Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 15,947.9 million as of 14-Feb-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...
View ArticleLUCKY CEMENT LIMITED ANNOUNCES A 5 FOR 1 STOCK SPLIT
LUCK – SHARING GROWTH, ENHANCING VALUE: Karachi: Lucky Cement Limited (PSX Symbol: LUCK) announced a 5 for 1 stock split through its notice to PSX on February 21, 2025. The said recommendation was made...
View ArticleSBP Awards Pilot License to Mashreq Bank Pakistan Limited to Operate as...
The Governor, State Bank of Pakistan (SBP) awarded the first restricted license for pilot operations to Mashreq Bank Pakistan Limited (MBPL) in a special meeting held with the Board and senior...
View ArticleAI Innovation Lab to be established in Karachi
KARACHI: Pakistani-origin award-winning serial entrepreneur and CEO Data vault Pakistan- Mehwish Salman Ali announced the establishment of an AI Innovation Lab in Karachi at IDCF event, organised by...
View ArticleSBP Issues Raast Participation Criteria
The State of Bank of Pakistan (SBP) has issued Raast Participation Criteria outlining minimum requirements for the entities desirous of becoming the Raast participants and have the necessary functional...
View ArticleLUMS Professor Dr. Nadhra Shahbaz Khan receives France’s prestigious Palmes...
Lahore: Dr. Nadhra Shahbaz Khan, an art historian and Associate Professor at LUMS, has been awarded the Ordre des Palmes Académiques, one of France’s highest academic honours and their oldest...
View ArticleArt, Culture and Cricket: inDrive elevated cricket excitement with a stunning...
Karachi: World’s second most downloaded app inDrive brought the fusion of cricket, culture, and art to the forefront. As the excitement for the ICC Champions Trophy was at its peak, inDrive unveiled a...
View ArticleEFP and PBDN Honor Employers Championing Disability Inclusion
Karachi: In a powerful testament to the corporate sector’s commitment to inclusivity, the Employers’ Federation of Pakistan (EFP) and the Pakistan Business and Disability Network (PBDN) successfully...
View ArticleSBP Issues License to M/s. Wemsol Private Limited to Commence Commercial...
The SBP has given license to M/s. Wemsol Private Limited to commence commercial operations as an Electronic Money Institution (EMI). Under the license, the EMI shall offer e-money wallet and payment...
View ArticleState Bank of Pakistan Hosts 16th SAARCFINANCE Seminar on “Challenges and...
The State Bank of Pakistan (SBP) successfully organized the 16th SAARCFINANCE Seminar, titled “Challenges and Opportunities in the Capacity Building of Central Banks and the Financial Industry: Lessons...
View ArticleSITE Association Slams Sindh Government Over Unregulated Trailers
Karachi: A devastating accident on the claimed the lives of a well-known industrialist and his son when their car was struck by a speeding trailer. The tragic incident has sparked outrage among the...
View ArticleIPAK Group Records 61% Growth in its Revenues
Karachi: International Packaging Films Limited (IPAK) Group has recorded a 61% increase in its revenues for the six months ending December 31, 2024. The current consolidated revenue of the group stands...
View ArticleGovernor SBP calls on banks to harness technology to significantly increase...
Governor of the State Bank of Pakistan, Mr. Jameel Ahmad reiterated the need to significantly increase financial deepening in the country, adding that no country can achieve sustainable economic growth...
View ArticleAKU in Pakistan Honours Founder, 473 Graduates
Princess Zahra Aga Khan joins ceremony highlighting the legacy of AKU’s founding Chancellor, His Highness the Aga Khan IV. With Princess Zahra Aga Khan in attendance, 473 women and men graduated from...
View ArticleAeon & Trisl Group Makes History, Secures No.1 Spot at Emaar Awards for...
Aeon & Trisl Group has once again set a new standard in the UAE’s real estate market by being awarded the No.1 ranked agency at the Emaar Annual Broker Awards 2024. This marks their second...
View ArticleNTC and PYMA Join Forces to Boost Textile Exports
Karachi: A high-level delegation from the National Tariff Commission (NTC), led by Chairman Naeem Anwer, visited the Pakistan Yarn Merchants Association (PYMA) to engage in productive discussions about...
View ArticleOman Opens Investment Doors for Karachi’s Businessmen Omani Envoy Seeks to...
Karachi: The Consul General of the Sultanate of Oman, H.E Sami Abdullah Salim Al Khanjari, has invited Karachi’s traders to invest in Oman, stating that there are vast opportunities for investment that...
View ArticlePakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 15,925.7 million as of 21-Feb-2025. The break-up of the foreign reserves position is as under: Foreign reserves held by the State Bank...
View ArticleABHI and TPL Corp Celebrate the Launch of ABHI Microfinance Bank
In a historic milestone, ABHI and TPL Corp Limited came together to celebrate the grand launch of ABHI Microfinance Bank at Mohatta Palace. This strategic collaboration, approved by the State Bank of...
View ArticleIndus Motor Company Reports Strong Growth in 1HFY25 Amid Economic Recovery
Karachi: Indus Motor Company Limited (“the Company”) has announced its financial results for the half-year FY 24-25 ended December 31, 2024, showcasing strong growth amidst signs of economic recovery...
View Article