Mobilink Microfinance Bank, CBA partner to promote access to digital financial solutions for underserved segments
Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), and CBA, a leading digital distribution platform working to promote micro-entrepreneurship in Pakistan, have joined hands to increase peoples’ access to premium digital financial services across the nation. This partnership will strengthen access to financial products and services through digital platforms and improve financial literacy. Chief…
Adil Aziz
Structural reforms a prime focus of government: Miftah
Federal Minister for Finance, Miftah Ismail said here on Thursday that the government was primarily focusing on effective structural reforms for cultivation of sustainable and inclusive economic growth in the country. During a meeting with Asian Development Bank’s Ex-Country Director and Chief Thematic Officer in ADB’s Sustainable Development and Climate Change Department, Ms. Xiaohong Yang,…
President urges insurance sector to upgrade digital means, involve Ulema to motivate masses
President Dr Arif Alvi on Thursday urged the public and private insurance companies to advance the use of digital knowledge as per international standards to ensure maximum risk distribution. He also proposed the companies on involving the Ulema (religious leaders) with an aim to encourage people and spread knowledge about the Islamic Takaful (insurance). Addressing…
Ufone 4G gets global recognition for its superior 4G services
Pakistani telecom company, Ufone 4G has been recognized as the superior 4G services provider in Pakistan by Opensignal, a leading global analytics company specializing in quantifying the users’ mobile network experience. Ufone 4G outdid other operators in several indicators of the ‘Overall Experience’ under the 4G subset as per the global analyst’s insight’s report ‘Pakistan…
Rupee rebounds against dollar on positive IMF news
The Pakistan rupee on Wednesday took a big jump of Rs 9.59 against the US dollar in the interbank trading and closed at Rs 228.79 against the previous day’s closing of Rs 238.38. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market were recorded at…
PSX stays bullish by gaining 877 points
The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with stayed bullish trend on Wednesday, gaining 877.26 points, a positive change of 2.18 percent, closing at 41,068.87 points against 40,191.61 points on the last working day. A total of 333,028,028 shares were traded during the day compared to the trade of 217,504,902 shares the…
Jalta Hai Kashmir: MOFA airs the teaser of song in commemoration of Youm-e-Istehsal Kashmir
Ministry of Foreign Affairs has released the teaser of song ‘Jalta Hai Kashmir’, which will be aired on August 5, to expose the atrocities of Indian army in Kashmir and show solidarity with Kashmiris against the Illegal occupation by India. To mark the third year of Indian military siege of IIOJK and denounce illegal, immoral…
Norwegian companies can benefit from Pakistani IT expertise: Amin-Ul-Haque
Minister for Information Technology and Telecommunication Syed Amin-Ul-Haque on Wednesday said Norwegian companies can benefit from Pakistani IT expertise and geographic location in the IT sector. In a meeting with Ambassador of Norway to Pakistan Per Albert Ilsaas who called on him here, the minister exchanged views on matters of mutual interest and highlighted Pakistan’s…
SBP management visits OICCI for interactive session with members
The Overseas Investment Chamber of Commerce and Industry (OICCI) members met with Dr. Murtaza Syed, Acting Governor, State Bank of Pakistan (SBP), Dr. Inayat Hussain, Deputy Governor, SBP and Sima Kamil, Deputy Governor, SBP for a discussion on urgent fiscal and monetary policy measures to help stabilize economy. Ghias Khan, President OICCI and Abdul Aleem,…
Efforts on to further boost Pak-UAE cooperation
Federal Minister for Finance & Revenue, Miftah Ismail here on Tuesday highlighted that the incumbent government was focusing on various new avenues of mutual interest to extend the existing bilateral relations between Pakistan and United Arab Emirates (UAE) to a new level. The minister was talking to Ambassador of the United Arab Emirates, Hamad Obaid…