ECC approves bids for import of 580,000 MT wheat
The Economic Coordination Committee (ECC) of the cabinet approved lowest bids of two companies for import of 580,000 metric tons wheat through Karachi and Gwadar ports. Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the meeting, according to press statement issued by the finance ministry here. Keeping in view results of…
Adil Aziz
Govt releases Rs 494.97 Million for 15 aviation sector projects
The government has so far released funds amounting to Rs 494.97 million, under the Public Sector Development Programme (PSDP 2022-23) against total allocation of Rs2.484 billion to execute 15 different projects and schemes aimed at ensuring improved aviation sector services in the country. Out of the total authorization/disbursement of Rs 494.97 million, around Rs 360.48…
Pakistan to get crude oil, petrol, diesel from Russia on discounted price: Musadiq
Minister of State for Petroleum Dr Musadik Malik termed his recent visit to Russia ‘very successful’ as the host country, in principle, had decided to provide crude oil, refined petrol and diesel to Pakistan at a discounted rate. “In addition, negotiations with private sector companies of Russia have been initiated for procurement of Liquefied Natural Gas…
Effective measures likely to eradicate polio from Pakistan by 2023: UNICEF
A senior UNICEF official said the polio program in Pakistan was back on track and hoped that the crippling disease will be eradicated from the country by end of 2023 following effective measures to check its spread. Regional Director for South Asia George Laryea-Adjei said the current data suggested that virus was now under control…
Global food prices overall hold steady in November: FAO
World food commodity prices remained largely steady in November, with declining international prices of cereals, meat and dairy products offsetting increasing quotations for vegetable oils and sugar, according to the Food and Agriculture Organization of the United Nations (FAO), a Rome-based UN agency. The FAO Food Price Index, which tracks monthly changes in the international…
Pakistan: Sindh CM celebrates Sindhi Culture Day with students
Karachi: Sindh Chief Minister, Syed Murad Ali Shah, on Saturday went to a school in Karachi to spend time with the students to celebrate the annual Sindhi Culture Day. Shah cut the ribbon to formally inaugurate the exhibition at the premises of St Paul’s High School, for showcasing the rich cultural heritage of the people…
KSA extends term for a $3 billion deposit in the State Bank of Pakistan through SFD in support of the Pakistani economy
In implementation of the directives of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud – may Allah protect him; the Saudi Fund for Development (SFD) extended the term for the deposit provided by the Kingdom of Saudi Arabia in the amount of 3 billion dollars to the State Bank of…
Conference on Role of Banking Sector in Business and Economic Growth of Pakistan
National Institute of Banking and Finance (NIBAF) in collaboration with the Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) conducted a conference on “Role of the Banking Sector in Business and Economic Growth of Pakistan” on December 2nd, 2022 at Marriott Hotel, Karachi. This full day event focused on the emerging challenges, opportunities…
Top Five Most-Streamed Pakistani Women Artists on Spotify Wrapped This Year
From ‘Pasoori’ famed Shae Gill to Momina Mustehsan and the ‘Global Mystic Sufi Ambassador’ Abida Parveen, women musicians have garnered immense love from listeners throughout 2022
Faysal Bank and Bank of Khyber, partner to offer Innovative Financial & Digital Payment Services
Faysal Bank Limited (FBL) and Bank of Khyber have partnered to launch a suite of digital financial services featuring virtual & debit card services along with added digital payment solutions. Faysal Bank through its Fintech Express Program is driven by creating partnerships with Banks and Fintech to further encourage State Bank of Pakistan’s (SBP) financial…