K-Electric Clarifies Facts on Electric-Shock Related Incidents during Rains
Karachi: As the torrential rainfall continued to batter the city during Eid days, different electric-shock-related incidents were reported in different parts of the city on 11 and 12 July 2022. In the...
View ArticleSECP enhances investment limits for insurance companies to invest in ETFs
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), to encourage participation of insurance companies in the Exchange Traded Fund (ETF) market, has allowed insurance companies to...
View ArticleUfone 4G’s Digital Grand Offer brings exciting discounts, free subscriptions...
Islamabad: Pakistani telecommunication company, Ufone 4G has enhanced the value of its Digital Grand Offer by adding exciting discounts and free subscriptions to PTCL’s digital OTT platform, SHOQ and...
View ArticleMobilink Bank reaffirms commitment to gender-responsive climate finance at...
Islamabad: Pakistan’s leading digital microfinance institution, Mobilink Bank has reaffirmed its commitment to fostering gender-responsive climate finance at the Conference of the Parties (COP28) held...
View ArticleGermany keen to expand business ties with Pakistan: AHK
KARACHI: Pakistan’s Representative in German Emirati Joint Council for Industry & Commerce (AHK) Muhammad Usman has said that German government and businesses have been looking towards Pakistan in...
View ArticleSECP publishes its Annual Report for FY 2022–23
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has released its annual report for fiscal year 2022-23, which details its accomplishments and financial accounts. Chairman, Akif...
View ArticleSSGC Automates 50 Town Border Stations (TBS) – MD, SSGC Inaugurates the Pilot...
Keeping abreast with the new and emerging technologies internationally, Sui Southern Gas Company inaugurated a newly deployed system that will automate 50 Town Border Stations (TBS), which will be used...
View ArticleMeezan Bank Partners with Befiler to Provide Tax Facilitation Services for...
Karachi: Meezan Bank, Pakistan’s leading Islamic bank, has recently formalized an agreement with Befiler to enhance the tax facilitation services available to freelancers. This collaboration aims to...
View ArticleCCP Approves Merger, Paving the Way for UDL International Limited’s Listing...
Islamabad: The Competition Commission of Pakistan (CCP) has granted approval for the merger of a listed company, M/s. First UDL Modaraba, with a public unlisted company, M/s. UDL International Limited....
View ArticleSECP notifies timeframe for implementation of IFRS 17 for insurance industry
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of the International Financial Reporting Standard (IFRS) 17 – Insurance Contracts – for the companies...
View ArticlePakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 12,107.1 million as of 01-Dec-2023. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...
View ArticleIran Seeks to Enhance Economic Cooperation with Pakistan
KARACHI: His Excellency Hassan Nourian, the Consul General of the Islamic Republic of Iran, has expressed the enduring and robust diplomatic the enduring and robust diplomatic relations between Iran...
View ArticlePrime Minister Strikes Gong on Launch of the First GoP Ijarah Sukuk Auction...
Karachi, In a landmark development for the financial markets of Pakistan, the Primary Market Auction of Government Debt Securities (GDS) will now also be held at PSX. This follows the change in rules...
View ArticleDescon Oxychem Ltd Celebrates 10 Million Safe Hours Milestone
Karachi: Descon Oxychem has successfully completed 10 million safe hours from December 2008 to November 2023. This remarkable milestone not only exemplifies the company’s dedication to safety but also...
View ArticleSaudia’s Private Leads Digital Transformation with the Launch of Robotic...
Introduces a comprehensive digital strategy including Robotic Process Automation, AI chat-bots, New mobile App, and B2B Solutions: Jeddah, Saudi Arabia: Saudia Private, a pioneer in general aviation...
View ArticleBranches of Authorized Banks to Remain Open on Saturday and Sunday for...
In order to facilitate the intending pilgrims to deposit application forms along with dues for Hajj 2024, State Bank of Pakistan on the request of Ministry of Religious Affairs & Interfaith Harmony...
View ArticleMonetary Policy Announcement
The Monetary Policy Committee (MPC) of SBP will meet on Tuesday, December 12, 2023 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a...
View ArticleSECP Commissioner Insurance Highlights Takaful Potential at 6th Annual IIAL...
ISLAMABAD: The SECP Commissioner Insurance, Aamir Khan, emphasized the significant transition of Pakistan’s financial system towards Shariah compliance. This shift, aligned with the cultural and...
View Article2,234 new companies registered in November 2023
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,234 new companies in November 2023, showing a growth of 8% as compared to the corresponding period of last financial...
View ArticleOICCI Takes the Lead in Shaping Private Sector Climate Action at COP28
Karachi: The Overseas Investors Chamber of Commerce & Industry (OICCI) demonstrated its commitment to driving meaningful climate action at COP28 by hosting a pivotal high-level dialogue in...
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