Mr. Arshad Farooq become Acting President of FPCCI

Mr. Arshad Farooq Vice President FPCCI has taken over the charge as Acting President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Mr. Arshad Farooq is renowned businessman and Director of M/s AAA Electronics Industries (Pvt) Ltd. FPCCI President Abdul Rauf Alam has left for Turkey to attend the statutory meetings of Islamic Chambers of Commerce and Industry.

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PSO collaborates with AMTF to fight Thalassemia

The country’s flagship OMC, Pakistan State Oil has teamed up with Afzaal Memorial Thalassemia Foundation (AMTF) in its fight against Thalassemia. An awareness session in this regard was organized at the PSO House where participants were briefed about the genetic disorder and the efforts that need to be undertaken in order to eradicate the disease from the country.

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PNSC declares 20 percent cash dividend

PNSC Board of Directors in its meeting on September 21, 2016 has reviewed and approved its financial performance and position for the year ended June 30, 2016. Group After Tax Profit of Rs 2,323 million has been achieved during this year against Rs 2,116 million in the last year, Earnings Per Share for the Group increased to Rs 17.59 from Rs 16.02 in the corresponding last year.

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Huawei P9 Shines out in EISA Awards

Huawei’s flagship smart phone –Huawei P9 has succeeded to draw the attentions of the European Image and Sound Association (EISA) judges as they have recently awarded the Huawei P9 with the European Consumer Smart Phone award 2016-17. Huawei P9 has been attracting the critics and technology analysts due to its perfect camera features and extraordinary specifications.

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8 members of KATI’s EC elected unopposed

Korangi Association of Trade Industry (KATI) has announced unopposed election of 8 members of its Executive Committee. According to statement released by KATI Masood Naqi, Muhammad Salman , Gohar Naeem Khan, Najmul Arfeen, Usama Niazi, Umer Rehan and Shaikh Fazl-e-Jalil have been elected unopposed on the 8 vacant seats of Executive committee, for 2016-17.

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Bank Alfalah partners with SCO to launch branchless banking service in AJK and Gilgit-Baltistan

Taking a major stride toward its financial inclusion goals in the country, Bank Alfalah has joined hands with Special Communications Organization (SCO) for the launch of its branchless banking service in Azad Jammu & Kashmir and Gilgit-Baltistan. A brand envisioned as ‘S-Paisa,’ Bank Alfalah’s branchless banking offering is aimed to empower more than 6 million people of Azad Jammu & Kashmir and Gilgit-Baltistan through state-of-the-art, convenient, and secure Branchless Banking service.

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Finance Minister reviews the revenue collection target

The Federal Minister for Finance Senator Mohammad Ishaq Dar chaired a meeting today to review the revenue collection targets and the preparations for the sales tax refunds in cases where RPOs have been issued up till 30th June 2016. Chairman FBR Nisar Mohammad Khan briefed the Finance Minister about the latest revenue collection figures.

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National Bank is superior than all banks of the country, Yameen Akhtar

Advisor to Federal Ombudsman’s Regional Office Muhammad Yameen has said that National Bank is superior than all banks of the country, National Bank is not backward than anyone in the field of social welfare, services of NBP are better than other banks, he was addressing on the occasion of inauguration ceremony of ATM on 66th anniversary of National Bank.

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In view of the requests and the huge interest shown by the perspective parties for acquisition of up to 40.25% in the share capital of Kot Addu Power Company (KAPCO), the Privatisation Commission has extended the date for submission of Expression of Interest (EOI) & Statement of Qualification (SOQ) Commission till October 20, 2016 by 4:00 PM latest.

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