Emirates statement on operations at London Heathrow

Emirates values our partnerships with airport stakeholders across our network with whom we engage continuously, and collaboratively, to secure our flight operations and ensure minimal customer disruption, particularly over the peak travel months.

It is therefore highly regrettable that LHR last evening gave us 36 hours to comply with capacity cuts, of a figure that appears to be plucked from thin air. Their communications not only dictated the specific flights on which we should throw out paying passengers, but also threatened legal action for non-compliance.

This is entirely unreasonable and unacceptable, and we reject these demands.

At London Heathrow airport (LHR), our ground handling and catering – run by dnata, part of the Emirates Group – are fully ready and capable of handling our flights. So the crux of the issue lies with the central services and systems which are the responsibility of the airport operator.

Emirates is a key and steadfast operator at LHR, having reinstated 6 daily A380 flights since October 2021. From our past 10 months of regularly high seat loads, our operational requirements cannot be a surprise to the airport.

Now, with blatant disregard for consumers, they wish to force Emirates to deny seats to tens of thousands of travellers who have paid for, and booked months ahead, their long-awaited package holidays or trips to see their loved ones. And this, during the super peak period with the upcoming UK holidays, and at a time when many people are desperate to travel after 2 years of pandemic restrictions.

Emirates believes in doing the right thing by our customers. However, re-booking the sheer numbers of potentially impacted passengers is impossible with all flights running full for the next weeks, including at other London airports and on other airlines. Adding to the complexity, 70% of our customers from LHR are headed beyond Dubai to see loved ones in far flung destinations, and it will be impossible to find them new onward connections at short notice.

Moving some of our passenger operations to other UK airports at such short notice is also not realistic. Ensuring ground readiness to handle and turnaround a widebody long-haul aircraft with 500 passengers onboard is not as simple as finding a parking spot at a mall.

The bottomline is, the LHR management team are cavalier about travellers and their airline customers. All the signals of a strong travel rebound were there, and for months, Emirates has been publicly vocal about the matter. We planned ahead to get to a state of readiness to serve customers and travel demand, including rehiring and training 1,000 A380 pilots in the past year.

LHR chose not to act, not to plan, not to invest. Now faced with an “airmageddon” situation due to their incompetence and non-action, they are pushing the entire burden – of costs and the scramble to sort the mess – to airlines and travellers.

The shareholders of London Heathrow should scrutinise the decisions of the LHR management team.

Given the tremendous value that the aviation community generates for the UK economy and communities, we welcome the action taken by the UK Department for Transport and Civil Aviation Authority to seek information from LHR on their response plans, systems resilience, and to explain the seemingly arbitrary cap of 100,000 daily passengers. Considering LHR handled 80.9 million passengers annually in 2019, or a daily average of 219,000, the cap represents greater than a 50% cut at a time when LHR claims to have 70% of ground handling resources in place.

Until further notice, Emirates plans to operate as scheduled to and from LHR.

PITB signs MoU to integrate Mastercard with PayZen

LAHORE – 1 July 2022

Punjab Information Technology Board (PITB) has inked a memorandum of understanding (MoU) to integrate Mastercard Asia/Pacific Pte. Ltd with PayZen, a modern digital payment solution to facilitate money movement between different segments of Financial Ecosystem.

The agreement was signed by PITB Director General IT-Operations (IT-Ops) Faisal Yousaf and Country General Manager Middle East & North Africa (MENA) East J K Khalil during a ceremony conducted at Arfa Software Technology Park (ASTP) in Lahore.

While addressing the event, PITB IT-Ops DG Faisal Yousaf said, ‘PITB plans to work with Mastercard to identify new opportunities for facilitation of the citizens. This collaboration will explore joint-ventures for digitization of government payments in Pakistan and worldwide.’ He further stressed to expand cooperation in various areas including food, livestock, fee and toll collection etc in near future.

Mastercard’s Country General Manager J K Khalil expressed gratitude over PITB’s technical support and offered their global expertise on ‘open loop transit solutions’ that allow customers to pay using their Debit/Credit/ Pre-Paid cards for transportation. In this regard, necessary support will be extended to PITB through partner acquiring bank, he pledged.

The Mastercard integration with PITB will also provide the possibility of establishing Mastercard Farmer Network / Provenance Solutions in Pakistan enabling farmers to sell their crops across the world. Under this MoU, cooperation on various strategic alliance opportunities including formalizing the potential collaboration with respect to introducing Digital Financial Services in PITB will be ensured.

 

 

 

 

 

 

Walee-Nust launches Pakistan’s first Center of Excellence for Social and Digital Media Technologies

Karachi, 1 July 2022 – Walee Technologies Pvt. Ltd. (Walee), Pakistan’s leading influencer marketing technology company, and the country’s top academic institution, the NUST School of Electrical Engineering & Computer Science (SEECS) have established Pakistan’s first industry-academia Walee Nust Center of excellence to develop innovative social and digital AI-driven solutions and deeper intelligence to serve the USD100 billion* global creator economy. The initiatives will first serve the Middle East, North Africa, and Pakistan (MENAP) market, which has a digital advertising and ecommerce marketing expected to exceed USD 60 billion in 2022 and an overall potential to double by 2030.

The Walee-NUST Center of Excellence (WNCE) for social and digital media technologies is a long-term mutually-beneficial collaboration by way of research and development activities, continuous upgrading of academic course content and knowledge transfer between faculty, students and Walee’s engineering teams. WNCE can also enhance their professional visibility by way of contributing to publications, leading to higher global rankings. Walee’s adoption of web 3.0 is a strong step in meeting its vision to shape the media-advertising space in the next five years with innovative solutions and techstacks. The physical, co-branded and fully functional tech facility on NUST’s premises will boost participants’ team dynamics when working on deliverables.

From a media industry perspective, Walee is the only martech that has collaborated with academia to invest in the country’s future talent. Muhammad Ahsan Tahir, CEO Walee and a 2014 SEECS engineering graduate, said, “As an aIumni, I am privileged to give back to SEECS’ 2,500 students and faculty members. We will help them contribute to design and development projects, and to deliver globally scalable, AI-driven system serving largest B2B and B2C brands in MENAP and Turkey market” He added, “Walee Technologies helps leading brands and agencies across these areas to serve more than 500 million in population, to impactfully collaborate with creators and others to market, sell and service products to consumers using AI-driven solutions.”

The partnership supports NUST’s SEECS program strategy in ensuring it ranks as Pakistan’s top engineering program for the sixth consecutive year (QS Programs). Dr Rafia Mumtaz, Head of Software Engineering department at NUST, said, “By working with Walee’s engineering teams, we aim to enhance our marketing and media technologies knowledge in context to in-demand programming languages, data science and Web 3.0. This partnership will empower our students to be successful in their academics and future professional endeavours.” In the current economic climate, where startups are struggling to survive, Walee’s initiative to invest in the talent pool was welcomed by the faculty.

Dr Muhammad Ajmal Khan, Principal, NUST SEECS, added, “We greatly appreciate the generous initiative of SEECS Alumnus, Muhammad Ahsan Tahir, and his efforts to pay back to the institute.” He added, “industry-academia linkages are the need of the hour and NUST-SEECS will strive to strengthen this connection.”

An MOU signing and WNCE facility inauguration ceremony was held on 30 June 2022 at NUST campus and was attended by more than 100 CEOs, industry leaders, government officials, development sector, leading NUST academics, media, and others.

Hysab Kytab signed a strategic partnership with Winikon

Karachi: Hysab Kytab – a leading FinTech that offers a suite of financial management solutions has signed a strategic partnership with Winikon – IT services company specialized in banking business to enhance the banking experience of customers. This collaboration will help in providing individual-level personalized financial management products and services to banking customers.

The partnership between Winikon and Hysab Kytab will facilitate banking customers to manage their finances more efficiently and securely. It will improve the banking experience, and better money management and help the customers proactively manage their finances.

Viktor Weininger, CEO at Winikon said ’’Winikon is serving Temenos Transact clients backed up with 15+ years of experience in Temenos ecosystem. PFM is a key element of digital transformation as mobile is the most essential touchpoint with banking clients nowadays. I’m delighted to onboard Hysab Kytab as our partner. Through our partnership with Hysab Kytab, we are offering a best-of-breed, innovative PFM solution integrated with Transact”

Yasir Ilyas, Head of Hysab Kytab said “Hysab Kytab’s PFM is available at Temenos Exchange (Temenos Marketplace) as pre-integrated with Infinity and Transact for global customers. As a product company our expansion/scale strategy demands finding well reputed partners that have track record of successful projects. This partnership with Winikon is key for our scale strategy and I look forward to creating success together with Winikon”

About Winikon: Winikon’s passion is banking operations made simple. Winikon accompanies its clients along their path of becoming an organization where advanced banking software technology is a stable and reliable enabler for business and innovation. We help banks on their journey of transitioning into the world of modern IT architecture.

About Hysab Kytab: Hysab Kytab’s PFM is available on marketplaces of Temenos – Temenos Exchange as pre-integrated with Infinity and Transact for global customers.

Hysab Kytab PFM is a white-labelled personal finance management solution, which is a fully customizable and secure wealth management product. It can seamlessly integrate into the bank’s existing core banking applications and helps banks maximize and optimize their revenues per branch, per customer and sell more products to more customers many times.

At Hysab Kytab, we want to help customers Know More, Guess Less.

TechTalks: The future’s bright, the future is fintech

All over the world, the finance industry is witnessing a new trend as banks are transforming their business models as fintech operators. Previously, it was the other way around , shared Mohammad Yasir Ilyas, the head of one of Pakistan’s leading money management app Hysab Kytab.

He said this while moderating a webinar series titled Tech Talks held by Jaffer Business Systems, where fintech heads and finance experts discussed financial inclusion, digitization and Pakistan’s untapped potential in the financial sector – fintech: which can capture niche markets through innovative, tech-enabled, and easy-to-accessible services.

Mr. Ilyas claimed that the support of regulators was essential for fintech operators and financial institutions in order to introduce various initiatives in the market. According to Mr. Ilyas, in the last two years, the support from regulators has been positive which has led to the growth of fintech business in the country.

Given the current financial setting, in the next five years banking will become a common service in Pakistan and worldwide. Financial literacy and awareness play an important part in making people feel comfortable using services offered by fintech operators.

“The mobile phone penetration is exceptional — from 70% to 80% in Pakistan, but the penetration of banks stands merely at 20% which provides a big opportunity for fintech to come into space benefiting from mobile penetration to launch their products and services,” said Areej Al Medinah, Product Owner at SadaPay.

She added that financial inclusion was a wide phenomenon which should offer its user access to the financial system even without a bank account for basic services and a variety of products and services with a bank account.

The services should be easy to navigate, sustainable and affordable for a wide segment of the customers who can be empowered to make the most of their bank accounts.

“Bank accounts are not a privilege. They are a necessity which should not be based on red tape. Fintech companies do swift processing without excessive documentation as compared to traditional banks,” she explained.

“Fintech operators provide easy access to customers to open bank accounts or have a transactional card in a short span of time as compared to traditional banks with the involvement of a lot of processes and compliance. In this way, the role of fintech is tremendous in promoting digital transactions and financial inclusion in the country,” Ms. Al Medinah further said.

Elphinstone Founder and CEO Farooq Tirmizi believes that the phenomenon of financial inclusion could be promoted at an accelerated pace in Pakistan through the regulator’s plan and that competition should not be intensified between banks and fintech operators but between these entities and different sectors such as real estates.

Spotify Announces Zoha Zuberi as EQUAL Ambassador for June

Zoha Zuberi, the versatile and talented indie writer, composer and vocalist, becomes EQUAL Pakistan Ambassador for the month

Karachi: Spotify announced Zoha Zuberi as June’s EQUAL Pakistan Ambassador. The program is part of Spotify’s commitment to showcase women creators revolutionizing Pakistan’s music industry and to celebrate the women leading innovations and exciting developments in the Pakistani music scene. Zoha became the fourth Ambassador after Arooj Aftab, Mehak Ali, and Hadiqa Kiani, representing young and established women artists in the country. In addition, as the EQUAL Pakistan Ambassador of June, Zoha was featured on a Spotify digital billboard at Times Square NYC on the 23rd of June, promoting her latest single, “I Rather”.

For the last five years Zoha Zuberi, an independent singer and composer from Pakistan’s capital city, has changed music dynamics both within the country and internationally. The vibrant indie musician is a voice of her own, amongst the women making a mark for themselves in the entertainment scene through their unique compositions. Through songs such as ‘Kuch Kehna Chahta Hun’, ‘Judaa’, and ‘Jo Tu Na Mera’, Zoha has captured the attention of a global audience across India, the US, Bangladesh, and Canada.

When asked about her feelings about being the EQUAL Ambassador of the month, Zoha said, “A sense of gratification is overwhelming but what this really means to me is far more than just a sense of personal achievement. It is for me and the woman of Pakistan to step into the spotlight. For all of us to express ourselves and take our place in the music scene.”

Zoha Zuberi is also featured on Spotify’s EQUAL Global playlist alongside artists from Poland, Morocco, Peru and more, along with being on the cover of EQUAL Pakistan.

Gerry’s dnata recognised for high safety standards in Pakistan

Karachi – Gerry’s dnata, Pakistan’s leading ground services provider, continues to be recognised for achieving the highest safety standards. The company obtained IATA Safety Audit for Ground Operations (ISAGO) Station Accreditation at Islamabad International Airport (ISB), following the successful completion of a comprehensive audit of its ground handling operations at the airport.

Syed Haris Raza, Vice President of Gerry’s dnata, said: “Safety continues to be at the heart of everything we do. The achievement of the ISAGO accreditation demonstrates our team’s commitment and ability to consistently deliver excellence in safety. I thank my colleagues for their hard work and dedication.”

Gerry’s dnata has also successfully renewed its ISAGO Registration in Karachi (KHI). In 2019, Gerry’s dnata became the first ground services provider to be awarded the prestigious ISAGO Registration in Pakistan.

ISAGO is an audit program for ground-handling companies serving airlines at airports covering the areas of organization and management, load control, passenger and baggage handling, aircraft handling and loading and aircraft ground movement. It offers benefits to airlines, ground handlers, regulatory as well as airport authorities. These include safer ground operations, fewer accidents and injuries, elimination of redundant audits, reduced costs, less damage and fewer audits, a uniform audit process and harmonized standards, improved safety oversight, harmonized auditor training and qualifications, improved quality standards, and enhanced understanding of high-risk areas within ground operations.

In recent years, Gerry’s dnata has significantly enhanced its operations and services to deliver the highest level of quality and safety and help airline customers safely transport passengers and precious cargo to and from Pakistan. It made significant investments in infrastructure, technology and equipment, including the opening of a new, state-of-the-art cargo facility in Lahore which doubled the company’s cargo handling capacity at the airport.

In addition, Gerry’s dnata obtained Maintenance Organization Approval from the Pakistan Civil Aviation Authority to provide aircraft line maintenance services to airline customers, and now offers a one-stop-shop of ground handling, cargo and technical services at the airports of Karachi, Lahore, and Islamabad.

Gerry’s dnata serves more than 20 airline customers at seven Pakistani airports. The company’s team consists of over 2,500 dedicated aviation professionals who assist more than seven million passengers and handle 150,000 tons of cargo annually.

Pakistan’s IT company NdcTech showcased at one of the largest global banking events held in Excel London

Karachi / London: NdcTech, Pakistan’s leading IT and consulting company was invited to showcase its offerings as a Silver Sponsor at the Temenos Community Forum 2022, one of the most prestigious banking technology events held recently at the world’s financial city, London, UK. Ammara Masood, CEO and President of NdcTech and Asif Peer, CEO Systems Ltd were present at this international forum, alongside other key management

The event not only brought together banking professionals from across the globe, but also provided a huge opportunity to IT Service providers and Fintechs to showcase their offerings. Various Banks showed interest in the offerings, innovations and product demonstrations of NdcTech, which also proved the capabilities of Pakistan’s IT sector.

The event was a hub for connectivity and innovation for Banks, Fintechs, Service Providers where the recent trends and evolving business models in banking were discussed. Banking as a Service (BaaS), Software as a Service, Banking as a platform, embedded finance, and cloud banking were few of the key themes discussed throughout the event.

Temenos also revealed their star of the show “Temenos CEO Navigator”, an industry-leading customer advisory service backed by data from over 100 banks, that will provide powerful business insights to clients. Temenos unveiled its new brand logo and identity during the conference. Their new vision is to be a Banking platform for everyone while combining the power of technology with a human touch.

Speaking with Fintech Finance, Ammara Masood, CEO, NdcTech highlighted the evolution of global business models in banking, including digital banks, Fintechs working as Electronic Money Institutions, and traditional banks with digital innovative services. She further mentioned that “All these institutions need a partner like NdcTech who can meet their evolving requirements, bring innovations, and provide platform capabilities relevant to their model”

Pak-Qatar Family Takaful (PQFTL) Signed MOU with Sehat Kahani

Karachi, June 21, 2022: Pak-Qatar Family Takaful Limited (PQFTL) came into an MOU with Sehat Kahani, to promote Takaful products through the digital medium. Sehat Kahani and PQFTL aim to make Takaful products, affordable, and accessible for the major part of the population currently not being served.

Mr. Azeem Iqbal Pirani (CEO, PQFTL), Dr. Sara Saeed Khurram (CEO, Sehat Kahani), Mr. Zeeshan Haider (Head of Alternate distribution & Banca Takaful) and Dr. Iffat Zafar (COO, Sehat Kahani) signed the MOU along with senior officials of both companies.

On the occasion, Mr. Azeem Iqbal Pirani (CEO, PQFTL) said “We are delighted to sign MOU with Sehat Kahani as this will benefit customers from choosing quality healthcare services for the low-income population of Pakistan. The world is moving towards digital medium and partnership with Sehat Kahani will further enhance our reach and help us spread awareness about Takaful products.”

Dr. Sara Saeed Khurram (CEO, Sehat Kahani) said, “Sehat Kahani’s mobile and web-based application is a holistic digital health solution that enables individuals to access primary and secondary healthcare services online without the hassle of waiting for long hours at a physical healthcare facility. That’s why we are one-stop solution for all your health problems.” She further said Pak-Qatar Takaful is the leading Takaful coverage provider in Pakistan and a trustworthy name for settling claims against losses. We are glad that our customers will be able to avail Takaful coverage on real-time basis. I am quite hopeful that this new strategic partnership will bring fruitful results in the near future.

Pakistan High Tech Companies vow to strengthen national defense

Karachi: “Pakistan High tech sector is committed to upholding the highest level of defense preparedness”, was stated by Dr. Haroon Qureshi, President of Pakistan Aerospace Council in his speech at a dinner hosted in honour of Air Marshal Shahid Hamid (Retd) and Air Marshal Arshad Malik (Retd) for their lifetime achievements and services to Pakistan Aerospace & Defence Sector.

Air Marshal Muhammad Mughees Afzal, Chairman Pakistan Aeronautical Complex, Air Marshal Ahmed Hassan Marwat, Deputy Chief of the Air Staff (Engineering) and Executives from 25 member companies of Pakistan Aerospace Council also attended the event.

Mr. Imtiaz Rastgar, Convener PAeC in his welcome speech, paid rich tributes to Air Marshal Shahid Hamid (Retd) and Air Marshal Arshad Malik (Retd) for their life time achievements and services rendered to Pakistan and Pakistan Aerospace & Defence Sector. He pointed out that collaboration between Pakistan Aerospace & Defence Sector and the private tech industry could lead to indigenization and save a huge amount of foreign reserves.

Dr. Haroon Javed Qureshi, President PAeC in his speech highlighted the depth, potential, know-how, skills and manufacturing capabilities of PAeC member High Tech companies. Expressing PAeCs gratitude for the two national heroes, he said, we need more Shahid Hamids and Arshad Maliks for a potent and self-reliant Pakistan.

Executives of PAeC member companies comingled with the former and current PAF leadership and discussed with them the potential, manufacturing capabilities and processes their companies possess.

The current and former PAF leadership was impressed to learn about the manufacturing skills of PAeC member companies and reiterated that their skills and services could be further utilized to meet the challenges faced by Pakistan Aerospace & Defence Sector. Chairman Pakistan Aeronautical Complex invited PAeC member companies to visit PAC, Kamra for further collaboration. Mr Imtiaz Rastgar suggested having a joint seminar, in this regard, at Islamabad in near future.

Exit mobile version