Following Uber’s deal with the International Cricket Council (ICC) to sponsor the upcoming Cricket World Cup (CWC), Uber, the world’s largest personal mobility company, is providing Pakistani fans an opportunity to win big. Through its ride-to-win and drive-to-win competitions, Uber is providing its riders and driver partners the chance to make the most of the World Cup by earning rewards through the Uber app.

Data from leading online money transfer service WorldRemit shows that the week before Eid-al-fitr was the company’s busiest period for transfers to Pakistan in 2018. The State Bank of Pakistan recently revealed that Overseas Pakistanis sent home nearly $17.9 billion in remittances during the first 10 months of FY19 (July to April), a growth of nearly 8.5% compared to the same time last year.

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said proposed gas price hike will damage masses and economic activities.

State Bank of Pakistan, through its subsidiary SBP Banking Services Corporation (SBP BSC) has relaunched the SMS service for issuance of fresh currency notes to the general public. The fresh currency notes will be available from designated commercial bank branches called “e-branches” and the sixteen field offices of SBP BSC.

The Mahvash and Jahangir Siddiqui Foundation was a primary supporter of the Pakistan’s first official Pavilion at the La Biennale di Venezia (Venice Biennale), 2019. The world’s oldest and most prestigious international art exhibition, the biennale is a six month long contemporary visual art exhibition and host a large number of prominent individuals from all walks of life.

Pakistan Telecommunication Company Limited celebrates the 50th anniversary of World Telecommunication and Information Society Day, which has been celebrated annually since 1969. The theme for this year is ‘Bridging the Standardization Gap’. PTCL has gone through massive transformation since its inception and is now focused to provide a digital lifestyle, along with innovative telecom services to customers as well as the businesses in Pakistan.

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday expressed concern over rising tensions between the US and Iran terming it a great threat to global peace and GDP.

One of Pakistan’s greatest treasures, Jamil Naqsh, a contemporary artist passed away on the 16th of May, 2019 at the St. Mary’s Hospital in United Kingdom. The artist was born in 1939 in the city of Kirana, India and moved to Karachi Pakistan during partition.

ACCA and Atlas Copco Pakistan have agreed to work together for the promotion of sustainable business practices in Pakistan. Both the organisations will be collaborating to develop future-ready talent to meet the requirements of a digital age.

The focus of their partnership will be to train a new generation of professional accountants who possess a right blend of digital, technical, ethical, strategic and professional skills to meet the future needs and demands of the increasingly digitised profession.

The total liquid foreign reserves held by the country stood at US$15,894.4 million on 10 May2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 8,845.6 million

Net foreign reserves held by commercial banks : US$ 7,048.8 million

Total liquid foreign reserves                  : US$ 15,894.4 million

During the week ending 10May2019, SBP’s reserves decreased by US$138 million to US$8,845.6 million, due to external debt servicing and other official payments.