Rise in Temperature is Causing Surge in Power Demand: KE Spokesperson
Director Communications and Spokesperson K-Electric Imran Rana clarified that the current heatwave conditions across the country were driving a surge in electricity demand. He stated “While K-Electric is undertaking all possible measures to manage the current situation, the company may have to undertake load management in some areas to bridge the gap between demand and…
Adil Aziz
PM stresses simplified banking system to facilitate consumers
Prime Minister Shahbaz Sharif on Monday stressed simplifying the process of the banking system and making it easier in order to facilitate consumers. The prime minister stated this in a meeting with Finance Minister Miftah Ismail, which was also attended by President Habib Bank Muhammad Aurangzeb, Chief Secretary Punjab, and other senior officials. PM Sharif…
AAA Associates to Organize Three Day Exclusive Property Expo 2022 in Quetta
AAA Associates, a prominent name in the real estate sector of Pakistan is organizing a 3-day Exclusive Property Expo 2022 in Quetta. The Expo is taking place from 13 to 15th May at Serena Hotel in Quetta. The Expo will exhibit AAA Associates’ projects for investors to avail the opportunity, to invest in some of…
Pakistan has potential to capture share in $3 trillion halal industry
The strict compliance of certification can help Pakistan to take halal products exports to US $5 to 6 billion annually and capture a sizeable share in the $3 trillion world halal food industry. Speaking at a Round Table Conference on “How to boost halal food exports?” Meher Kashif Younis former senior Vice President Lahore Chamber…
KE’s profitability severly impacted due to Mid Term Review decision and severe devaluation of Pakistani Rupee
Driven by continued and targeted investments of PKR36.99 Billion across the power value chain, key operational indicators showed positive growth over comparative period. However, despite showing consistent improvement in reduction of transmission and distribution losses of 1.5%, and driving an increase in the units sent out by 2.8%, KE’s net profitability declined by 84% to…
Bank Alfalah partners with Jubilee Life Insurance for 24×7 Cash Collection through largest CDM Network of Pakistan
Bank Alfalah Limited (BAFL), the country’s leading financial institution and Jubilee Life Insurance Company Limited (JLICL), Pakistan biggest private sector insurer have come together, and signed an MOU for round the clock cash collection through Bank Alfalah CDM network. The signing ceremony was held at Bank Alfalah’s Head Office in Karachi. With the help of…
Emirates Boarding Pass Unlocks More Offers in Dubai for Summer 2022
Your Emirates boarding pass is more than a travel document or travel keepsake, it is also the key to the coolest deals in Dubai this summer! For five months starting May 01 to September 30, Emirates is unlocking even more offers for all its customers arriving in or stopping over in Dubai with its My…
Pakistan export to China up nearly 17 percent in first quarter
Pakistan’s export to China crossed $ 1.039 billion in the first quarter of 2022, recording a nearly 17% increase from January to March this year, as per General Administration of Customs of the People Republic of China (GACC). According to data from GACC, in the first three months of this year, China’s exports to Pakistan…
Rs 78,544.13 million disbursed for water sector projects so far
The government has disbursed a sum of Rs 78,544.13 million, out of total allocation of Rs 102,472.69 million for various water sector projects under Annual Public Sector Development Programme for year 2021-22 so far. According to Planning Commission data, out of disbursed amount, local component stood at Rs 64,198.88 million while Rs 14,354.24 million received…
Dr. Murtaza Syed assumes position of Acting Governor
In light of Section 10(2) of the State Bank of Pakistan (SBP) Act 1956 (amended), Dr. Murtaza Syed, being the senior most Deputy Governor, has assumed the position of Acting Governor SBP, with effect from May 5, 2022. It may be mentioned here that the term of Dr. Reza Baqir (former Governor SBP) ended on…