Mehfooz

Pakistan’s Mobile Phone Imports Fall 14.21% to $1.254 Billion

Pakistan’s Mobile Phone Imports Fall 14.21% to $1.254 Billion

Pakistan imported mobile phones worth US $ 1.254 billion during July-April (2024-25) as compared to the imports of US $ 1.462 billion during July-April (2023-24), according to the Pakistan Bureau of Statistics (PBS).

Pakistan Crypto Council CEO meets US envoy to advance youth collaboration on Blockchain, AI

Pakistan Crypto Council CEO meets US envoy to advance youth collaboration on Blockchain, AI

CEO of Pakistan Crypto Council Bilal Bin Saqib met with Acting US Ambassador to Pakistan Natalia Baker and discussed shared ambitions in Blockchain, Artificial Intelligence (AI) and youth development, marking a significant step toward strengthening US-Pakistan ties in the digital economy.

Mobilink Bank and Fatima Fertilizer partner to provide access to finance to empower the agri-community

Mobilink Bank and Fatima Fertilizer partner to provide access to finance to empower the agri-community

Pakistan’s largest digital microfinance institution, Mobilink Bank and Fatima Fertilizer, a leading player in Pakistan’s agricultural sector, have entered into a strategic partnership to digitally empower Pakistan’s underserved farming communities through enhanced access to finance and financial technology. The collaboration aims to uplift the country’s agri-community by digitizing the agricultural supply chain and providing targeted financial solutions through the integration of Mobilink Bank’s ‘Dost App’ and Fatima Fertilizer’s ‘Sarsabz Pakistan’ platform.

First heatwave of May 2025 expected to hit Pakistan this week

First heatwave of May 2025 expected to hit Pakistan this week

The Pakistan Meteorological Department (PMD) has forecast the first heatwave of May 2025, with extreme weather conditions expected to grip most parts of the country over the next three to four days.

State Bank of Pakistan Secures $1.023 Billion from IMF

State Bank of Pakistan Secures $1.023 Billion from IMF

The State Bank of Pakistan received the second tranche of US$ 1.023 billion (SDR 760 million) from International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program.

SECP Sets New Standards: Industry Associations to Lead Self-Regulation

SECP Sets New Standards: Industry Associations to Lead Self-Regulation

The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a strategic framework aimed at strengthening Pakistan’s financial sector through enhanced self-regulation.

Major B2B Expansion: P@SHA & sAi Venture Capital Secure $100M Investment

Major B2B Expansion: P@SHA & sAi Venture Capital Secure $100M Investment

Pakistan Software Houses Association (P@SHA) and sAi Venture Capital have signed a strategic partnership targeting $100 million in investment in Business to Business (B2B) technology to power Pakistan’s next wave of technology exports.

Pakistan to host “Beyond the Plastic Waste” Conference ahead of World Environment Day

Pakistan to host “Beyond the Plastic Waste” Conference ahead of World Environment Day

Pakistan will hold a high-level conference, “Beyond the Plastic Waste,” on June 3 to mark World Environment Day, focusing on solutions to the country’s growing plastic pollution crisis.

Emirates Group achieves record profit of AED 22.7B (US$ 6.2B) in 2024-25

Emirates Group achieves record profit of AED 22.7B (US$ 6.2B) in 2024-25

The Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most profitable airline.

Global Airlines Reroute Flights Amid India-Pakistan Conflict

Global Airlines Reroute Flights Amid India-Pakistan Conflict

These airlines are some of the Asian airlines that said on Wednesday they were re-routing or cancelling flights to and from Europe because of fighting between India and Pakistan.