MAJU hosts a seminar on IMF Program
Mohammad Ali Jinnah University (MAJU) recently hosted a seminar on Pakistan’s economic situation and the latest agreement with the International Monetary Fund (IMF) at the campus.
Speaking at a seminar, Director at the Center for Excellence in Islamic Finance (CEIF)-IBA Ahmed Siddiqui underscored the crucial role of the IMF in stabilizing the country’s current account and the option of utilizing the international lender’s Islamic financing program.
Adil Aziz
Pakistan retains position in FTSE secondary emerging market
Financial Times Stock Exchange (FTSE) Russell, a leading global index provider has kept Pakistan’s status as a secondary emerging market.
Jazz partners with Huawei to boost network capacity
Jazz, Pakistan’s leading digital operator, has partnered with Huawei to elevate its long-haul network to a groundbreaking 400G per wavelength capacity with the deployment of C+L band systems, a first-of-its-kind for Long Haul Backbone network deployment in Pakistan.
Qatar Fund keen to increase footprint in Pakistan’s power, housing sectors
Chief Executive Officer, Qatar Fund for Development (QFFD), Khalifa bin Jassem Al-Kuwari showed his interest in increasing the footprint of the fund in Pakistan’s power generation and housing sectors.
Easypaisa, Unilever’s Knorr join hands to transform digital payments landscape
Easypaisa, Pakistan’s leading digital financial services platform, and Knorr, Unilever’s biggest food brand, have joined forces to revolutionize the digital payments landscape in the country.
Pak- Belarus bilateral trade reaches $60 million: Ambassador METELITSA
The trade turnover between Belarus and Pakistan ranges from $30 to $115 million annually, approximately $60 million on average, according to Andrei METELITSA, Ambassador of Belarus to Pakistan.
realme Partners with foodpanda to Gift Free Iftari Meals to Fans During Ramadan
“Ramadan is a time for reflection, devotion, and community. At realme, we believe in the power of giving back to the community that has been an integral part of our journey,” said Ethan Yin, CEO of realme Pakistan. “Partnering with foodpanda allows us to directly touch the lives of our fans by contributing to their Ramadan celebrations. It’s our way of saying thank you and enhancing their Iftari experience with a meal of their choice, on us.”
Final review of SBA for $1.1 billion tranche with IMF positively concludes
Pakistan and International Monetary Fund (IMF) reached a staff-level agreement on the second and final review of the 9-month Stand-By Arrangement (SBA) for the final tranche of US$1.1 billion in April.
Pakistan’s rice export surged by 85% in eight months
Rice exports from the country during the first 08 months of the current financial year grew by 85.83 percent.
SBP keep policy rate at 22 percent
State Bank of Pakistan (SBP), cautiously decided to keep policy rate at 22 percent on pretext of elevated inflation expectations that required continuity of the current monetary stance to bring inflation down.