The government has planned to raise funds worth Rs. 100 billion through the auction of Government Ijara Sukuk against three… Read More
SBP Restricts Bank Financing of Cars Over 1000 CC and Imported Cars
The State Bank of Pakistan has tightened the rules and regulations of auto financing for consumers to get cars of… Read More
Apple Authorizes Airlink to Resell its Products in Pakistan
Airlink Communication Limited has entered into an agreement to resell Apple-branded products in Pakistan as an Apple Authorized Reseller. According… Read More
Japan-based Steel Giant Invests Rs. 1.148 Billion in Pakistan’s Aisha Steel Mills Ltd
A Japanese Company, Marubeni-Itochu Steel Inc. (MISI), has made an investment of Rs. 1.148 billion in Pakistan’s steel producer, Aisha… Read More
Pakistan IT Exports Surged to $420 Million in July-August 2021
Exports of the Information and Communication Technology sector are growing significantly and increased by 46 percent between July and August… Read More
Resident Pakistanis Can Now Open Bank Accounts Remotely
Following the success of the Roshan Digital Account framework, the State Bank of Pakistan (SBP) has now devised a ‘Customers’… Read More
Bank Al-Habib to Shut Down its Branch in Seychelles
Bank Al-Habib has decided to reduce its foreign footprint, as it is all set to close its wholesale branch operations… Read More
Banks Approves Around Rs. 60 Billion for Low-cost Mera Pakistan Mera Ghar Housing Scheme
Mera Pakistan Mera Ghar (MPMG), the government’s markup subsidy housing scheme, has picked up the pace as the country’s commercial… Read More
SBP Issues Guidelines To Promote Housing Finance for Under-Construction Housing Projects
The State Bank of Pakistan has issued guidelines for banks and DFIs that will allow buyers to purchase housing units… Read More
Pakistani Consortium Acquires Exploration Rights in Abu Dhabi Offshore Block
A Pakistani consortium has been awarded exploration rights for an offshore block by Abu Dhabi National Oil Company (ADNOC) at… Read More
SBP Opens Up New Investment Options For Overseas Pakistanis
State Bank of Pakistan (SBP) has introduced various options to overseas Pakistanis to invest in Pakistan, mainly in listed and… Read More
Systems Ltd Records Major Increase in Profits for H1 2021
Pakistan’s oldest software house Systems Limited has announced its financial results for the first half of 2021. Systems Limited has… Read More
