Mobilink launches Samsung S6, S6 Edge

KARACHI-(PR): Mobilink in collaboration with Samsung has exclusively launched the highly anticipated Samsung S6 and S6 Edgesmartphones for customers. The launch coincides with Samsung S6 and S6 Edge global launch and is in line with Mobilink’s strategy of introducing the latest devices to the market. This launch will provide customers with the opportunity to experience Mobilink’s superior 3G and voice services on one of the most innovative smartphone till date.

With every purchase of the Samsung S6 and S6 Edge, Mobilink will provide its users free1 GB data per monthfor a period of 12 months.

Aamer Manzoor, Head of Data, Mobilink commenting on the launch said, "The launch of 3G services in Pakistan has made inroads to consistently introduce the most appealing and innovative handsets. This exclusive collaboration with Samsung is another step in enhancing Mobilink’s 3G device portfolio in the market.  The launch of Samsung S6 and S6 Edge will enable and empower our customers to use Next Generation Mobile Services with unprecedented mobile experience and the best data offers on the go.”

Farid Ullah Jan, Head of Mobile Phone Division, Samsung Pakistan while commenting on this launch said, “We are extremely excited to introduce Samsung Galaxy S6 and S6 Edge for the first time in Pakistan. Samsung mobile has really gone back to the drawing board this past year, and the result is one of the most significant efforts in Samsung history.  In a very big way, the Samsung Galaxy S6 and S6 Edge is result of our mission to redefine the GALAXY brand.  We started from scratch and imagined an entirely NEW design with never-before-seen technology, and next level enterprise solutions.”

UIC announces 40pc profit for shareholders

LAHORE (STAFF REPORTER): The 55th annual meeting of United Insurance Company of Pakistan Ltd. was held here in a local hotel.  Chief Executive Rahat Sadiq informed the company's shareholders about company's financial status and said in the fiscal year 2014, the company's business transaction remained above Rs 2.47 billion while profit stood at Rs460 million. On this occasion the board announced 40 per cent profit for its shareholders. Company's paid up capital now stands at Rs1.28 billion.

The shareholders expressed their satisfaction about annual accounts of the company. Group Chairman Mian MA Shahid shed light on important aspects of investment in microfinance banking which was appreciated by the shareholders.  Mian MA Shahid, directors Khwas Khan Niazi, Mohammad Rahat Sadiq, Madam Huma Waheed and other office-bearers attended the meeting.

Allied Schools ceremony

LAHORE (PR): Allied Schools High Achievers Award Ceremony 2015 for the students of classes 5 and 8 of Allied Schools in Punjab Examination Commission (PEC) will be held in Punjab College Campus 10, Lahore on Thursday (today). The ceremony will be graced by Provincial Minister for Education Rana Mashhood Ahmad Khan, Chairman Punjab Group of Colleges, Mian Amer Mahmood, and Executive Director Prof Sohail Afzal.

Bahria University event

ISLAMABAD (PR): The ceremony of “Prime Minister Youth Laptop Scheme was conducted by Bahria University with the collaboration of HEC on Wednesday.

This scheme has been initiated by the Federal govt to help enhance the access to information technology. The laptops are being awarded to students studying in public sector higher education institutes across the country as, part of the Prime Minister’s youth programs for FY2013-14.

Tariq Afzal Chouhdary – MNA (N) was the chief guest of the ceremony. Pro-Rector, Rear Admiral Saleem Akhtar congratulated the HEC and the government of Pakistan for the successful execution of the scheme and also to the students who have come up to criteria for award. About 433 students of BU have successfully received the laptops and Evo devices and in yesterday’s ceremony distributed about 100 more laptops to the remaining students of post graduate programs.

Zong signs MoU with AIOU

ISLAMABAD (PR): Zong, Pakistan’s most advanced and only 3G & 4G operator, has signed a memorandum of understanding (MoU) with Allama Iqbal Open University (AIOU), Pakistan’s biggest university in terms of student enrolment. With Zong’s focus on becoming an indispensable digital life partner, this MoU will facilitate the academia and student body of AIOU in its educational pursuits through access to various Zong products and services.

Zong’s cutting edge 3G & 4G technology is empowering a great number of Pakistanis each day, and this partnership with a university of the academic stature of AIOU implies that an even greater number of individuals, in particular youth, will be able to experience empowerment in the arena of education through our technological innovations.

AIOU staff and students will be able to enjoy a vast category of Zong’s cutting edge products and services, ranging from Zong’s latest 4G enabled handsets through installment plan and WiFI connectivity for the AIOU Headquarters through Zong WiFi devices to mobile broadband based connectivity in 42 regions and mobile financial solutions for timely disbursements of monthly wages and collection of fees amongst many others products and services. These benefits will be enjoyed by a population of over 1.3 million students, over 70,000 tutors and over 2400 employees.

Warid’s new SIM offer

LAHORE (PR): Warid Telecom is now offering its new SIM upon a recharge of Rs.50 or more. All Warid Prepaid customers will be entitled to a total of 300 Warid minutes, 50 off-net minutes, 50 local SMSs, and 50 MBs every month for three consecutive months. Warid, as always, has positioned this offer to give its customers the freedom to stay connected at their convenience. This offer will allow Warid prepaid subscribers stay connected with their loved ones always at the most affordable rates.

AGM of Al Baraka Group

MANAMA (PR): Al Baraka Banking Group B.S.C held its ordinary and extra-ordinary general meetings recently in Manama, the capital of the Kingdom of Bahrain. The Group's shareholders reviewed in relation to the financial year ended 31 December 2014 the report of the Board of Directors on the Group's activities, the auditors’ report on the financial statements and the report of the Unified Sharia Supervisory Board. The consolidated financial statements for the financial year ended 31 December 2014 were also reviewed and approved.

The meeting approved, upon the recommendations of the Board of Directors, the transfer of 10% of the net income amounting to US$ 15,173,115 to the statutory reserve, the distribution of $32,816,061 as cash dividend to the shareholders registered as of the date of this meeting and amounting to 3 cents for each share equal to 3% of the par value of the share, the transfer of $103,741,971 to the retained earnings, and approval of the proposed distribution of one bonus share for every 50 fully paid up shares to the shareholders registered as of the date of this meeting amounting to US$ 21,877,374 and equal to 2% of the issued and paid up capital from the retained earnings subject to the obtaining of the required official approvals.

Meezan ‘best Islamic bank’

NEW YORK (PR): Global Finance magazine recently awarded Meezan Bank ‘The Best Islamic Bank in Pakistan’ in its 8th annual awards for the World’s Best Islamic Financial Institutions. Meezan Bank has been the regular recipient of the Global Finance awards since 2009 for its commitment to quality, customer satisfaction, innovation and reliability to the cause of Islamic Banking.

Global Finance is one of the most prestigious finance publications working with corporate leaders, bankers and investors to chart the course of global business and finance. The winners of this year’s awards are those banks that contributed to the growth of Islamic financing and successfully met their customers’ needs for Shariah-compliant products through modern and efficient delivery channels.

Meezan Bank, the 8th largest bank in Pakistan, provides a comprehensive range of Islamic banking products and services through a retail banking network of 430 branches in 117 cities, supported by a countrywide network of over 361 ATMs, Visa debit cards, a 24/7 Call Center and internet banking facility.

Nokia Networks demonstrates innovations

ISLAMABAD (PR): Nokia Networks is demonstrating its latest innovations announced at Mobile World Congress (MWC) 2015 in the areas of 5G, security, Liquid Applications, big data and analytics, and Small Cells. These demonstrations take place at the company’s Center of Competence in Islamabad and Lahore this week.

Saeed Qadri, Country General Manager, Nokia Networks, said: “Pakistan is an important market, and we are committed to helping the country build a reliable, secure, next-generation mobile broadband infrastructure for data traffic that, compared to 2010, will grow 1000 times by 2020, as per Nokia prediction.

 Accordingly, we are showcasing to all operators here how our latest innovations can help them improve network capacity, speed and coverage for better mobile broadband experience and penetration across the country.”