Islamic Retirement Savings Fund (AIRSF) claimed the winning spot as the “Top Performer” amongst Equity based funds globally.

Lipper Inc., is a subsidiary of Thomson Reuters, and provides mutual and hedge fund data, analytical tools, and commentary covering over 213,000 share classes and more than 117,000 funds located in over 60 countries. Every year, the Lipper Fund Awards honors Funds and Asset management firms that have excelled in consistently strong risk-adjusted performance, based on a comparison with similar funds across the globe.

Al-Ameen Islamic Retirement Savings Fund, [formerly UBL Islamic Retirement Savings Fund (UIRSF)] is a Shariah-compliant, Voluntary Pension Scheme designed to offer investors with an easy and affordable means of growing their savings over the long-term to assist them in achieving a financially independent life after retirement. Available in both Pakistan and the UAE; Investments in this fund starts as low as Rs. 500 and not only offers Free Family Takaful coverage up to Rs. 5 Million subject to certain terms and conditions, but also makes investors eligible to claim attractive tax rebates that ultimately top up their overall savings.

Al-Ameen Islamic Retirement Savings Fund is the ideal solution for Shariah Conscious investors who seek the assurance of having all their investments in strictly Shariah-compliant instruments, as this fund operates under the supervision of a Shariah Advisory Board which comprises of renowned Islamic scholars Mufti Muhammad Hassan Kaleem and Mufti Najeeb Khan.

Telenor bags top employer award

ISLAMABAD (PR): Telenor Pakistan has yet again taken center stage by securing the top employer award across all telecom companies in the country, as per ROZEE.PK’s recent Top Employer Rankings report. Factors including compensation & benefits, brand image, career growth, better work environment and social responsibilities helped ensure Telenor Pakistan retain its legacy of being the top ranking employer in the entire telecom industry of Pakistan for the second consecutive year.

According to the survey, conducted across 253 cities of Pakistan, Telenor Pakistan took up 62% weighted votes to lead as the most preferred employer in the telecommunication industry.

Expressing his delight, Muhammad Shoaib Baig, Vice President, Human Capital Division, Telenor Pakistan said, “It is a great pleasure to have been recognized as the top employer in the entire telecommunication industry yet again. This award is yet another testament of our people centric culture and egalitarian values that provide a progressive and growth oriented work environment.

Our people are our real asset and without their hard work, commitment and dedication anything  is possible.”