Day: October 11, 2021

Zoom Celebrates its Sixth Consecutive Year in the Leaders Quadrant

SAN JOSE, Calif., Oct. 11, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced that analyst firm Gartner has named Zoom a Leader in the 2021 Magic Quadrant for Meeting Solutions. This is the seventh time Zoom has appeared in the Gartner Magic Quadrant for Meeting Solutions and its sixth consecutive time as a Leader.

For the Meeting Solutions Magic Quadrant, Gartner analyzed 15 companies in the Meeting Solutions space, naming Zoom as a Leader. Zoom is the highest-scoring vendor across three use cases in this year’s Critical Capabilities for Meeting Solutions: Learning and Training, External Presentation, and Webinar.

“We are honored that Gartner has named Zoom a Leader in the Magic Quadrant for Meeting Solutions,” said Eric S. Yuan, CEO of Zoom. “Zoom simplifies and elevates communications for every business, from the single entrepreneur to the world’s largest enterprises, and we are humbled that so many organizations trust our frictionless, reliable, and secure platform. Zoom will continue to innovate our platform to meet emerging collaboration demands and further deliver customer happiness.”

To read a complimentary copy of the 2021 Gartner Magic Quadrant for Meeting Solutions report, please visit zoom.us/gartner.

Disclaimer

Gartner, Magic Quadrant for Meeting Solutions, Mike Fasciani, Tom Eagle, Brian Doherty, Christopher Trueman, 7 October 2021 – For Magic Quadrant

Gartner, Critical Capabilities for Meeting Solutions, Tom Eagle, Mike Fasciani, Brian Doherty, Christopher Trueman, 7 October 2021 – For Critical Capabilities report.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner Peer Insights reviews constitute the subjective opinions of individual end-users based on their own experiences, and do not represent the views of Gartner or its affiliates.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

About Zoom
Zoom is for you. We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Zoom Press Relations:
Beth McLaughlin
PR Specialist
press@zoom.us

Islamabad, October 11, 2021 (PPI-OT): REDRETAIL, a venture of REDtone Group, has recently signed an agreement to enable mobile payment services at retail stores across Pakistan in partnership with Telenor Pakistan. Under the agreement, REDRETAIL will now offer mobile top-up integration with additional value-added features at Kiryana stores.

Pakistan’s retail and financial industry have grown by leaps and bounds during the pandemic. Through this collaboration, consumers will have the ease to make mobile top-up related payments at their neighbourhood stores. This initiative is in line with the company’s aim of providing next-generation financial services at Kiryana stores.

Sharing her views on the agreement, Mahnoor Nadeem, Vice President, REDtone Group, said, “REDRETAIL is on a mission to digitize the retail landscape and offer financial inclusion and digital services to communities across Pakistan.”

“With over a million retail/kiryana stores across almost every corner of Pakistan; augmenting these existing channels and turning them into financial and telecommunication services hubs is how we can evolve and leapfrog as an enabled economy. We are excited to be working with Telenor Pakistan on this front,” she added.

This agreement with Telenor Pakistan is a testament that REDRETAIL’s collaboration with a leading telecom and digital services provider of Pakistan will ensure top quality and seamless services via REDRETAIL’s product offerings. Recently the government has taken up several initiatives towards financial inclusion and this looks like a step in the right direction.

For more information, contact:
Corporate Communications Department
Telenor Pakistan
13-K, Moaiz Center, F-7 Markaz,
Islamabad, Pakistan
Tel: +92-51-111-345-700
Fax: +92-51-2651923
Email: press.center@telenor.com.pk
Website: www.telenor.com.pk

Karachi, October 11, 2021 (PPI-OT): The Advisor for Commerce and Investment to the Prime Minister Imran Khan, Abdul Razzak Dawood, visited Careem’s headquarters, Dubai in his visit to the Expo 2020. The Advisor met senior leadership of Careem including Mudassir Sheikha, CEO and Co-founder of Careem, Colin Judd, Senior Director Corporate Affairs, and Fatima Akhtar, Director Government Relations Pakistan.

The meeting comprised an in-depth discussion on how Pakistan has evolved as an investment hub over the last few years. The team at Careem also enlightened the Advisor with their journey of creating a safe, trusted, and reliable mobility ecosystem in Pakistan and the Middle East.

They also shed light on how Careem has played a significant role in fostering and nurturing the tech startups in Pakistan, and positioned itself as the fastest-growing brand in the region by enhancing its value proposition by adding new verticals and becoming a Super App.

Abdul Razzak Dawood, Advisor for Commerce and Investment to the Prime Minister, stated, “Careem is a great example of how Pakistan is a country ripe with potential in so many different sectors, with technology being one of them. It is great to see the impact they have created in Pakistan over the years.”

Mudassir Sheikha, CEO, and Co-founder, Careem, also expressed his gratification by saying, “I am absolutely delighted that the Advisor to Prime Minister has come to our office today and assured us of the commitment of the Government of Pakistan to facilitate technology investment and create jobs in this sector.”

“I believe that at the heart of all this growth is the recognition that technology is a force for good and can be integral in simplifying the lives of people across the globe,” he added. In the past, Careem also invited various notable personalities from both federal and provincial governments to its headquarters to discuss potential opportunities as well as enlightening them on Careem’s journey and initiatives.

The list includes Zulfikar Bukhari, Special Assistant for Overseas Pakistanis and Human Resource Development, and Taimur Khan Jhagra, Provincial Minister of Khyber Pakhtunkhwa for Finance. Transforming into a Super App, Careem offers multiple opportunities as it expands its services from the mobility of people (ride-hailing) to adding mobility of things as well as mobility of money including food, daily essential deliveries, peer-to-peer credit transfer, and mobile top-ups.

For more information, contact:
Careem
Tel: +92-21-111 227 336
Email: go@careem.com
Website: https://www.careem.com/karachi

Lahore, October 11, 2021 (PPI-OT): Uber, the global ride-hailing platform that seamlessly connects riders with drivers, with an aim to encourage digital financial inclusion in Pakistan, is introducing digital payments for its riders and partner drivers, in collaboration with Easypaisa, Pakistan’s leading digital payments platform.

Under this partnership, Uber riders and partner drivers will both be able to pay for their Uber rides and platform fees respectively, using Easypaisa. For this purpose, Uber is adding an in-app feature called ‘Uber Cash’ to the app, that will allow users to add funds to the Uber Cash balance and use them to pay efficiently and safely for their rides.

Riders will be able to top-up their balance with Easypaisa and use it to pay for rides without the need of exchanging physical cash. While currently Uber offers the option of making payments via cash and Debit/Credit cards, this new facility of cashless transactions opens its gates to almost 10 million Easypaisa App users.

Uber Cash not only minimizes the risk of fraudulent transactions, but it also adds value to Uber’s global safety campaign, aimed to curb the risk of Covid-19 infections by limiting unnecessary physical contact. Shahid Khan, Country Head at Uber Pakistan, stated, “At Uber, we are committed to our communities and continue to utilize our state-of-the-art technology to bring innovative features to our platform, and recognize the convenience that digital transactions offer for quick, safe, seamless, and hygienic payments.”

“We are hopeful that this collaboration with Easypaisa would help remove hesitation barriers for online payments and enable a larger segment of the market to adopt digital financial service options in a digitally progressive era,” he added.

Commenting on the partnership, M. Mudassar Aqil, CEO Easypaisa/Telenor Microfinance Bank, said, “Pakistan is a digitally evolving economy. Through the power of collaboration and technology, various sectors have the potential to show exceptional development and partnerships are crucial in helping this initiative grow further.”

“Easypaisa is playing its part in building an innovative, digital ecosystem where cash can be eliminated from the daily lifecycles of individuals and businesses alike. This relationship with Uber marks another milestone in our journey to provide convenient, secure, and seamless digital financial services to all Pakistanis,” he further stated.

This strategic initiative is aimed towards bringing digital financial inclusion across Uber’s business operations and drive digitization in Pakistan. Earlier this year, Uber also partnered up with Mastercard in a similar move to provide its riders with free rides to and from vaccination centres.

Here is how Uber Cash works:

1. Open the Uber app on your phone

2. Go to ‘Wallet or Uber Cash’ in the app menu and tap on Add Funds to your Uber Cash balance

3. Select One-time purchase or Auto-refill as per your preference

4. Select your preferred payment method and the amount you want to top up

5. While requesting a ride, change your payment method at the bottom to Uber Cash

For more information, contact:
Uber
Email: support.lahore@uber.com
Website: www.uber.com/lahore

Lahore, October 11, 2021 (PPI-OT): Zameen.com – Pakistan’s largest property enterprise – recently acquired the sales and marketing rights for a vertical real estate project on Raiwind Road – Lahore, called J Mall. In this regard, a signing ceremony was held at Zameen.com’s head office featuring Zameen’s Senior Director Laeeque Chaudhry, Zameen Project Sales Directors Basil Hafeez, Hafiz Usman Sarwar, and Ali Rehan, and Unit Head Project Acquisitions and JVs Mohsin Gulzar.

Also present on the occasion was J Mall’s Chairman Mian Jahangir, along with other senior members of his team. Located in the prime locale of Main Raiwind Road near Thokar Niaz Baig, J Mall has been approved by the LDA and will feature luxury apartments offering international standard facilities and an extravagant lifestyle to the city’s residents.

Moreover, the project is located only 2 minutes away from the M2 Motorway and 5 minutes away from the Ring Road, while it also features a smart security system, dedicated parking, and a roof-top terrace. In this regard, Zameen Senior Director Sales Laeeque Chaudhry stated that the project’s luxury apartments would make a unique addition to the city’s property market due to their incredible facilities and state-of-the-art architecture and design.

He further said that the introduction of such projects would fuel the demand for apartment culture in Lahore and would prove to be beneficial for the real estate industry in the long term. J Mall’s Chairman Mian Jahangir revealed that the project is situated at a prime location on Main Raiwind Road, only a short walking distance away from the Orange Line Train Station, and that its development is 80% complete, with the project currently in its final stage of construction.

He further said that not only will the project’s luxury apartments offer residents all the latest international standard facilities, but its central location in the heart of Lahore would also provide them with close proximity to the major landmarks in the city.

For more information, contact:
Head Office,
Zameen.com
Pearl One, 94-B/I, MM Alam Road,
Gulberg III, Lahore, Pakistan
UAN: 0800-ZAMEEN (92633)
Tel: +92-42-3256-0445
Email: shaista@zameen.com
Website: https://www.zameen.com/

Karachi, October 11, 2021 (PPI-OT): NCCPL is the only licensed clearing house in Pakistan which acts as Central Counter Party in respect of all trades and transaction carried out at PSX. NCCPL as part of its continuous endeavour to facilitate market participants, rationalize cost of services, implement prudent risk management measures and to promote ease of doing business, has substantially reduced the security deposit requirement prescribed for the CIS admitted as Non-Broker Clearing Members “NBCMs”.

NCCPL has introduced a progressive security deposit requirement linked with the assets under management of CIS this measure will lead to reduction in security deposits ranging from 40% to 60% for various CIS admitted by NCCPL as NBCM. This reduction will encourage CIS to apply for admission as NBCM which will ultimately result in enhancing the capacity of securities brokers to take exposure. Further, it will also reduce the settlement risk by shifting the settlement obligation to the respective NBCM.

We are very thankful to the Mutual Fund Association of Pakistan “MUFAP” for the help and support extended during the process and place on record our gratitude to Securities and Exchange Commission of Pakistan for enabling expeditious implementation of the initiative. NCCPL shall continue to look for every possible opportunity to provide cost effective, operationally efficient and seamless services to facilitate the market participant and promote ease of doing business.

For more information, contact:
Head Office,
National Clearing Company of Pakistan Limited (NCCPL)
8th Floor, Karachi Stock Exchange Building,
Stock Exchange Road, Karachi – 74000, Pakistan
Tel: +92-21-32460811-19
Fax: +92-21-32460827
Email: info@nccpl.com.pk
Website: www.nccpl.com.pk