All Banks and their branches shall remain open on Saturday, April 30, 2022
It is clarified that all banks and their branches shall remain open on Saturday, April 30, 2022 in line with SBP’s instructions embodied in BPRD Circular Letter No. 11 of…
Engro Foundation announces recipients of IATC Impact Awards 2021
Karachi: Engro Foundation, the social investment arm of Engro Corporation, has announced the two recipients of its flagship initiative, I Am The Change (IATC) Impact Awards 2021, in recognition of…
‘UPaisa Ramzan Offer’ – Exciting rewards for donors supporting Pakistani welfare organizations
Islamabad: This Ramzan, UPaisa is offering exciting rewards to Ufone 4G prepaid customers for extending financial aid to donation companies and public welfare organizations in Pakistan. In order to express…
Pak-Qatar Family Takaful given A++ Credit Rating From VIS & PACRA
Karachi: VIS Credit Rating Company and PACRA has harmonized the Insurer Financial Strength rating of Pak-Qatar Family Takaful Limited (PQFTL) at ‘A++’ with Stable Outlook. The rating assigned signifies high…
Severe power breakdowns hit trade, industry as 7,000MW plants shut
Mian Anjum Nisar for taking notice of fuel shortage, technical faults: Karachi: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has called for formulating a reform…
Fatima Fertilizer elevates Rabel Sadozai as the first female Marketing Director within the agriculture sector
Lahore: Fatima Fertilizer is pleased to announce that Rabel Sadozai, a seasoned marketing professional, has been recently promoted to lead the Sales and Marketing function within the organization. Rabel has…
Engro Corporation Q1 2022 Results
Karachi: Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31, 2022. Overview of Financial Performance During the first quarter, Engro Corporation’s standalone…
MMBL partners with BaKhabar Kissan to foster a smart digital ecosystem for its growing Agri-customers across Pakistan
Pakistan’s largest digital bank, Mobilink Microfinance Bank Ltd (MMBL) has partnered with BaKhabar Kissan (BKK), a leading agri-tech enterprise that provides advisory services to small and medium farmers across the…
Digital Payments continue strong growth trend in Second Quarter of FY22
The State Bank of Pakistan released its second quarterly report of payment systems for the fiscal year 2021-22 today covering the period October – December 2021. The report presents an…
Banks approve Rs.180bn in low-cost housing loans
Building upon current momentum, banks have shown strong progress in approving and disbursing the financing under Mera Pakistan Mera Ghar Scheme against the manifold increase in applications by borrowers to…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 17,028.1 million as of 08-April-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
PTCL Group Posts 3.2% Revenue Growth in Q1, 2022
Islamabad: Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the quarter ended March 31, 2022, at its Board of Directors’ meeting held…
Faysal Bank & TPL Life Insurance Join Hands to Offer Women Takaful Coverage
With this signing, Faysal Bank Limited & TPL Life Insurance (Window Takaful Operations) have taken a step towards further strengthening their existing partnership and introduced a Women specific Takaful coverage…
SIX DAYS WORKING WEEK AND REVISED TIMINGS
As per decision of the Federal Government the State Bank of Pakistan (SBP) will observe six days working week with the following office hours during the month of Ramadan-ul-Mubarak, which…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 17,476.9 million as of 01-April-2022. The break-up of the foreign reserves position is as under:- Foreign reserves…
SECP launches online portal for easy exit of defunct companies’
ISLAMABAD: The SECP, to facilitate the closure of companies, has launched an online portal of Companies Easy Exit Scheme, automating and simplifying the process of easy exit. Section 426 of…