Engro hosts the 2nd edition of talks@engro on IWD focusing on “Embracing Equity”
As a homegrown Company with a legacy of nearly six decades, Engro is committed to fulfilling its undeniable responsibility to help unleash Pakistan’s potential. The second talks@engro event was held to mark the International Women’s Day (IWD) and inspire positive action towards a more equitable future. The event featured thought leaders, change makers and futurists,…
Adil Aziz
Agriculture credit disbursement up by 28.3% in 7 months
The agriculture credit disbursement increased by 28.3 percent during the first seven months of the current fiscal year as compared to the corresponding period of last year, finance ministry said in a recent report. During July-January (2022-23), the agriculture disbursement stood at Rs.949.9 billion against the disbursement of Rs.740.3 billion during July-January (2021-22), showing a…
e& reports a record 7.4% growth in consolidated net profit to AED 10.0 billion in FY 2022
Board proposes dividend of AED 0.40 per share for H2 2022, representing a total dividend of AED 0.80 per share for FY 2022 e& today announced its consolidated financial results for fiscal year 2022 reporting an impressive growth in consolidated net profit by a record 7.4 per cent to AED 10.0 billion. Consolidated revenues reached…
Twitter suffers major outage disabling external links
TWITTER on Monday suffered a major outage with users worldwide reporting they could no longer read links to articles from outside websites. “Some parts of Twitter may not be working as expected right now,” the company’s tech support account said in a tweet, blaming the problem on “unintended consequences” from an update to the platform….
ECC approves Hajj Policy 2023 with foreign exchange cover of $90 Million
The Economic Coordination Committee (ECC) of the cabinet approved Hajj Policy and agreed to provide foreign exchange cover of US$90 million. The summary to this effect was presented by Ministry of Religious Affairs and Interfaith Harmony before the cabinet committee, the meeting of which was chaired by Federal Minister for Finance and Revenue, Senator Mohammad…
PTCL Group organizes Corporate Golf Tournament under its Business Solutions arm
PTCL Ufone 4G Business Solutions organized a successful corporate golf tournament held at Islamabad Club over the weekend. The event provided a platform for relationship-building and corporate networking among business leaders and professionals from various industries. His Excellency Hamad Obaid Ibrahim Salem Al-Zaabi, the Ambassador of the United Arab Emirates to Pakistan, graced the event…
TPL Insurance (WTO) and Takaful Bazaar Partner to Offer Shariah Compliant Services
TPL Insurance Limited – Window Takaful Operations (WTO), one of the leading insurance providers in Pakistan, has partnered with Takaful Bazaar, an upcoming Takaful digital platform, to offer shariah-compliant services to customers. The partnership aims to promote and offer Shariah Compliant products and smooth the customer handling journey via technology en-ablement. At an exclusive event…
MMBL and CASH1 join hands to boost Financial Inclusion in remote areas
Mobilink Microfinance Bank Ltd. (MMBL) has taken another step towards expanding its reach across Pakistan by partnering with CASH1 – owned by Webdnaworks Private Limited. Webdnaworks is the pioneer of Independent ATM deployment and operations in Pakistan and is the first non-banking entity to get the State Bank of Pakistan’s license of Payment Service Operator…
PTDC to showcase Pakistan’s tourism potential in ITB Berlin 2023
Pakistan is all set to showcase its rich tourism potential in the three-day mega tourism event titled “ITB Berlin 2023”, to be held from March 07-09 at Berlin Expo Center City, Germany. Pakistan Tourism Development Cooperation (PTDC) along with other provincial and regional partners will showcase Pakistan’s rich tourism potential in the event. ITB (Internationale…
Pakistan has to give assurances on financing BOP deficit: IMF
Pakistan has completed almost all of the prior actions except for the external financing requirement the IMF wanted it to for clearing US$1.1 billion in disbursements under the US$6.5 billion Extended Fund Facility agreed in 2019. PAKISTAN will be required to give an assurance that its balance of payments (BOP) deficit is fully financed for…