The State Bank of Pakistan is likely to devise its banking policy for setting up formal banking channels between Iran… Read More
Banking Sector Records a Profit of 22% in 2015
The profit after tax of the banking sector for 2015 reached Rs 199 billion, around 22 percent up from Rs… Read More
Breaking: Dunya Media Group Buys WorldCall
Dunya Group has bought 70% shares in WorldCall from Omantel for an undisclosed amount, we have checked with sources who were part of… Read More
PTCL Turns to Profit in 2015
PTCL Group recorded a profit of Rs 1.86 billion during FY2015, 52% percent lower than of what it profited during… Read More
Nauman K Dar Reappointed as President and CEO of HBL
The board of directors of Habib Bank Limited has confirmed re-appointment of Mr. Nauman K Dar as President and CEO… Read More
Taxes Are Hindering Broadband Adoption in Pakistan: SBP
Earlier this month, the World Bank ranked Pakistan as having the fourth highest offline population in the world after India,… Read More
Silk Bank Gets SBP Nod to Receive Investment from Gourmet Group
State Bank of Pakistan has given green signal to Silk Bank to receive an investment from Gourmet Group for 12.05 percent… Read More
Indus Motor Increases Car Prices
Indus Motor, the maker of Toyota brands in Pakistan, has made upward revision in the prices of its different variants… Read More
Zong to Invest USD 1 Billion in Next Two Years: Deputy CEO
‘Zong will invest $ 1 billion in next two years as part of its network expansion plan for rolling out… Read More
Telecom Operators Don’t Participate In CSR Activities: Ahsan Iqbal
The Federal Government under Pakistan Muslim League (N) and the provincial government of Punjab are not satisfied with the telecom… Read More
GE to Invest $50 Million to Set Up Technology & Digital Center in Pakistan
GE has announced that it’s going to invest $50 million in Pakistan to set up a first of its kind… Read More
NAB Convicts Syed Altaf Hussain in Rs. 13 Million Ufone Scam
Doing business in Pakistan is extremely difficult for telecom operators, not only because of tough regulations and high taxes but… Read More
