Mobilink Microfinance Bank Promotes Financial Inclusion and Supports Farmers with Programmes to Drive Economic Prosperity in Pakistan
Mobilink Microfinance Bank Limited, VEON’s financial services arm and the largest digital bank in Pakistan, launched three major microfinance initiatives as part of its continuing efforts to financially empower women entrepreneurs and to support small and medium-sized farmers in the country. The initiatives were formally launched by VEON Group CEO, Kaan Terzioglu, during his recent…
Adil Aziz
Tea cultivation needs govt attention to save foreign exchange
Hazara and Malakand divisions are blessed with different ecological zones, salinity free lands and better climate conditions, making it suitable for tea cultivation. The initial work on tea cultivation was started in 1958 in the country and later a project was launched through Pakistan Agriculture Research Institute in 1976 that led to establishment of (NTHRT)…
Pakistan and Azerbaijan enhance bilateral cooperation in diverse areas including trade, energy and defence
Prime Minister Muhammad Shehbaz Sharif and President of Azerbaijan Ilham Aliyev on Friday expressed their mutual resolve to enhance bilateral cooperation in diverse areas including trade, energy and defence. In a meeting held on the sidelines of Shanghai Cooperation Organization’s Heads of State meeting in Samarkand, the two side also emphasized strengthening the links in…
POL import bill up by 6.97% to $3.3 billion in 2 months
The imports of overall petroleum group witnessed an increase of 6.97 percent during the first two months of the current fiscal year (2022-23) as compared to the corresponding period of the last year During the period under review, the total imports of the petroleum group during July-August (2022-23) stood at $3,302.159 million, as against the…
“Sarsabz Paagh” award recognizes top-performing dealers
In our region, a turban or “paagh” is considered a symbol of honor. Accordingly, Fatima Fertilizer invited 180 of its top performing dealers from all over Pakistan to attend a special awards ceremony held in recognition of their outstanding performance and support to the company. The awards were associated with the title of “Sarsabz Paagh”…
Emirates and United Expand Market Presence Through New Agreement
Emirates customers to connect on United to nearly 200 new cities in the Americas, through Chicago, San Francisco and Houston Emirates and United announced a historic commercial agreement today that will enhance each airline’s network and give their customers easier access to hundreds of new destinations* within the United States and around the world. From…
Textile exports increase by 4.18% in two months, 7.7% in August
The textile exports were recorded at $3,056.387 million in July-August (FY2022-23) against the exports of $2,933.739 million during the corresponding period of last year 22) The exports of textile commodities increased by 4.18 percent during the first two months of the current fiscal year as compared to the corresponding month of last year. The textile…
GSP+ impacts positive in Pakistan with exports to EU rising by 82%
The outcomes of Pakistan’s GSP+ status conferred by the European Union (EU) has started bearing positive outcomes amid growing exports to the EU by 82% whereas the trade incentive scheme would be revised soon with increase in demand on compliance of international conventions. Head of Rural Development and Economic Cooperation, European Union Delegation Dr Stephen…
UN chief urges world leaders to boost efforts to fight climate crisis
As many heads of state and government, including Pakistan’s Premier Shehbaz Sharif, prepare to come to New York for the General Debate of the new General Assembly, UN Secretary-General Antonio Guterres has urged them to bring hope to a fractured world, and increase efforts to fight the climate crisis. At a press conference in New…
UAE wants enhanced business and investment relations with Pakistan
The United Arab Emirates (UAE) wants enhanced business and investment relations with Pakistan in order to complement the economy of each other and achieve mutually beneficial results. UAE also want to have more investors of Pakistan to invest in its economic zones and would encourage its investors to explore Pakistan for business and investment opportunities….