SECP Partners with Punjab and Sindh to Advance “Insured Pakistan” Initiative
After Balochistan and KPK, the Securities and Exchange Commission of Pakistan (SECP), as part of its five-years strategic plan – Journey to an Insured Pakistan, concluded first round of its provincial outreach in Punjab and Sindh.
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BYD Showcases Flagship EV at Pakistan Auto Show 2024
BYD, the world’s leading New Energy Vehicle (NEV) manufacturer and pioneer in sustainable transportation solutions, participated in the prestigious Pakistan Auto Show 2024 through local partner Mega Motor Company (MMC). The company unveiled its highly anticipated NEVs to the local market at the event as well as officially opened bookings for two flagship models, BYD ATTO 3 and BYD SEAL, reinforcing its commitment to advancing the adoption of electric vehicles in Pakistan.
US Leads as Top Destination for Pakistani Exports
Total exports to the US during July-September 2024-25 were recorded at US $1461.380 million against the exports of US $1376.300 million during July-September 2023-24, showing an increase of 6.18 percent, according to the State Bank of Pakistan.
NACAG Pakistan: Grant agreement signing to support implementation of tertiary N2O abatement technology in Pakistan nitric acid industry
On Thursday, 24th October 2024, the Ministry of Climate Change and Environmental Coordination signed the Nitric Acid Climate Action Group (NACAG) Statement of Undertaking (SoU), committing to reduce N2O emissions in the country’s nitric acid industry.
Aviation’s substantial contribution to Dubai’s economy revealed in latest report
Emirates Group and Dubai Airports have released an economic impact study reaffirming aviation’s pivotal role in Dubai’s economy. The study, compiled by global research firm Oxford Economics, provides insights into the sector’s current and projected contributions, assessing direct, indirect, and induced economic activity as well as the catalytic impact of aviation-driven tourism.
PSX Shariah Group Drives Better Access to Shariah Compliant Financial Products
The Pakistan Stock Exchange (PSX) established a Shariah Focus Group in December 2023 to further the objective of meeting the financial preferences of its diverse investor base. This pioneering Group comprises of distinguished Shariah scholars from various schools of thought, practitioners of Islamic financing, capital market experts, and industry professionals, who are united to enhance the accessibility and advisory of Shariah-compliant financial products for investors.
Spotify Launches New Mobile Feature to Create Custom Playlist Cover Art
Spotify has launched a new feature to give music fans the power to design and customize their own playlist cover art, so playlists can always look as good as they sound.
National and International connectivity enhanced by PTCL, China Mobile at GITEX Global
Pakistan Telecommunication Company Limited (PTCL) and , China Mobile International Limited (CMI) entered a partnership at GITEX Global 2024 for global network resources sharing.
Mobilink Bank Tops SBP’s Banking on Equality Scorecard Two Years in a Row
Mobilink Bank has once again demonstrated its unwavering commitment to gender equality and financial inclusion, securing a remarkable score of 82.7 on the State Bank of Pakistan’s (SBP) Women Friendliness Grid. This notable increase from last year’s score of 71.79 highlights the Bank’s continuous efforts in fostering a supportive environment for women borrowers and entrepreneurs, particularly in the Micro, Small, and Medium Enterprises (MSME) sector.
Current Account Surplus of $119 Million Recorded in September 2024
The Current Account Balance of Pakistan further improved in September 2024 with a surplus of US$ 119 million as compared to a surplus of US$ 29 million in August 2024, According to the State Bank of Pakistan reported on Yesterday(Oct 21).