Soneri donates 11.25 tons of food for Thar people

KARACHI (PR): Soneri Bank Limited recently undertook an initiative to assist the people affected by the drought devastation in Thar. Soneri Bank donated approximately 11.25 tonnes of food to be distributed in the form of 525 food hampers to the people of Thar.

The food hampers were handed over to the Pakistan Army for distribution as part of a ceremony on 10th April 2014 at the Central Ordinance Depot. Present at the occasion were Amin Feerasta, Chief Risk Officer, Soneri Bank Ltd; Ms. Fariya Zaeem, Head of Marketing, Soneri Bank Ltd; and Mr. Anwar Hussain, Marketing Manager, Soneri Bank Ltd. Faced with frequent food shortages, the affected people found Soneri Bank’s efforts a welcome relief and hoped for similar gestures from the Bank in the future.  From left to right: Captain Sattar; Lieutenant Abid; Amin Feerasta, Chief Risk Officer, Soneri Bank Ltd; Brigadier Zafar Iqbal; Ms. Fariya Zaeem, Head of Marketing, Soneri Bank Ltd.

Winner of International Arch of Europe Award 2014

 KARACHI (PR): B.I.D. (Business Initiative Directions) holds an annual congress with meetings at multiple sites, in Paris, London, Madrid, Geneva, Frankfurt and New York, having gathered companies and organisations from 118 countries over the past ten months. During that time, participating leaders and experts in quality and excellence submitted their votes for the candidacy of United Engineers & Contractors (Pvt.) Ltd for the International Arch of Europe (IAE) Award which is presented to Ahsanullah Chattha, Chief Executive UEC in Frankfurt.

GE and Aramco to find solutions for seawater desalination

LAHORE (PR): GE and Aramco Entrepreneurship launched an open global technology challenge to accelerate the development of solutions focused on improving the energy efficiency of seawater desalination. The $200,000 challenge will be awarded to four winners with a prize of $50,000 each, and further investments towards commercialization of the best ideas among all submissions will be considered.

Current desalination techniques are typically very energy intensive: energy consumption can account for up to 70 per cent of the desalination costs. The global production of desalinated water uses approximately 75.2 terawatt-hours of electricity per year, enough to power nearly 7 million homes.

Nabil Al-Khowaiter, Aramco Entrepreneurship’s Director stated that “finding a more efficient method of desalinating seawater will be a game-changer in our collective pursuit of a more sustainable energy future across the globe. Due to increased water scarcity, countries around the world are poised to rely more and more heavily on desalination as a means to provide fresh water. Aramco Entrepreneurship is partnering with GE not only to identify new solutions to lowering desalination costs, but also to invest in and attract new technologies and industries to Saudi Arabia.”

SSGC becomes ACCA approved employer

KARACHI (PR): Sui Southern Gas Company Limited has become ACCA approved employer at Gold level. The certificate presentation ceremony was held at SSGC Head Office with Zuhair Siddiqui, Managing Directo,r SSGC along with Amin Rajput, Chief Internal Auditor SSGC and all ACCA trainees working at SSGC. ACCA Pakistan was represented by Arif Masud Mirza, Head of ACCA Pakistan and Rehan Uddin, Head of ACCA Karachi.

Amin Rajput commented, “ACCA Trainee Scheme is an excellent model for the organisations to affiliate with a Global Body of Professional Accountants. It allows organisations to invest in finance talent by hiring trainees at the start of their careers and growing them to become future business leaders. It is an excellent tool for recruitment, retention and development of accounting and finance professionals.

We at SSGC started this Scheme a year back in our Internal Audit department and now being an ACCA Approved Employer with Gold Level Status, we will extend it to the whole organization wherever there is a need for the professional accountants. We appreciate the support and cooperation extended by ACCA Pakistan Team to make this scheme a success at SSGC.”