Symmetry Group Limited is pleased to announce the appointment of Ms. Nadia Ishtiaq as a Director on their Board of Directors. Ms. Ishtiaq is a seasoned Investment and Corporate Banker with expertise in Equity and Advisory, Debt Capital Markets and Syndications, and Project Finance. She currently is serving at Pak Oman Investment Company Ltd. as Head of Investment Banking and Private Equity. Throughout her distinguished career, Ms. Ishtiaq has demonstrated exceptional leadership and expertise. She has spearheaded numerous high-profile and landmark transactions for a range of clients, including corporations, SMEs/startups, and the Government of Pakistan. Her extensive experience and proven track record make her a valuable addition to our Board. 'We are thrilled to welcome Ms. Ishtiaq to our Board of Directors,' said Sarocsh Ahmed, Co-CEO and Co-Founder of Symmetry Group Limited. 'Her extensive background in investment and corporate banking, coupled with her remarkable achievements, will undoubtedly contribute to our strategic objectives and strengthen our leadership team,' he added. Nadia said: 'I am pleased to join the esteemed Board of Symmetry Group Ltd. It is a pleasure to be part of such a highly innovative and forward-looking team. I look forward to contributing to the strategic direction and growth of the company, with the aim to leverage my experience to facilitate Symmetry Group to achieve its goals.' Ms. Ishtiaq's addition to the Board underscores Symmetry Group's dedication to enhancing its governance framework and driving long-term value for its stakeholders. Source: Pro Pakistani
UAE Launches New 10-Year Blue Residency Visa
The UAE cabinet has announced a 10-year Blue Residency visa for individuals who have made exceptional contributions to protecting the environment. Those involved in the circular economy and related fields are also eligible. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the initiative during a Cabinet meeting at Qasar Al Watan in Abu Dhabi on Wednesday. 'In alignment with national directives to designate 2024 as the Year of Sustainability, we introduced the 'Blue Residency,' a 10-year visa granted to individuals who have made extraordinary contributions to environmental protection. This includes work in marine life, land-based ecosystems, air quality, sustainability technologies, the circular economy, or related fields. The sustainability of our economy is linked to the sustainability of our environment,' Sheikh Mohammed stated. Blue Residency: Eligibility Criteria The Blue Residency visa will be awarded to: Members of intern ational organizations International company members Association and NGO members Global award winners Distinguished activists and researchers in environmental work Interested individuals can apply through the Federal Authority for Identity, Citizenship, Customs, and Port Security, or via nominations by competent authorities. The UAE also offers 10-year Golden Visas to investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian pioneers, and frontline heroes. Summary of Cabinet Decisions Approval of the National Youth Agenda 2031 Approval of the national framework for higher education institution classification Regulation of marketing calls (cold calling) in the UAE Review of achievements in the UAE space sector Establishment of the Supreme Committee for Combating Commercial Fraud and the National Committee of Statistics Restructuring the UAE Council for Artificial Intelligence and Digital Transactions and the UAE Sustainable Aviation Fuel Committee Approval of guidelines for generative artificial intelligence use in the UAE government and creation of a CEO role for AI Ratification of an investment agreement with India Approval of a comprehensive economic partnership agreement with Korea The Blue Residency is not just a visa; it's a symbol of recognition for those who tirelessly work towards a greener, more sustainable future. With this bold step, the UAE reaffirms its commitment to environmental stewardship and sets an inspiring example for the world to follow. Source: Pro Pakistani
Fly Jinnah Announces Flights to Another Country
Pakistan's low-cost carrier, Fly Jinnah has announced a new non-stop route between Islamabad and Bahrain. The service will commence on June 13. The new route will initially offer two weekly flights, enhancing travel connectivity between Pakistan and Bahrain. This expansion comes as part of Fly Jinnah's strategy to broaden its international reach and provide more travel options to its customers. A spokesperson for Fly Jinnah expressed enthusiasm about the new route: 'Following the successful launch of international flights connecting Islamabad and Lahore to Sharjah, Fly Jinnah is proud to mark another milestone with the introduction of our fourth international route.' The spokesperson added, 'This expansion aligns with our commitment to providing our customers with new options for affordable and value-driven air travel, both domestically and internationally.' Fly Jinnah operates a modern fleet of five Airbus A320 aircraft. These aircraft are well-equipped to provide comfortable and efficient service, ensuri ng a pleasant travel experience for passengers. The airline currently serves major cities across Pakistan, including Karachi, Lahore, Islamabad, Peshawar, and Quetta. The addition of the Islamabad-Bahrain route complements Fly Jinnah's existing international destinations, which include a successful route to Sharjah, UAE. This latest route underscores the airline's efforts to expand its international footprint and provide more choices to travelers looking for affordable and reliable air travel options. Fly Jinnah's new route is part of a broader commitment to offer value-driven air travel. By expanding its network, the airline aims to cater to the growing demand for affordable international travel options. Source: Pro Pakistani