New hope for Pakistani deliverymen in Dubai after surprise Dh50,000 bonus

A delivery person rides a motorcycle along a road past the Huawei Building in Dubai, UAE, on February 22, 2021. (AFP)
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Updated 13 June 2021
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New hope for Pakistani deliverymen in Dubai after surprise Dh50,000 bonus

  • Two Dubai-based Pakistanis received life-changing bonuses for being Deliveroo's top-performing riders
  • Dh50,000 "thank you" bonus is over ten times the salary each of the deliverymen earns every month

DUBAI: At first, they thought it was a joke when a notification came that their employer had recognized them with a 50,000-dirham ($14,000) bonus, but as the surprise proved real, the two Pakistani deliverymen in Dubai say they are now set to make their life dreams come true.

It was in March when Muhammad Khurram, a rider with online food delivery company Deliveroo received a call saying that the bonus — over ten times his monthly wage — was there for him as a "thank you" gesture for delivering more than 2,000 orders over the past five years that he has been working with the company.

“I was out on a delivery when I received the call that I had been given a bonus of AED50,000. At first, I was surprised, and I thought someone is joking with me,” Khurram, 35, told Arab News earlier this week.

He didn't believe his luck and it took another few confirmation calls until he finally broke the news to his relatives.

"Then I was sure that I has been given the money and I got a mail later to confirm this,” he said. "My family was very surprised."

Now, the Karachi native is planning to start a business back home. He said he wants to open a cafe or a restaurant and secure a better future for his family.

Last month, he received 8,333 dirhams in the first instalment, with the rest of the amount to be paid to him over the next six months.




Muhammad Khurram, left, and Muhammad Zeeshan, right, pose for a photo at Deliveroo's rider center in Dubai on June 10, 2021. (AN photo by Asma Ali Zain)

Another Pakistani deliveryman, who is also the company's top performer in the UAE, is Muhammad Zeeshan from Lahore.

In the beginning, just like Khurram he thought that the 50,000-dirham reward was a joke.

"I did not discuss with anyone when I got the call because I thought people would make fun of me, but later when I got an email confirmation, I shared it with my family who were very excited," he told Arab News.

Earning about 4,000 dirhams a month, the 35-year-old, who has also been with Deliveroo for the past five years, said he had dreamt of setting up a business in Lahore but never knew when it would be possible.  

“We are left with very little after doing all the expenses and sending money to the family," he said. "The bonus makes a big difference."

He is also expecting to receive the full sum in the coming months.

"Muhammad Zeeshan and Muhammad Khurram received their first payment in May 2021 and will continue to receive installments of approximately AED8,000 each month throughout the next six months," the London-based company, which operates in the UK, UAE, Kuwait, France, Belgium, Ireland, Spain, Italy, Australia, Singapore, Hong Kong, and the Netherlands, told Arab News in a statement quoting Deliveroo CEO and founder Will Shu.

"Over the last year, riders have helped us do so much more than just deliver great food, having supported businesses and enabled vulnerable people or those self-isolating to stay safe indoors throughout a global pandemic," Shu said. "We’re pleased to be able to say thank you."

Deliveroo says this year it had awarded bonuses ranging from $238 to $14,000 to 36,000 of its highest performing employees worldwide.


Pakistan clears global crypto exchanges Binance, HTX under new regulatory framework

Updated 8 min 7 sec ago
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Pakistan clears global crypto exchanges Binance, HTX under new regulatory framework

  • NOCs allow Binance, HTX to conduct engagement activities within Pakistan, says regulator PVARA
  • Says move allows entities to open subsidiaries in Pakistan but doesn’t constitute as operating license

ISLAMABAD: The Pakistan Virtual Assets Regulatory Authority (PVARA) announced on Friday that it has granted no objection certificates (NOCs) to global crypto exchanges Binance and HTX, the latest in a series of moves by Islamabad to regulate its fast-growing virtual assets market. 

PVARA said the NOCs were granted following a review process it conducted with public sector stakeholders which focused on governance structures, compliance frameworks, risk management controls and alignment with Pakistan’s emerging regulatory requirements for virtual asset activities.

Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight and encouraging innovation in blockchain-based financial services.

“The introduction of this structured NOC framework demonstrates Pakistan’s commitment to responsible innovation and financial discipline,” Finance Minister Muhammad Aurangzeb was quoted as saying in a press release issued by PVARA. 

The regulatory authority said the NOCs allow Binance and HTX to conduct preparatory and engagement activities within Pakistan under “defined regulatory oversight,” clarifying that it does not constitute a “full operating license.”

The NOCs allow Binance and HTX to begin registration on the FMU goAML, Pakistan’s anti–money laundering reporting platform, as reporting entries. It also allows them to engage with the Securities and Exchange Commission of Pakistan (SECP) regulator to incorporate their subsidiaries in the country. 

HTX and Binance can also prepare and submit their full VASP license applications once licensing regulations are promulgated and provide anti-money laundering (AML) registered services after the completion of their goAML registration.

“PVARA will continue to engage with domestic and international stakeholders as it advances subsequent phases of its regulatory framework,” the authority said. 

“Additional guidance regarding licensing standards, compliance obligations and supervisory expectations for virtual asset service providers will be issued in due course.”

Chairman PVARA Bilal Bin Saqib said issuing the NOCs marks the first step toward a fully licensed and regulated environment for digital assets in Pakistan. 

“By adopting a phased and internationally aligned approach, Pakistan is ensuring that only well-governed, fully compliant global platforms progress toward full licensing,” Saqib was quoted as saying by PVARA.

According to PVARA, Pakistan already ranks at number three in crypto adoption and is home to an estimated 30 to 40 million users.

It said industry-wide assessments estimate that annual digital asset trading activity linked to Pakistan exceeds $300 billion. 

PAKISTAN, BINANCE SIGN MoU FOR BLOCKCHAIN-BASED INNOVATION

Separately, Pakistan’s finance ministry and Binance signed a memorandum of understanding (MoU) establishing a framework to explore potential collaboration on the tokenization and blockchain-based distribution of Pakistan’s real-world and sovereign assets, the Finance Division said. 

The Finance Division said the step was a significant one to leverage emerging financial technologies to strengthen Pakistan’s capital markets and enhance global investor access. 

These assets include government bonds, treasury bills, commodity reserves and other federally owned assets, the Finance Division said. 

“Subject to applicable laws, policies and regulatory approvals, the initiative may involve assets of up to $2 billion, with the objective of enhancing liquidity, transparency and international market accessibility,” it added. 

Under the proposed arrangement, Binance and/or its affiliates may provide technical expertise, advisory support, training and capacity building to enable Pakistan to assess modern, compliant blockchain infrastructure. 

The Finance Division said the collaboration aims to explore secure and transparent digital platforms that could facilitate broader participation by international investors, while fully respecting Pakistan’s regulatory framework and sovereign control.