Day: June 7, 2022

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PCAA refutes news about British Airways flights suspension due to fuel non-availability

KARACHI: Pakistan Civil Aviation Authority (PCAA) Tuesday clarified that news circulating in media regarding suspension of British Airways flights due to non-availability of fuel at Islamabad International Airport is incorrect.

According to Pakistan Civil Aviation Authority information, Station Manager of British Airways at Islamabad Airport telephonically informed the Airport Manager PCAA Islamabad that flights to Islamabad will continue to operate till 15th June.

However, due to operational reasons, British Airways has suspended the flights to Islamabad from 15th to 30th June 2022. The suspension of flights is only due to operational reasons of British Airways.

In addition, PCAA has also taken report from supplier of aviation fuel at Islamabad Airport who confirmed that there is no shortage of fuel and storage tanks are full of product. British Airways will soon issue a clarification in this regard. Local management of British Airways at Islamabad is in coordination with Airport Manager PCAA Islamabad.

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Sindh govt shows willingness to delay LB polls

KARACHI: The Sindh government on Tuesday expressed its willingness to the Sindh High Court (SHC) to delay the local bodies’ (LB) elections in the Sindh province.

During the hearing of the petition filed by Muttahida Qaumi Movement-Pakistan (MQM-P) Convener Khalid Maqbool Siddiqui for legislation in order to empower the local governments, the provincial government in its reply said that if the polls were held on time, the legislation as demanded by the MQM-P would not be possible.

“Similarly, the demarcations of constituencies will also not be possible,” Sindh government’s counsel said. The court, on the occasion, directed counsel for the MQM-P to submit reply to the minutes of select committee meeting. Later, the SHC adjourned hearing of the case until June 20, 2022.

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PM approves provision of discovered natural gas to people

ISLAMABAD: Prime Minister Shehbaz Sharif has approved provision of natural gas discovered from former tribal areas, to the people immediately.

During a meeting here on today, the Prime Minister was briefed about the gas reserves discovered form North Waziristan and Bannu. He directed to utilize these gas reserves to get rid people of its shortage.

The Prime Minister was also briefed about overall situation of the gas sector and demand and supply of gas in the country. Minister of State for Petroleum Senator Dr Musadik Malik and Secretary Petroleum Division were also present in the meeting.

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Board Meeting other than Financial Result of Habib Sugar Mills Limited

Karachi, Habib Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on June 08, 2022 at Karachi to consider the matters other than financial results.

Further, the company has declared the closed period from June 07, 2022 to June 08, 2022.

Habib Sugar Mills Limited is a public limited company incorporated in Pakistan. The Company is engaged in the manufacturing and marketing of refined sugar, ethanol, liquidities carbon dioxide (CO2), household textiles, providing bulk storage facilities and trading of commodities.

Established in 1962, the company produces 18,000 tonnes of liquified CO2. HSM also maintains bulk terminals at the port for commodity storage as well as for import and export purposes.

The total numbers of shares are 150,000,000. The Earnings per share is 4.63 in 2020 which was 8.02 in 2019.The Profit after Taxation is 694,295,000 in 2020 which was 1,202,276,000 in 2019.

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Zoom Hires Greg Tomb as President

SAN JOSE, Calif., June 06, 2022 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that Greg Tomb will join the company as President effective June 7, 2022. Tomb brings more than 20 years of experience and comes to Zoom from Google Cloud, where he was most recently Vice President of Sales, Google Workspace, SMB, Data & Analytics, Geo Enterprises, and Security Sales.

Reporting directly to Zoom founder and CEO Eric S. Yuan, Tomb will oversee the company’s go-to-market strategy, revenue efforts, and office of the Global CIO. Tomb will help shape Zoom’s next chapter as the company continues transforming into a multi-product platform that enables communication, hybrid work, and an expanding number of business workflows.

Mr. Yuan said, “I am so excited to welcome Greg to the Zoom team. Greg is a highly-respected technology industry leader and has deep experience in helping to scale companies at critical junctures. His strategic thinking, can-do attitude, and value of care he brings to customers make him the perfect addition to our strong leadership team.”

Mr. Tomb said, “I’m thrilled to join forces with Eric and the Zoom team to help drive growth. I strongly believe that Zoom has an impressive foundation with its multi-product platform, and I look forward to the tremendous opportunities ahead to help businesses around the world address their communications and collaboration needs.”

About Greg Tomb

Greg oversees Zoom’s go-to-market strategy, revenue efforts, and office of the Global CIO. Most recently he was Vice President of Sales, Google Workspace, SMB, Data & Analytics, Geo Enterprises, and Security Sales at Google Cloud. Before Google, Greg was the President of Sales and GTM for SAP’s cloud offerings, including Intelligent Spend, SuccessFactors, Customer Experience, Digital Supply Chain, Concur, as well as SAP Business Technology Platform. Prior to SAP, Greg served as CEO of Vivido Labs Inc. and has held management positions at Accenture Consulting and Comergent Technologies Inc. He is also on the Board of Directors of Pure Storage Corporation.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, 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.

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Colleen Rodriguez
Head of Global PR
press@zoom.us

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Tom McCallum
Head of Investor Relations
ir@zoom.us