Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$ 20,157.9 million on 05-March-2021. The break-up of the foreign reserves position is as under: –   Foreign reserves held by the State Bank of Pakistan: US$ 13,016.1 million Net foreign reserves held by commercial banks : US$   7,141.8… Continue reading

Press Release of Workers’ Remittances in February 2021

For the 9th consecutive month, workers’ remittances remained above $2 billion in February 2021. Workers’ remittances amounted to $2.266 billion in February 2021, around the same level as the previous month and 24.2 percent higher than in February 2020. During Jul-Feb FY21, workers’ remittances reached $18.7 billion, 24.1 percent higher… Continue reading

Carrefour Pakistan and Mortein join hands for a dengue-free Pakistan

Lahore: Pakistan’s No.1 choice brand against Dengue, Mortein, joined hands with Carrefour Pakistan, owned and operated by Majid Al Futtaim in Pakistan, to drive a nationwide awareness campaign against Dengue. The partnership will cover all Carrefour flagship stores across Karachi, Lahore, Islamabad and Faisalabad. This was announced during a press… Continue reading

Jubilee Life collaborates with SehatKahani to bring unlimited healthcare (OPD) services

Karachi: Jubilee Life Insurance, Pakistan’s leading life insurance company in the private sector has collaborated with SehatKahani, a leading telemedicine platform aiming to provide health care (OPD) services free of charge to all Jubilee Life customers and employees including both individual and group customers. This collaboration will not only allow… Continue reading

Coca-Cola’s 5by20 program concludes by economically empowering 6.2 million women

The Coca-Cola Company recently marked the monumental success of its 5by20 program, which empowered 1.2 million additional women beneficiaries from its original decade long target of economically empowering 5 million women by 2020. The 5by20 program was implemented in more than 150 countries around the world. In Pakistan, more than… Continue reading

Pak-Qatar Takaful awards Scholarships to Students of IBA-CEIF

KARACHI: Pak-Qatar Takaful Group (PQTG), Pakistan’s Pioneer and the Largest Takaful Group, recently at a ceremony awarded two more scholarships to MS IBF students Mr. Muhammad Adil  and Mr. Hamza Younis – highest meritorious students at the Institute of Business Administration – Centre of Excellence in Islamic Finance (IBA-CEIF), Karachi…. Continue reading

Carrefour Kicks Off Five-Month Promotion on Fresh Foods

Carrefour, owned and operated by Majid Al Futtaim in Pakistan, has launched an extraordinary five-month promotional campaign bringing weekly saving deals on a vast range of fruits and vegetables.The offers will be valid from February 25 to July 25, 2021 at all Carrefour’s physical and digital stores across the country…. Continue reading


ISLAMABAD: The Competition Commission of Pakistan (CCP), in collaboration with the United Kingdom’s Competition and Market Authority (CMA), has launched a series of capacity building workshops wherein the CMA’s officials and experts will train the CCP’s staff on different enforcement techniques and methodologies. As part of this renewed collaboration between… Continue reading

IoBM wins HEC Badminton Championship

Karachi: The Institute of Business Management (IoBM) remained undefeated to win the HEC Intervarsity Zone ‘G’ Badminton Boys Championship 2020-21. IoBM defeated IBA (3-2) in the finals. The two-day event (February 17-18) was organized under the aegis of the HEC – Pakistan University Sports Board, Islamabad. The tournament, hosted by… Continue reading

Bayer’s Berocca Joins Hands with Quetta Gladiators asOfficial Energy Partner for HBL PSL 6

Karachi, February 17, 2021–Bayer’s leading Consumer Health brand, vitamin and mineral supplementBerocca, has signed on to become the Official Energy Partner for Quetta Gladiators in the upcoming Pakistan Super League (HBL PSL) season 6. A ceremony to mark the partnership was held on February 17 at a local hotel,at which… Continue reading