MCB-Arif Habib launches `Alhamra` KARACHl: MCB-Arif Habib Savings andInvestments Ltd has launched a dedicated Islamic investment division `Alhamra` on Wednesday.

`Islamic asset management as an area of immense growth in the mutual funds industry with a menu of Shariah-compliant products being a requirement to cater to the fast-growing Islamic client segment,` said Arif Habib while speaking at the launch event.Goldman Sachs unveils CEO succession plan NEW YORK: Goldman Sachs named a pair ofexecutives Wednesday to replace president Gary Cohn, who is joining the Trump administration, to potentially succeed chief executive Lloyd Blankfein in the coming years.

Harvey Schwartz, 52, the chief financial officer, and David Solomon, 54, co-head of the investment banking division, will share the posts of president and chief operating officer, putting both in line to take over for Blankfein, who is 62.

Cohn was tapped by President-elect Donald Trump on Monday to lead the White House`s National Economic Council, which advises the president on domestic and global economic policy.-AFPAmazon video goes global I WASHINGTON: Amazon announcedWednesday it was extending its on-demand video streaming service to more than 200 markets, stepping up its challenge to Netflix as a global television network.

The US online giant said its Prime Video would be available in `more than 200 countries and territories around the world.` One country noticeably absent from the list is China which Netflix has not entered citing `regulatory` challenges.

But Amazon will be serving countries in all regions of the world, from Afghanistan to Zimbabwe, as well as the Chinese semi-autonomous territory of Hong Kong and gambling enclave Macau.-AFP