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corporate watch

September 13, 2017

NBP CEO president visits Gwadar

GWADAR: National Bank Pakistan (NBP) President Saeed Ahmad recently visited the Gwadar region to assess business prospects for NBP in view of the China-Pakistan Economic Corridor, a press release said on Tuesday.

Mr Ahmad met leading businessmen and addressed the members of the local chamber of commerce. He said Gwadar is emerging as a major player in the economic future of Pakistan. It also holds a vital position in the region, he added.

He also had a town hall meeting in which all NBP branch managers from the region and other senior local executives took part. This was the first visit of any NBP president to this region, the press release said.

General Tyre gets PSQCA certification

KARACHI: Pakistan Standards and Quality Control Authority (PSQCA) has awarded a licence/certification for conformance of the standards of motorcycle tyre manufacturing (ie PS:ISO 4249-1) to the General Tyre and Rubber Company of Pakistan Limited, said a press release.

Landmark Investment buys stake in Muawaza

LAHORE: Landmark Investment has acquired 30 per cent holding in Muawaza, a specialist pool management system for Islamic banks and institutions for tagging and monitoring individuals’ pool of funds to determine their costs or profits.

Landmark Investment is a financial advisory firm that has also adopted the role of an incubator.

Prior to this, the company incubated a fintech called Tresmark, which is now running independently and profitably as a separate entity, said an announcement on Tuesday.

Published in Dawn, September 13th, 2017