A student of the Usman Institute of Technology’s (UIT) and his team won the DICE VIC 2017 for their ‘Home Tuition’ project and got into NEST I/O. Mohammad Saad Iqbal came up with the project idea keeping in view the higher fees at the coaching centres.… Read the rest
An Arbitral Tribunal of the London Court of International Arbitration (“LCIA”) today confirmed the illegitimacy of the Government of Djibouti’s action of seizing control of the Doraleh Container Terminal from DP World. The LCIA Tribunal has ruled that Doraleh Container Terminal’s Concession Agreement “remains valid and binding notwithstanding Law 202 and the 2018 Decrees”.… Read the rest
The total liquid foreign reserves held by the country stood at US$17,079.7million on 27July 2018.The break-up of the foreign reserves position is as under:-
- Foreign reserves held by the State Bank of Pakistan: US$10,349.7million
- Net foreign reserves held by commercial banks : US$6,730.0million
- Total liquid foreign reserves :US$17,079.7 million
During the week ending 27July2018,SBP’s reserves increased by US$1,339million to US$10,350million, due to official inflows.… Read the rest
For the first time ever, Jazz has introduced a prepaid bundle offer for Hajis, whereby they can call their loved ones back home without having to worry about affordability. Called the Saudi Bundle, the offer includes incoming and outgoing call charges of PKR 15/min – more affordable and hassle free than the visitor SIMs available in Saudi Arab.… Read the rest
The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on August 01, 2018 to review the performance of the Bank and approve the financial statements for the half year ended June 30, 2018.
During the six months’ period ended June 30, 2018, MCB Bank Limited reported Profit Before Tax (PBT) of Rs.… Read the rest
COMSATS University Islamabad, Lahore Campus is organizing the 6th Pak China Business Forum – Industrial Expo 2018. This was possible after successfully organizing this event in five consecutive years, from 2012 to 2015 in Islamabad, and in Lahore during 19 to 22 March, 2016 at Expo Centre.… Read the rest
Pakistan’s most nutritious and delicious flavored milk brand Flava sponsored Gilgit-Baltistan Girls Football League 2018. Gilgit-Baltistan Girls Football League is an initiative founded by two young and energetic sisters Karishma Inayat and Sumaira Inayat in the year 2016 to establish a football league solely for young girls from Gilgit-Baltistan.… Read the rest
Houseful musical session “Rafi Ki Yadein” observed on the evening of 31st July at Arts Council of Pakistan Karachi where hundreds gathered to pay tribute to the late legendary singer Muhammad Rafi on his 38th death anniversary.
Saleem Shehzad, legendary play back singer and the focal attraction of the evening, said that today’s era is a period of chaos and it is a great deal to conduct such a marvelous session to honor the late classical singers during such horrific times.… Read the rest
Jazz has embarked on a journey to further digitalize Khyber Pakhtunkhwa (KP) in partnership with Khyber Pakhtunkhwa Information Technology Board (KPITB) and the World Bank. This will see the mobile operator invest resources in the province’s ‘Durshal’ program and empowerment of youth through employable digital skills under the KPITB ‘Youth Employment Program’.… Read the rest
The Institute of Chartered Accountant of Pakistan has announced the results of Certified Finance and Accounting Professional (CFAP), Multi Subject Assessment (MSA) and Final Examination held in June 2018. As many as 318 candidates qualified CFAP/Final Examination whereas 2265 candidates have obtained permanent credit.… Read the rest