PM confident his UAE visit to turn bilateral ties into strategic partnership
Prime Minister Shehbaz Sharif said his visit to the United Arab Emirates (UAE) would help turn the bilateral relations between the two countries into a strategic partnership. Talking to a delegation of the Pakistan Business Council in UAE, the prime minister termed as successful his meetings with the UAE leadership. Shehbaz Sharif expressed satisfaction that the…
Adil Aziz
Pakistan planning to start local manufacturing of SIMs
Pakistan is planning to start local manufacturing of SIMs and smart cards for protecting the country from the threat of cyber-attacks, creating employment opportunities and saving precious foreign exchange. “Pakistan is planning to start local manufacturing of SIMs and smart cards to shield the country from the threat of cyber-attacks amid a brewing cyber war,”…
Pakistan’s first electronic bus service launched in Karachi
Pakistan’s first electronic bus service started plying on the roads of Karachi on Friday with the launch of People’s EV Bus Service. Sindh Minister for Information, Transport and Mass Transit Sharjeel Inam Memon, along with Local Government Minister Syed Nasir Hussain Shah, and Labour Minister Saeed Ghan, inaugurated the first route of the PBS electronic…
S&P Global sponsored Mega Coding Competition Concludes at LUMS
Lahore University of Management Sciences (LUMS), held a two-day technology event in collaboration with Institute of Electrical and Electronics Engineers bracket (IEEE) Society, titled CodinGuru 5.0. in partnership with S&P Global Pakistan. This competition aimed to improve the tech quotient of the students and encourage ambitious and skilled coders to enhance their abilities. Senior Director…
Tetra Pak supports Islamabad United as nutrition partner for the fifth year
Tetra Pak Pakistan announced the renewal of their partnership with Islamabad United as its official nutrition partner during the upcoming season 8 of the Pakistan Super League (PSL), scheduled to kick off on February 13. The agreement was signed during a special ceremony hosted by the Pakistan Cricket Board (PCB) in Lahore on January 12,…
SECP registers 2,374 new companies in December 2022
The Securities and Exchange Commission of Pakistan (SECP) registered 2,374 new companies in December 2022. The total number of registered companies now stands at 183,744. The total capitalization (paid-up-capital) of these companies for the current month stands at Rs 4.1 billion. Foreign investment has been reported in 85 new companies. These companies have foreign investors…
Pakistan, Saudi Arabia sign agreement to finance oil derivatives worth $1 Billion
Pakistan and the Kingdom of Saudi Arabia (KSA) signed an agreement to finance oil derivatives worth $1 billion. The agreement was inked by Secretary Economic Affairs Dr Kazem Niaz, and Chief Executive Officer (CEO) of the Saudi Fund for Development Sultan bin Abdulrahman Al-Murshed, an Economic Affairs Ministry news release said. Dr Kazem Niaz, on…
Easypaisa, Faysal Funds collaborate to bring fully digital investment journey
Easypaisa, Pakistan’s leading digital payments platform has partnered with Faysal Funds (Faysal Asset Management Limited), one of the fastest-growing Asset Management Companies in the industry, with an aim to boost the collective vision of financially empowering all Pakistanis, especially when it comes to investments and saving for their future. This collaboration will open new avenues…
UAE agrees to roll over existing loan of $2 Billion, provide $1 Billion additional loan to Pakistan
Prime Minister Shehbaz Sharif met the UAE President Sheikh Mohamed bin Zayed Al Nahyan wherein the latter agreed to roll over the existing loan of US$ 2 billion and provide US$ 1 billion additional loan. In the meeting took place in Abu Dhabi during prime minister’s two-day visit, both sides agreed to deepen the investment…
Government urged to pursue long term strategy to ensure double digit growth
Chairman United Business Group of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Shahzad Ali Malik said Pakistan needs a sustainable double digit annual growth rate for sound economy and a long term result oriented strategy that can propel into such a high trajectory of growth. Chairing a high level meeting of top…