Oct 18, 1999
2nd ARY Bullionaire Draw
Held in Lahore
The second draw of the ARY Bullionaire Contest was fcently held in
Lahore. This is the first time that a draw of the ARY Bullionaire Contest has been held
outside Dubai. A total of twenty lucky winners were picked, who will each receive a
100-gram ARY gold bar. The event also included a live entertainment program which was
broadcast live by PTV.
The lucky winners were picked by the chief guest, parliamentarian
Ejazul Haq, and the draw was supervised by Mr. Qadhi Murooshid, a representative of the
Economic Department of Dubai, with which the ARY Bullionaire scheme has been registered.
It may be noted here that for the first time in its history, the Economic Department of
Dubai has allowed a scheme registered in Dubai, to conduct its draw outside Dubai.
"This illustrates the trust that the Economic Department of Dubai
has in ARY Jewelers that they have allowed us to hold the draw outside Dubai", said
Mr. Muhammad Iqbal, Director, ARY Jewellers," I would also like to congratulate the
lucky winners of the 2nd ARY Bullionaire Draw. We are very satisfied by the positive
response received by the Bullionaire Contest in Pakistan and expect it to grow manifold in
the future", he further added.
The show was compered by the multifaceted Fakhre Alarm ably supported
by a star studded lineup of entertainers and film personalities which included Nirma,
Hadiqa Kiyani, Arif Lohar and Rahat Fateh Ali.
Amongst the twenty lucky winners worldwide were six Pakistanis - two
each from Karachi and Lahore, and one each from Multan and Faisalabad. They each won the
prize of a 100 grams of gold.
The ARY Bullionaire Contest which was recently launched in Pakistan,
entitles customers who shop at any of the participating Privileged Outlets", to a
lucky coupon for any ARY product or every Rs. 5000 worth of jewellery, that they buy.
These coupons are then eligible for a lucky draw held each month. In each draw, holders of
the twenty lucky coupons are given a prize of 100 grams of gold each. These monthly draws
will be followed by a grand draw at the end of this four-month long event. The winner of
the ARY Bullionaire Grand Draw will receive a bumper prize of 20 kg of gold.
Furthermore, ten special prizes have also been reserved for the
participating "Privileged Outlets". These prizes will be given to the jewelers
with the highest sales. The first prize is 1kg of gold, the second prize is 500 grams of
gold, while the remaining eight prizes are of 250 grams of gold each.
ARY Jewellers is a Dubai-based jewellery organisation, and has launched
a number of innovative gold products such as the immensely popular ARY Rainbow Hearts and
the ARY Rainbow Millenium throughout the world.
GSM Close to 250 Million Customer Mark
GSM (Global System for Mobile Communications), the definitive worldwide
standard for wireless communication systems is all set to achieve the 250 million customer
This was stated by Michael Stocks, Chairman, GSM Association. The GSM
Association represents the interests of 384 GSM, satellite and 3G network operators, key
manufacturers and suppliers to the GSM industry, and regulatory and administrative bodies
from 141 countries and regions around the world.
The GSM industry is one of the fastest growing industries of the
current decade and has so far surpassed all expectations. Last year it generated more than
USD 100 billion in customer revenues alone. It is predicted that at current levels, the
GSM customer base will soar to between 700 million to 1 billion by the year 2005.
"GSM has demonstrated a phenomenal growth potential that has
outstripped even the most optimistic of expectations", says Stocks. ft has been an
unparalleled success and continues to astonish us with its meteoric growth. Each month
almost eight million people sign up to GSM networks across five continents of the
GSM which was the first mobile specification to offer data transmission
capability, is about to revolutionize communication technology. Until now voice trafffic
dominated GSM, but the phenomenal growth in data transmission points towards a shift in
GSM usage and the convergence of voice and data transmission. It is estimated that by
2004, between 20 to 50 percent of all GSM traffic will be data.
Furthermore, it is predicted that the next generation of GSM technology
will signal a quantum leap in communications technology by offering visual as well as
"Mobilink, the exclusive provider of GSM digital mobile phone
service in Pakistan has seen exceptional growth since its inception," said David
Smith, Executive Marketing Director, Mobilink GSM. "We are very excited to be part of
the GSM technology and aim to consistently serve our customers better by providing them
the latest value added services and cutting edge technology".
Mobilink GSM, Pakistan's leading cellular phone company and the only
GSM operator in Pakistan is also a member of the GSM Association. It is a joint venture of
Motorola International Development Corporation, International Wireless Communication Ud.
(IWC) and Saif Telecom (Pvt.) Ltd.
Bahria Institute of management and Computer Sciences
The Bahria Institute of Management and Computer Sciences Karachi,
recently arranged a Seminar on "The Role & Importance Of l.T. Education For
Development Of Business Professionals And National Economy" at its Premises at The
Bahria College. The seminar was arranged by the Management Society of the Institute; Dr.
Irfan Hyder of IBA, Dr. Zubair Shaikh of KIIT, Mr. Wajahat Kazmi and Mr. Jameel Qureishi
were amongst the prominent speakers at the seminar. The speakers spoke on the aspects of
Macroeconomic Effects of l.T. Oriented Business Community, End-user Computing / The
Macro-Economic benefits of l.T. education for Business Professionals, Frontiers Of
Information Technology For The Development Of Future Business Professionals and National
Economy, and Pakistan's Business Education Environment -Requirement of l.T. Awareness. The
speakers highlighted the fact that with the current trend of young and devoted
entrepreneurs leading the way in the world IT economy, business professional in Pakistan
need to adapt to the dynamics of this field to come in the mainstream.
The target that the nation plans to set for itself for various economic
and development indicators can not only be met, but we can do even better. With the
positive attitude, a focus toward success and with the right mix of resources, Pakistan
can still claim a decent position in the world IT economy. The initiative has to come from
the young professionals & businessmen.
They further identified that the turn of this millenium will mark the
end of Information Technology (IT) transition revolution. The start of next millenium will
begin the Information Age. Just like past revolutions and eras, Information Technology
will bring the change in the way we act, live and survive. There are various frontiers of
IT, which if properly visualized, planned and implemented can bring revolutionary changes
in the economic growth of any country. We are already witnessing the growth of Internet
based businesses, which mark, more than 60% in the Fortune 500 companies. The new
frontiers are of Internet, Cyberspace, E-Business, Multimedia, Internet Telephony, Video
Conferencing and Web based societies and cultures.
At the end of the Seminar the students asked questions on aspects such
as; Are the business professionals ready for it? Is our country ready to meet the
challenges of next millenium when the actual IT Age will start? Are the Academic
Institutes and Industry ready to address the issue of technology implementation? Is
country like Pakistan prepared to meet the IT legislation's, coming in the form of WTO
I.A.P. ELECTIONS FOR
The Central Committee of the Insurance Association of Pakistan at its
Meeting held on September 30, 1999, at Karachi, unanimously elected Mr. Zafar Iqbal Sheikh
as Chairman and Mr. Basit Hassan Syed as Vice-Chairman.
The other Members of the Central Committee and Sectional Committee are
as follows :
1. Mr. Zafar Iqbal Sheikh, Chairman.
2. Mr. Basit Hassan
3. Mr. Mohammad Rafiq
4. Mr. Fazal Rehman,
5. Mr. Mohammed Rahat
6. Ch. Zahoor Ahmad,
7. Mr. Saifuddin N.
8. Mr. A.U. Siddiqui,
9. Dr. Mumtaz A. Hashmi,
10. Mr. Ahmed
11. Mr. Abdur Rahim.
ACCIDENT SECTIONAL COMMITTEE:
1. Mr. A. Razzak Polani, Chairman.
2. Mr. Iqbal Siddiqui, Vice-Chairman.
3. Capt. Azhar Ehtesham Ahmed,
4. Mr. Amin H. Yacoob,
5. Mr. Afzalur Rehman,
6. Wg.Cdr.(Retd.) Ishtiaq Ahmed,
7. Mr. M. Iftekhar Ahmed.
FIRE SECTIONAL COMMITTEE.
1. Mr. Salim Rafik
2. Mr. Mohammed
3. Mr. Saleem Merchant,
4. Mr. S.V.A. Durbari,
5. Mr. Mirza Ashfaq Ali.
6. Mr. T.L. Fernandez,
7. Mr. Zaheer Ahmed
MARINE SECTIONAL COMMITTEE.
1. Mr. Afaq Ahmed, Chairman.
2. Mr. Viquar Siddiqui, Vice-Chairman.
3. Mr. S. Zahid Ali
4. Mr. Mohammed Asif
5. Capt. Saleem Ahmed,
6. Mr. Amin Bawany,
7. Miss. Yasmin Sadiq.
LAHORE REGIONAL COMMITTEE.
1. Mr. Khalid Rashid, Chairman.
2. Mr. Sh. Abdul Qayyum, Vice-Chairman.
3. Mr. F.A. Jaffery,
4. Ch. Athar Zahoor,
5. Mr. M.H. Derbari,
6. Mr. Shahbaz H. Agha,
7. Mr. Shahzad Hafeez.
ABN Amro Bank's New Building in Lahore
ABN AMRO Bank's new office building in the city of Lahore, was
inaugurated recently. Mr. Sergio Rial, CEO, ABN AMRO, Asia Pacific and Mr. Muhammad
Aurangzeb, Country Manager, ABN AMRO Bank Pakistan was present at the occasion.
This state of the art building located on the Upper Mall, offers ABN
AMRO Bank's entire range of products and services. The new premises, equipped with ATM's,
along with a 24 hour banking centre and lockers, represents ABN AMRO Bank's strong
commitment to the growth of its banking franchise in the country. From Corporate and
Consumer Banking, to Investment Banking and Structured Finance, these new premises offer
all financial services undr one roof.
ITS education Campus
ITS Education Campus is affiliated with ITS (Information Technology
& Systems) Pvt. Ltd., a very highly reputed Pakistani company in the field of
information technology and providing turn key solutions plus connectivity and
communication to corporate customers including multinational companies, pharmaceuticals,
renowned banks and financial institutions, various well known organizations and well
established corporations. And the slogan of ITS is "Build a better Pakistan".
ITS Education Campus is the need of the time and as a step towards progress the computer
education programme is launched.
The location of ITS Education Campus is extremely ideal and it is in
the centre/prime location of Karachi. Kashmir Road is a well known to all Karachiites and
easy for approach, one can reach very easily and the road is served by a regular bus route
connecting to all prominent towns of Karachi.
ITS Education Campus focuses on four very strong segments:
b) Students and
c) Senior Citizens &
d) Corporate Sector
Their mission is: "Progress through Technology" and they are
concentrating right at the grass route level by offering basic computer courses to their
focused segments. They are not here to mint money they want our people to learn and they
must earn better living and make their future bright and contribute towards progress of
Upon completion of each course, ITS Education Campus will issue
certificates to successful candidates. Anybody who wishes to enroll please contact ITS on
phone 4314073 or visit personally at 54P, Block 2, P. E. C. H S., Kashmir Road, Karachi.
ITS Education Campus is formally inaugurated on 27th September, 1999.
Governor of Sindh Mr. Mamnoon Hussain was invited but to certain pressing requirements
subsequently emerged the Governor Sindh was not able to attend the above event.
However, Mr. Abdul Ghaffar E.V.P Muslim Commercial Bank
inaugurated and the ceremony was well attended by IT Industry Top Managers including
Multinationals, Banking Sector high officials and a large number of people from the
IBA International Conference on E-Commerce
"The dawn of the new millennium is just round the corner and new
ways of doing business are already emerging throughout the world". That is how the
vision statement of IBA International Conference on Electronic Commerce begins. It goes on
to say, "As new markets for goods and services are discovered, the need for a
revolutionary strategy for exploiting their potential would be more pressing than ever
The technology revolution that began in mid 80's has forced business
managers to rethink the manner in which they run their organizations. The phenomenal
growth of the IT industry around the world is largely due to its ability to provide
efficient solutions to businesses operating in different environments. The structure of
all these advancements are erected but on a single foundation electronic commerce.
The conference, endorsed and supported by the Vision 2010, Government
of Pakistan, is part of IBA's effort to develop business and society by addressing major
national and international issues through research, seminars and conferences. It attempts
to identify such factors as tax and legal implications of e-commerce, management and
marketing of e-businesses, electronic banking and financial services, security and ethical
issues of e-commerce and the infrastructure required for its implementation.
The objective of this conference is to assist government and business
organizations in exploring the opportunities offered by e-commerce by highlighting the
growth of e-commerce and its global effects. The conference will help in preparing
developing countries like Pakistan for the challenges posed by the growth of e-commerce.
Three thousand invitations are being mailed to stockholders from
business, government and professional organizations. Considering the great potential of
e-commerce, the call for papers has already generated great interest among professionals
and managers. Prominent local and international experts and executive-decision makers
belonging to idles such as economics information technology, low, government, finance, and
international trade from public and private sector have been invited as paper presenters,
chairpersons and panelists. The two-day conference has been divided into nine sessions, of
which, four will be held on the first day while the remaining five, on the second day.
Led by the faculty members of Center for Computer Studies at IBA, the
students of the Business and Information Technology Business Club are putting in the best
of their efforts in making this event a big success. The details about the conference can
be found at IBA web-site:www.iba.edu.
On November 23-24, 1999, the commitment of the organizers is expected
to pay off in a big way. Lets keep our fingers crossed!