realme Band 2: The Ultimate Lifestyle Companion for All Your Fitness Goals
The stylish accessory has all the tools you need to track and improve your health and exercise performance realme is known for sitting on the cutting edge of the tech world, constantly introducing high-end premium features in highly economical price segments for its line of smartphones. This commitment to being a tech democratizer trickles through…
Adil Aziz
MCB Bank declares Rs31.1 billion annual profit
The MCB Bank net profit showed a growth of 6 per cent to Rs31.1 billion for the year 2021, compared with the earnings of Rs29.56 in the preceding year, a bourse filing said. Analysts at Arif Habib Limited said that the earnings increased on a year-on-year basis on the back of reversals in provisioning charges…
Pakistan’s businessmen to play role in promoting trade with Indonesia: Indonesian Envoy
Ambassador of the Republic of Indonesia to Pakistan, Adam Mulawarman Tugio on Thursday said that Pakistani businessmen should play their due role in promoting trade and investment in emerging Association of South East Asian Nations (ASEAN) markets like Indonesia. In the US$ 1 trillion annual Gross Domestic Product (GDP) market of Indonesia, there are ample…
K-3 nuclear power plant likely to achieve COD by March
Pakistan’s 7th Nuclear Power Plant formally known as K-3 is expected to achieve Commercial Operation Date (COD) on March 2022. Sources said here that with the commissioning of K-3 and decommissioning of K-1, the total installed capacity of six nuclear power plants would become 3620MW. The power plant being set up at Karachi is in…
Bank AL Habib declares Rs. 18.70 billion profit after tax
The Board of Directors of Bank AL Habib Limited (the Bank) announced the Bank’s financial results for the year ended 31 December 2021 and proposed 70 percent cash dividend. The Bank posted profit after taxation of Rs. 18.70 billion i.e. an increase of 5.00 percent compared to the previous year. The Bank’s profit before tax…
Mobilink Microfinance Bank becomes first Microfinance Institution to secure EFP Membership
Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has become the first microfinance institution to secure membership of the Employers Federation of Pakistan (EFP), an apex body of employers in Pakistan that spearheads the private sector in matters of employment, industrial relations, social and economic policy. EFP is also a member of the International…
SECP geared towards creating an investment friendly ecosystem for ETFs
The SECP Chairman Aamir Khan said that the SECP is geared towards creating an investment friendly ecosystem, through use of technology for enhancing the market depth, liquidity and outreach, with particular emphasis on increasing the number of investors in our capital markets. Khan was addressing a webinar on “ETFs- an Attractive Avenue of Investment”, organized…
Spices’ export increase 26.67% to $52.518m in 6 months
The exports of spices from the country witnessed an increase of 26.67 percent during the first six months of financial year (2021-22) as compared to the corresponding period of last year. Pakistan exported spices worth US $52.518 million during July-December (2021-22) as compared to the exports of US $41.462 million during July- December (2020-21), showing…
Whatsapp brings global Voice Note Player for Desktop Users
The Meta-owned popular messaging platform WhatsApp has rolled out a new global voice note player that lets users keep listening to voice notes in the background. This feature has been made available for both the iOS and desktop users. According to WABetainfo, a website that tracks WhatsApp updates, the feature enables users to listen to…
G-77 urges push towards debt sustainability, food security and sustainable development
Pakistan’s UN Ambassador Munir Akram, in his capacity as the Group of 77 Chairman, has called for mobilization of resources to enable the pandemic-hit developing countries to eradicate poverty and hunger and achieve the Sustainable Development Goals (SDGs). “Unprecedented times call for an unprecedented response from the international community based on the principles of responsibility…