Mcdonald’s, a global chain of fast food, has engaged a local company Al-Shaheer Corporation Ltd (ASC) for purchasing various beef… Read More
Remittances Recede by 3.2% in First Two Months of Current Fiscal
Overseas Pakistanis sent remittances of $2.7 billion in August 2022, which is 7.9 percent higher compared to the previous month… Read More
Roshan Digital Accounts Record Lowest Inflows Since March 2021
Roshan Digital Accounts (RDA) received inflows of $187 million in August from overseas Pakistanis, while 15,388 news accounts were opened… Read More
SBP Grants Checkout Ltd. In-Principle Approval to Operate as EMI
State Bank of Pakistan (SBP) has granted in-principle approval to Checkout Pvt Ltd. to operate as an Electronic Money Institution… Read More
Renewable Energy Will Mitigate Load-Shedding & Costly Electricity: ex-Finance Minister
Former Finance Minister, Dr. Shamshad Akhtar, criticized insufficient financial cooperation extended by leading greenhouse gas emitters to climate change vulnerable… Read More
AirSial to Add Two Aircraft for its International Operations This Month
AirSial will add two aircraft to its fleet this month to commence its international operations from Pakistan to different countries.… Read More
Faysal Bank to Become a Full-Fledged Islamic Bank From 2023
Faysal Bank Limited will operate as a full-fledged Islamic bank from 2023 as its management has converted more than 90… Read More
SBP Ask Banks to Facilitate Customers for Flood Relief Donations
The State Bank of Pakistan (SBP) has asked banks’ customers to lodge their complaints against banks in case they are… Read More
BankIslami Registers 24% Profit Growth in H1 2022
BankIslami Limited has reported a profit after tax (PAT) amounting to Rs. 1.436 billion for the half year ended June… Read More
MCB Bank No Longer Wants to Acquire Telenor Microfinance Bank
The management of MCB Bank has decided not to pursue its interest in the acquisition of a major shareholding either… Read More
Roshan Digital Account Inflows Surge to Nearly $5 Billion in Under 2 Years
Roshan Digital Account inflows have surged to over $4.95 billion through 452,821 accounts of overseas Pakistanis from 175 countries in… Read More
Lucky Cement To Buyback 10 Million Shares
Lucky Cement plans to buy back its 10 million shares from shareholders at the face value of Rs. 10 per… Read More