PSX wins best Islamic Stock Exchange award for 2nd Year
The Pakistan Stock Exchange (PSX) has won the Best Islamic Stock Exchange Award 2022, presented by Global Islamic Finance Awards (GIFA), for the second consecutive year. GIFA is an internationally acclaimed platform recognizing excellence in banking and finance in the Islamic world. Since 2011, the Awards have been presented to individuals, institutions and government departments…
Over Rs 48 billion disbursed among flood affectees so far: NFRCC
The National Flood Response and Coordination Centre (NFRCC) on Thursday informed that the government had disbursed some Rs 48.60 billion in lieu of emergency flood relief cash assistance of Rs 25,000 per household among 1,943,907 flood affectees so far. According to the NFRCC central dashboard highlighting the Flood Response Management 2022, the government had earmarked…
Chinese entrepreneurs united to invest SEZs in Punjab
Pakistan has one of the most free trade and investment regimes in the world and is likely the most free one in South Asia. The establishment of Special Economic Zones (SEZs) is a flagship initiative of the Pakistani government to attract Foreign Direct Investment (FDI). Pakistan attaches high importance to its trade and investment relations…
Pakistan, EU agree on multifaceted development cooperation
Pakistan and European Union (EU) have agreed on multifaceted development cooperation agenda in smart agriculture, economic growth, sustainable infrastructure, technical and vocational education, climate and green development, digital transformation, health, and several other sectors. The was unfolded during the 12th annual meeting of the sub-group on development cooperation of the Pakistan-EU Joint Commission at the…
Now ABHI lets you pay your utility bills before you get your salary
Have you ever found yourself stuck in a situation where you received your bills before you got your salary or had to bear the late fees because you got your salary after the due date was passed? Then ABHI has brought Pakistanis a unique solution, where they can pay their bill from their earned but…
e& International Delegation meets key government stakeholders
from Telecom & Privatization Sector
A high level delegation from e& International comprising of top management held meetings with Federal Secretary IT, Federal Secretary Privatization, and other key government stakeholders in Islamabad on Wednesday. The delegation led by CEO International, e&, Mikhail Gerchuk met with the Federal Secretary IT, Mohsin Mushtaq, Federal Secretary for Privatization, Dr. Iram A. Khan and…
Second Transparency Report Reaffirms Kuaishou International Business’ Commitment to Protecting Users
Kuaishou International Business (KSIB), parent business to leading short-form video platforms – Kwai and SnackVideo – released today their second Transparency Report covering from January 1st, 2022 to June 30th, 2022. Based on the results of the report, KSIB (Kwai/ SnackVideo) has set stricter Community Guidelines in order to further enhance protective measures taken by…
US Secretary of State Blinken defends sale of F-16 maintenance package to Pakistan
Antony Blinken, America’s top diplomat has stoutly defended the sale of F-16 aircraft maintenance package to Pakistan, as India’s External Affairs Minister S. Jaishankar, who had sharply criticized the Biden administration’s move a day earlier, listened silently while his US counterpart justified the deal, saying it was aimed at bolstering the country’s capacity to fight…
Consumers of 3G, 4G service reach 120 million
The number of 3G and 4G service users in Pakistan has significantly increased and reached 120 million by the end of August 2022. As per the details available on the official website of the PTA, the number of active mobile SIMs reached 195 million during the same period. The number of broadband subscribers reached 123…