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Two Pakistanis named in Forbes’ list of 100 most powerful businesswomen in Middle East

06:28 PM | 4 Mar, 2024
Two Pakistanis named in Forbes’ list of 100 most powerful businesswomen in Middle East

Forbes, a prominent global business magazine, has acknowledged two Pakistani women among the top 10 female executives in the Middle East.

Shaista Asif, ranked fourth in Forbes' 'The Middle East’s 100 Most Powerful Businesswomen 2024' list, serves as the co-founder and group chief executive officer of PureHealth Holding, a healthcare network based in the UAE. 

Asif co-established the healthcare company in 2006 and assumed the role of group CEO in December 2023. Forbes reported that the company's initial public offering (IPO) raised $986 million in December 2023 by offering 10% of its issued share capital on the Abu Dhabi Securities Exchange (ADX), with the IPO being oversubscribed 54 times among professional subscribers and 483 times among retail subscribers. 

Furthermore, in January 2024, PureHealth acquired Circle Health Group, the UK's largest independent hospital operator, for $1.2 billion before debt, as well as Sheikh Shakbout Medical City, the UAE's largest healthcare complex, for $600 million, boasting revenues of $585.4 million.

Shazia Syed, the General Manager of Unilever North Africa, Levant, and Iraq, as well as the Arabia Senior Customer Development Lead, secured the ninth position on the list due to her extensive corporate experience. 

Syed, formerly the CEO of Unilever Pakistan, has held positions such as president of the Overseas Investors Chamber of Commerce & Industry and director of the Pakistan Business Council. 

She assumed her current role in 2021 after joining Unilever as a management trainee in Pakistan in 1989. Forbes noted that

Syed also serves on the board of United Bank Limited in Pakistan, holding positions such as a member of the Board Risk & Compliance Committee and chairperson of the Board Audit Committee. 

Additionally, she previously served on the boards of Pukka Tea and Pepsi Lipton.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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