The management of Lucky Cement is planning to set up a renewable energy project at its plant in Karachi. It… Read More
Pakistan’s Media Industry Likely to Attract $3 Billion Investment
Pakistan Electronic Media Regulatory Authority (PEMRA) issued several new licensees for Direct-to-Home (DTH), satellite TV channels, FM radios, and teleport… Read More
Pakistan Completes 26 CPEC Projects Worth $17 Billion
CPEC is a flagship and most actively implemented project of the Belt & Road Initiative (BRI) where Pakistan and China… Read More
Banks Assets Surge to All-time High at Rs. 30 Trillion in 2021
The banking sector exhibited a consistent performance with all major indicators touching all-time high marks including assets, deposits, financing and… Read More
Roshan Digital Account Inflows Drop to $189 Million in May
The inflows under Roshan Digital Account witnessed a lukewarm response in May with inflows standing at $189 million — a… Read More
HMMCL and Habib Metro Modaraba to Merge Operations to do Business as One Entity
Habib Metropolitan Modaraba Management Company (Private) Limited (HMMCL) and Habib Metro Modaraba (HMM) will merge operations to do business as… Read More
Pakistan Banks Association Opposes New Tax on Banks
Pakistan Banks Association (PBA) has urged the Federal Board of Revenue to avoid introducing additional or new taxes on the… Read More
BlueEx is Planning to Acquire Stake in Major E-Commerce Company
Universal Network Systems Limited (BlueEx) has planned to expand its footprint by acquiring stakes in a major e-commerce logistics, and… Read More
IT Industry to Fail in Achieving $3.5 Billion Exports Target Despite Good Growth
Despite a handsome growth of IT exports, the industry is set to miss potential exports worth $3.5 billion for the… Read More
SBP Launches Easy Data Portal Allowing Access to Economic Data Sets
The State Bank of Pakistan (SBP) has launched the Easy Data Portal which is accessible to all without any restrictions… Read More
Interest-based Banking Should be Replaced by Shariah-compliant System: Mufti Taqi Usmani
Renowned Muslim Scholar Mufti Taqi Usmani has urged the Islamic banking professionals and other stakeholders of financial institutions to replace… Read More
Aleem Khan’s Park View Enclave Interested in Acquiring Silk Bank’s Majority Stake
Silk Bank has attracted the interest of Aleem Khan’s Park View Enclave for the acquisition of 51 percent of its… Read More