logo
Hussain Dawood conferred Hilal-i-Imtiaz for philanthropy

Hussain Dawood conferred Hilal-i-Imtiaz for philanthropy

Khaleej Times25-03-2025

Renowned philanthropist Hussain Dawood has been awarded the Hilal-i-Imtiaz, one of Pakistan's highest civilian honours, in recognition of his outstanding contributions to the nation.
A tireless advocate for education reform, Dawood has dedicated himself to transforming learning opportunities at the grassroots level. Aware that science, research, and innovation form the backbone of national progress—fields where Pakistan has historically lagged—he spearheaded the creation of the TDF MagnifiScience Centre. This pioneering initiative aims to make science education accessible and engaging for children and young adults alike.
Dawood's family has a long-standing commitment to educational development. Their efforts include the establishment of the Dawood College of Engineering and Technology (later nationalised and elevated to university status) and Dawood Public School, which has provided high-quality education for girls since the 1980s. In recent years, he was instrumental in founding the Karachi School of Business & Leadership, an institution focused on cultivating character-driven leadership for Pakistan's private and social sectors.
Beyond his philanthropic work, Dawood has played a pivotal role in shaping Pakistan's economic landscape. Under his leadership over the past two decades, Engro Corporation has invested in key sectors such as fertilizers, food, energy, petrochemicals, and telecom infrastructure. These ventures have not only provided employment to thousands but have also contributed significantly to the country's economic growth. Known for his commitment to truth and transparency, Dawood believes that Pakistan's global reputation depends on openly addressing its challenges.
In 2020, he pledged ₹1 billion to support Pakistan's COVID-19 response, directing funds towards relief efforts for underprivileged communities and frontline healthcare workers. It is heartening to see visionary leaders like Hussain Dawood recognised for their unwavering dedication to the nation's development and well-being.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gamers line up for Nintendo Switch 2 on launch day
Gamers line up for Nintendo Switch 2 on launch day

Dubai Eye

time3 hours ago

  • Dubai Eye

Gamers line up for Nintendo Switch 2 on launch day

Gaming fans queued up for the launch of Nintendo's Switch 2 on Thursday amid pent-up demand for the more powerful next-generation gaming device. "The level of demand seems to be sky-high," said Serkan Toto, founder of the Kantan Games consultancy. In the Ikebukuro shopping district of Tokyo, dozens of successful applicants to a sales lottery by electronics retailer Bic Camera lined up before the store opened to collect their devices. "I feel like I'm going to cry," Yumi Ohi, a 30-year-old delivery contractor, told Reuters. Ohi had missed out in other lotteries and had come from Saitama prefecture, adjacent to Tokyo, to receive her Switch 2. Nintendo has sold 152 million Switch home-portable devices since launching in 2017. It became a games juggernaut with titles, including two The Legend of Zelda titles and COVID-19 pandemic breakout hit Animal Crossing: New Horizons. The Switch 2 bears many similarities with its predecessor but offers a larger screen and improved graphics and debuts with titles including Mario Kart World. "The much larger audience of Switch users should translate to stronger adoption in the opening part of its lifecycle," said Piers Harding-Rolls, an analyst at Ampere Analysis. "Nintendo is better prepared this time around" to deal with the high demand, he said. The launch of the $499.99 Switch 2 is a test of Nintendo's supply chain management during US President Donald Trump's trade war. Nintendo last month forecast sales of 15 million Switch 2 units during the current financial year, as well as 4.5 million Switch units. President Shuntaro Furukawa said Nintendo will strengthen production capacity to respond to strong demand and focus on sales promotion in an effort to exceed the forecast. "Given it's a special occasion, I wanted to buy (the Switch 2) right away on its release date," said Shinichi Sekiguchi, a hotel receptionist in his thirties. Nintendo said it received 2.2 million applications for its Switch 2 sales lottery on its My Nintendo Store in Japan. Pre-orders at Target sold out in less than two hours. "You are looking at weeks or months until you can walk into a store and buy a Switch 2," said Toto of Kantan Games. Investor expectations for the new device are similarly lofty. Nintendo's shares, which closed down 2 per cent in Tokyo, have gained 28 per cent this year. Concerns include whether momentum for the Switch 2 will be sustained after hardcore gamers have upgraded. "The volume of first-party games on offer at launch isn't as strong as it could be, so some more casual users may wait and see how the games available build over the next one to two years before making the leap," said Ampere's Harding-Rolls. Ampere forecasts Switch 2 sales to exceed 100 million units in 2030. Mario Kart World has a US sticker price of $79.99, generating debate over the price of games. Nintendo is also attracting third-party titles to the system. "I've been around since the era of the Super Nintendo Entertainment System and games from (that period) were expensive too so I think it's somewhat within the acceptable range," said Akitomo Takahashi, a salesman in his forties.

Gamers line up for Nintendo Switch 2 on launch day
Gamers line up for Nintendo Switch 2 on launch day

ARN News Center

time4 hours ago

  • ARN News Center

Gamers line up for Nintendo Switch 2 on launch day

Gaming fans queued up for the launch of Nintendo's Switch 2 on Thursday amid pent-up demand for the more powerful next-generation gaming device. "The level of demand seems to be sky-high," said Serkan Toto, founder of the Kantan Games consultancy. In the Ikebukuro shopping district of Tokyo, dozens of successful applicants to a sales lottery by electronics retailer Bic Camera lined up before the store opened to collect their devices. "I feel like I'm going to cry," Yumi Ohi, a 30-year-old delivery contractor, told Reuters. Ohi had missed out in other lotteries and had come from Saitama prefecture, adjacent to Tokyo, to receive her Switch 2. Nintendo has sold 152 million Switch home-portable devices since launching in 2017. It became a games juggernaut with titles, including two The Legend of Zelda titles and COVID-19 pandemic breakout hit Animal Crossing: New Horizons. The Switch 2 bears many similarities with its predecessor but offers a larger screen and improved graphics and debuts with titles including Mario Kart World. "The much larger audience of Switch users should translate to stronger adoption in the opening part of its lifecycle," said Piers Harding-Rolls, an analyst at Ampere Analysis. "Nintendo is better prepared this time around" to deal with the high demand, he said. The launch of the $499.99 Switch 2 is a test of Nintendo's supply chain management during US President Donald Trump's trade war. Nintendo last month forecast sales of 15 million Switch 2 units during the current financial year, as well as 4.5 million Switch units. President Shuntaro Furukawa said Nintendo will strengthen production capacity to respond to strong demand and focus on sales promotion in an effort to exceed the forecast. "Given it's a special occasion, I wanted to buy (the Switch 2) right away on its release date," said Shinichi Sekiguchi, a hotel receptionist in his thirties. Nintendo said it received 2.2 million applications for its Switch 2 sales lottery on its My Nintendo Store in Japan. Pre-orders at Target sold out in less than two hours. "You are looking at weeks or months until you can walk into a store and buy a Switch 2," said Toto of Kantan Games. Investor expectations for the new device are similarly lofty. Nintendo's shares, which closed down 2 per cent in Tokyo, have gained 28 per cent this year. Concerns include whether momentum for the Switch 2 will be sustained after hardcore gamers have upgraded. "The volume of first-party games on offer at launch isn't as strong as it could be, so some more casual users may wait and see how the games available build over the next one to two years before making the leap," said Ampere's Harding-Rolls. Ampere forecasts Switch 2 sales to exceed 100 million units in 2030. Mario Kart World has a US sticker price of $79.99, generating debate over the price of games. Nintendo is also attracting third-party titles to the system. "I've been around since the era of the Super Nintendo Entertainment System and games from (that period) were expensive too so I think it's somewhat within the acceptable range," said Akitomo Takahashi, a salesman in his forties.

White Lotus Effect Fails to Revive Thailand Tourism
White Lotus Effect Fails to Revive Thailand Tourism

Arabian Post

time16 hours ago

  • Arabian Post

White Lotus Effect Fails to Revive Thailand Tourism

Thailand's tourism industry continues to grapple with significant challenges despite the temporary surge in visitor interest linked to the popularity of HBO's hit series set on Koh Samui. The so-called 'White Lotus effect' sparked a modest increase in Western tourists drawn by the picturesque island backdrop of the show. However, this spike has failed to reverse the broader downward trend that has gripped the sector, which remains weighed down by a complex mix of economic, geopolitical, and structural factors. Tourism, which historically accounted for approximately 20% of Thailand's GDP, has not rebounded to pre-pandemic levels. The government's ambitious targets for visitor arrivals have consistently fallen short, with numbers lagging due to a combination of diminished demand from key markets, lingering travel restrictions in some regions, and competition from neighbouring countries aggressively courting tourists with attractive packages and incentives. Koh Samui, often portrayed as a tropical paradise in the series, experienced an influx of curious travellers eager to visit the filming locations. Hotels and local businesses reported short-term gains, but these have proven insufficient to restore the overall health of the industry. Analysts note that the White Lotus effect highlights the growing influence of media and entertainment in shaping travel preferences but also underscores the limitations of relying on such ephemeral boosts without broader strategic support. ADVERTISEMENT The pandemic fundamentally altered global travel behaviours, accelerating trends towards more cautious spending and preference for less crowded destinations. Additionally, the economic slowdown and inflationary pressures in Western countries have tightened discretionary budgets for leisure travel, further curbing outbound flows. Thailand, which relies heavily on long-haul visitors from Europe, North America, and Australia, has thus found itself at a disadvantage amid shifting global economic dynamics. Geopolitical tensions in Southeast Asia and stricter visa and entry policies in response to health concerns have deterred potential visitors. While Thailand has progressively eased COVID-19 restrictions, some travellers remain wary of changing regulations and the unpredictability of travel protocols. This uncertainty contrasts with competitors like Vietnam and Malaysia, which have implemented more streamlined border policies to attract tourists. The country's tourism infrastructure also faces scrutiny. Despite being a longstanding favourite destination, several regions struggle with overdevelopment, environmental degradation, and inconsistent service standards. These issues have sparked calls for more sustainable tourism practices to ensure long-term viability. Efforts to diversify tourism offerings beyond beach resorts, such as promoting eco-tourism, cultural tourism, and wellness retreats, are gaining traction but require substantial investment and coherent policy frameworks to achieve scale. The Thai government has responded with a series of incentives aimed at reviving the sector. These include marketing campaigns targeting emerging markets such as China, India, and the Middle East, where outbound travel is expected to grow. Subsidies and financial support for local businesses, infrastructure upgrades, and training programmes for hospitality workers form part of the recovery blueprint. Nonetheless, experts caution that the benefits of these measures will manifest gradually and hinge on geopolitical stability and global economic recovery. Tourism operators highlight that the industry's challenges extend beyond attracting visitors to addressing the quality of the visitor experience and the sustainability of growth. For example, concerns about overtourism in some hotspots have led to overcrowding and resource depletion, while lesser-known regions struggle to attract sufficient attention and investment. This imbalance has prompted calls for a more balanced approach that spreads economic benefits more evenly across the country. ADVERTISEMENT Foreign direct investment in the tourism sector remains muted compared with previous years, reflecting broader investor caution about global economic uncertainties. The depreciation of the Thai baht has had mixed effects; while it makes the destination more affordable for foreign tourists, it also raises costs for imported goods and services crucial to the hospitality industry. Inflationary pressures on food, energy, and labour add to the operational challenges faced by businesses seeking to maintain profitability while keeping prices competitive. Labour shortages persist as well, with many workers leaving the tourism sector during the pandemic to pursue alternative employment. This has led to difficulties in maintaining service quality and meeting seasonal demand peaks. The government has encouraged re-skilling and vocational training programmes, but the gap remains significant, especially in rural and less-developed areas. Industry analysts point to the need for a comprehensive long-term strategy that integrates tourism with broader economic and social development goals. This would include embracing digital transformation to enhance marketing, customer engagement, and operational efficiency, as well as fostering partnerships between the public and private sectors to ensure resilience against future shocks. Thailand's brand as a travel destination continues to enjoy global recognition for its natural beauty, rich culture, and culinary appeal. However, sustaining this reputation requires ongoing adaptation to evolving traveller expectations, global trends, and environmental imperatives. While the White Lotus series has brought some renewed attention to specific locales, the industry's recovery depends on deeper structural reforms and coordinated efforts at multiple levels.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store