SBP’s reserves increased by US$ 4 million
The total liquid foreign reserves held by the country stood at US$ 12,614.2 million as of 03-Nov-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
AKU, UNICEF partner to uplift primary education in Balochistan
The Aga Khan University's Institute for Educational Development (AKU-IED) has signed an agreement with the Education Department, Government of Balochistan, and the United Nations Children's Fund (UNICEF) to develop the…
PIA needs to be sold since it is now a problem: Mian Zahid Hussain
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the first…
Meezan Bank to launch of Islamic Microfinance Services
In a significant development for Islamic finance, Meezan Bank, Pakistan's leading Islamic bank has joined hands with SAFCO Microfinance Company Private Limited (SMCL) to establish its inaugural Islamic microfinance branch,…
Fly Jinnah expands flight frequency on key routes and enhances connectivity.
Fly Jinnah, Pakistan's low-cost carrier, has announced an increase in its flight frequency on three key routes within its network. Starting from November 15, 2023, the airline will offer daily…
The Vlogging Phone -Infinix ZERO 30 4G now available at outlets nationwide.
Infinix ZERO 30 4G, featuring a 2k 50 MP front vlog camera is now available on outlets nationwide for Rs 59,999. Infinix ZERO 30 4G empowers young individuals and content…
IoBM to host an international conference on Islamic banking and finance.
The Institute of Business Management (IoBM) has announced that it will be hosting its high-profile 7th Annual International Conference on Islamic Banking and Finance from November 14 to 15, 2023.…
Pakistan workers send record remittance in October 2023: SBP
Workers' remittances recorded an inflow of US$2.5 billion during Oct 23. In terms of growth, during Oct 2023, remittances increased by 11.5 percent on m/m and 9.6 percent on y/y…
Jazz CEO advances financial inclusion agenda at WEF’s Spotlight Pakistan Day
Aamir Ibrahim, CEO Jazz and Chairman Mobilink Microfinance Bank (MMBL), emphasized the urgent need to build a more inclusive financial system and presented recommendations for the same at a webinar…
Jazz CEO commends SBP and PTA for driving digital and financial inclusion at the World Economic Forum Webinar.
Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank (MMBL), expressed high praise for the pivotal roles played by the State Bank of Pakistan (SBP) and the Pakistan…
Pakistan Strategy: MSCI Semi-Annual Index Review; likely to be positive for Pakistan
MSCI will release the results of the MSCI Semi-Annual review announcement on Nov 14, 2023. The changes to the MSCI Frontier Market index will be effective from Dec 01, 2023.…
American–Pakistani Public Affairs Committee delegation visited FPCCI
Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised that a high-profile delegation – vis-à-vis trade, investment and economic relations – visited FPCCI to forge an alliance from the platform of…
Attock Refinery sheds light on the future outlook:
· Management stated that LC and payment issues were prevalent throughout the year. Additionally, company encountered challenges related to non-upliftment of the RFO largely during winter periods. To address this,…
OGRA notified much-awaited gas tariff hike:
§ After much deliberation, OGRA notified the gas tariff for consumers which is effected from 01 Nov 2023. § To recall, the Economic Coordination Committee approved the much-awaited gas tariff hike on 23rd Oct. In…
Persistent strengthening of dollar concerning amid IMF talks
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that despite positive…
ABF and Philip Morris Pakistan host ‘Collaborate to Spread the Word on Breast Cancer Awareness’
American Business Forum and Philip Morris Pakistan Limited hosted an event with a focus on spreading awareness for Breast Cancer recently. With Pakistanis being 2.5 times more likely to be…
Zong 4G’s 2023 digital trainee executive program
Zong 4G, Pakistan's leading telecommunications operator, has taken a significant step towards fostering the future leaders of the digital era. In a two-day orientation session held on November 1st and…
Subsidized electricity tariff should be provided to Karachi-based SMEs: President FBATI.
President Federal B Area Trade and Industry Syed Raza Hussain said the government should provide a subsidized electricity tariff to Small and Medium Sized Enterprises (SMEs) of the commercial capital…
JS Investments launches JS Islamic Premium Fund to offer attractive Shariah-Compliant Returns
JS Investment Limited (JSIL) has announced the launch of JS Islamic Premium Fund (JSIPF), a shariah-compliant investment solution for its investors. This new offering is a straightforward, medium-risk investment solution…
Emirates celebrates a decade of operation in Sialkot.
Emirates, the world's largest international airline and facilitator of vital trade links, is proud to announce a significant milestone in its history in Pakistan. This month, Emirates is celebrating its…
The realme C Series to make a resounding comeback in Pakistan
In a testament to resilience and innovation, realme, with its unwavering focus on the Pakistani market, is set to make a remarkable comeback of its C Series. As the brand…
HUBC – A buy call was issued amid a target price of Rs 155/sh
· We revisit our investment case on Hub Power Company Ltd (HUBC), which posted an eventful FY23, marked by the announcement of record dividends of PkR30/sh, yielding an average of 34.5%…
MediaTek’s new all-big core design for flagship Dimensity 9300 Chipset Maximizes Smartphone Performance and Efficiency
MediaTek today announced the Dimensity 9300, its newest flagship mobile chip with a one-of-a-kind All Big Core design. The unique configuration combines extreme performance with MediaTek's industry-leading power efficiency to…
JazzCash pioneers responsible nano-lending with free life insurance
JazzCash, in partnership with EFU Life Assurance Ltd., has marked a significant milestone by introducing free life and health insurance for nano-loan customers. This initiative redefines responsible lending practices and…
President for promoting telemedicine and telehealth services in Pakistan
President Dr Arif Alvi has called for promoting telemedicine and tele-healthcare platforms to improve the outreach of healthcare services to low-income areas of the country. He said that digital platforms…