Sindh Bank and Summit Bank shareholders have approved the merger of both entities. Sindh Cabinet will now consider the proposal in… Read More
Hajj Pilgrims Stuck in Saudi Arabia After CAA Cancelled Shaheen Air’s Hajj Operations [Updated]
Update: The Civil Aviation Authority (CAA) has restored the RPT license of Shaheen Air International (SAI) allowing it to resume its hajj… Read More
IESCO Tops NEPRA’s Performance Evaluation Rankings
National Electric Power Regulatory Authority (NEPRA) has declared Islamabad Electric Supply Company (IESCO) as the best performing distribution company among… Read More
Federal Cabinet Sacks President NBP Due to Money Laundering Allegations
Federal Cabinet has ordered to sack the Chairman and President National Bank of Pakistan (NBP), Saeed Ahmed, after allegations of… Read More
Shaheen Air Finally Allowed to Resume Operations After Bank Guarantee
Federal Board of Revenue (FBR) has sealed the head office of Shaheen Air International (SAI) after the airline provided a bank… Read More
PIA’s CFO Gets Demoted Following Financial Dept’s Complaint to BoD
The National Flag Carrier, Pakistan International Airlines (PIA), is once again facing a management crisis. The airline’s finance department revolted… Read More
Senior Management Discloses Details About Summit Bank’s Merger With Sindh Bank
Summit Bank will merge into Sindh Bank by the end of September 2018. After the merger, paid-up capital of Sindh Bank… Read More
AGP Finds Serious Irregularities in Govt Funding Towards PIA
Auditor General of Pakistan (AGP) has pointed out serious discrepancies in the government’s bailout and guarantee loans provided to Pakistan International… Read More
Hisense Officially Enters Pakistani Market With Its Locally Produced LED & Laser TVs
Chinese LED TV manufacturer, Hisense, has announced to start its production and sales in Pakistan. Tri-Angels Electronics established its first… Read More
PIA Blames Paris Airport for the Delayed Flight Scandal
Pakistan International Airlines (PIA) has blamed Paris Airport, Air Traffic Control (ATC) on not providing the clearance on time. The… Read More
Summit Bank to Take Legal Actions Against Anyone Spreading Rumors About its Closure
Summit Bank has revealed that its operations are being carried out normally and SBP isn’t shutting down its general banking… Read More
PIA Saves $1 Million Refurbishing an A-320 Aircraft In-House [Pictures]
Pakistan International Airlines (PIA) Engineering & Maintenance department has achieved a noticeable milestone and successfully completed heavy maintenance visit (HMV)… Read More