Govt maintaining exchange reserves amid flood crisis: Miftah Ismail
Federal Minister for Finance and Revenue, Miftah Ismail said here Wednesday that Pakistan has been trying to maintain an optimum level of foreign exchange reserves amid flood damages to ensure exchange-rate stability and control inflation. During a meeting with a delegation of Coca Cola Icecek Pakistan, led by its General Manager, Ahmet Kursad Ertin, the…
Agha Steel’s Green steel to make Gulberg Mall
Agha Steel Industries Ltd. a renowned Steel manufacturing company in Pakistan has signed an accord with Gulberg Mall and Signature Living to solely supply Green Electric Arc Furnace Technology steel rebars to their mega project, making it Islamabad’s first eco-friendly Green Structure Project. Speaking at the event, Mr Zeeshan Ahmed (CEO Gulberg Mall and Signature…
Complaints against banks for not accepting Donations for Floods are misleading
It has been noticed that a few complaints have been circulating on social media platforms regarding non-acceptance of donations from general public in “CM Flood Relief Fund” of KP and Punjab. In this context, upon enquiry of SBP, concerned banks have informed that such complaints are baseless as they are accepting donations in the “CM…
UN chief to pay ‘solidarity’ visit to flood-hit Pakistan next week, Pakistan welcomes
United Nations Secretary-General Antonio Guterres will visit flood-battered Pakistan next week to see for himself the “tragic situation facing millions of men, women and children” in the worst impacted areas of the country. Pakistan’s UN Ambassador Munir Akram, who met the UN chief yesterday, and Asim Iftikhar Ahmed, the Foreign Office spokesman, welcomed the UN…
US announces $30 million aid for victims of deadly floods in Pakistan
The United States has announced $30 million in humanitarian aid to Pakistan where the worst-ever floods have killed more than 1,000 people and displaced some 33 million. Through its National Disaster Management Authority, the Pakistani Government – which has declared a national emergency – is leading the response in coordinating assessments and directing humanitarian relief…
PM appreciates EU’s support of 2.15 million Euros for flood affectees
Prime Minister Muhammad Shehbaz Sharif on Tuesday received a telephone call from Charles Michel, President of the European Council. The President of European Council offered his condolences on the loss of precious lives and material damage as a result of devastating floods in Pakistan. The Prime Minister thanked the EU President for his expression of…
Importers of onion,tomatoes to be facilitated for ensuring price stability
The government has decided to facilitate the importers of onion and tomatoes in order to keep smooth supplies of the commodities and sustainably of prices in local markets. The decision to this effect was taken in a meeting held Ministry of National Food Security and Research (MNFSR), and decided that the ministry will issue import permits…
UPaisa expands measures to help flood victims across Pakistan
In continuing its support during these challenging times, UPaisa is offering flood relief support to vulnerable communities by enabling its subscribers to make direct donations to a host of organizations participating in relief efforts. UPaisa customers have the freedom to choose from a list of aid organizations which they can access by logging in to…
TPL Insurance focuses on making travel insurance easy and accessible
Every year thousands of Muslims travel to holy lands for Hajj, Umrah, and Ziarat. What worries many pilgrims are emergencies which may happen in a foreign land, and this is valid stress because so much can go wrong during travelling. From losing passports and important documents to medical emergencies, any type of crisis or unforeseen…
PTCL Group Pledges 1.75 billion to Support Flood Affectees
PTCL Group, country’s largest telecom services provider, has come forward to aid communities affected by floods across various provinces of Pakistan through a relief package worth PKR 1.75 billion. The package includes donation to the Prime Minister’s Relief Fund, NGOs, provision of free calls in flood affected areas, housing loans to displaced people and medical…