Pakistan, Azerbaijan discuss collaboration in diverse fields
Azerbaijan facilitates Pakistani tourists through an online visa which takes three hours Pakistan and Azerbaijan discussed collaboration in diverse fields including bilateral trade, energy and economic sectors, reiterating their resolve to further the existing relations between the two countries. The two sides, during a meeting between Caretaker Minister for Planning, Development and Special Initiatives Muhammad…
Adil Aziz
Dr. Zhumaliev invites Pakistani businessmen to explore partnership opportunities
Dr. Zhumaliev, a member of parliament and leader of the visiting Kyrgyzstan delegation invited Pakistani businessmen to visit his country to explore the avenues for partnership, investment, and joint ventures. Speaking to the business community in a meeting arranged by Meher Kashif Younis, Chairman Kyrgyzstan Trade House, he said Kyrgyzstan offers a diverse range of…
Out-sourcing of operations of Bulk and General Cargo Terminal East Wharf, briefing to cabinet
Ministry of Maritime Affairs submitted the summary regarding out-sourcing of operations of Bulk and General Cargo Terminal East Wharf at Karachi Port. Secretary Maritime Affairs briefed the meeting on the process of outsourcing of port terminal and earlier decisions of CCoIGCT in this regard. The CCoIGCT was apprised about the decisions of the then CCoIGCT…
Shipping giant Maersk taps investors for first green- bond sale
SHIPPING giant AP Moller-Maersk is selling US dollar-denominated green bonds for the first time ever, the latest company to test investor appetite in a market challenged by political pressure. The Copenhagen-based company is selling the bonds maturing in 10 years, according to a person with knowledge of the matter. The offering may yield 1.9 percentage…
PSX wins ‘Best Islamic Stock Exchange Award’ for third consecutive year
The Pakistan Stock Exchange (PSX) has been awarded the ‘Best Islamic Stock Exchange Award 2023’ by Global Islamic Finance Awards (GIFA). “This is the third consecutive year in which PSX is being awarded this prestigious accolade,” a PSX press release said. GIFA is an internationally acclaimed platform recognizing excellence in banking and finance in the…
Ministry of Commerce hosts crucial discussion between Federal Minister Dr. Gohar Ejaz and US delegation to boost investment in EV Sector, Semiconductors and AI by Pakistani diaspora
The Ministry of Commerce is delighted to announce a fruitful meeting between the Federal Minister of Commerce, Dr. Gohar Ejaz, and a high-level US delegation to explore avenues for increased investment in Pakistan’s burgeoning Electric Vehicle (EV), semiconductor, and Artificial Intelligence (AI) sectors by the Pakistani diaspora. During the meeting, Federal Minister Dr. Gohar Ejaz…
Rupee on recovery path; gains Rs 1.78 against US Dollar
Corrective measures taken by the government have started yielding results as the Pakistani Rupee on Monday (Sept 11) gained Rs 1.78 against the US dollar in the Inter bank trading and closed at Rs 301.16 against the previous day’s closing of 302.94. However, according to the Forex Association of Pakistan (FAP), the buying and selling…
Omi Hospital and Jubilee Life Insurance Join Hands to Elevate Healthcare Access
OMI Hospital, a renowned healthcare institution based in Karachi, and Jubilee Life Insurance, Pakistan’s largest private sector insurance company, are pleased to announce their strategic partnership. Under this partnership, OMI Hospital extends an array of exclusive privileges to Jubilee Health Insurance members, including discounts on Outpatient Services (OPD), Emergency Room (ER) consultations, radiology services, laboratory…
Pakistan-Egypt Business Opportunities Conference in Cairo
purpose of the conference was to enhance bilateral trade and investment ties between the two countries, companies from the two sides signed seven MoUs for mutual cooperation in education, tourism, and food sectors Speakers at a conference held in Cairo, Egypt have stressed for expanding trade ties and boosting cooperating in various sectors between Pakistan…
Weekly inflation up by 0.96 percent
The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed an increase of 0.96 percent for the combined consumption group during the week ended on September 7, the Pakistan Bureau of Statistics (PBS) reported. The SPI for the week under review in the above-mentioned group was recorded at 279.87 points as compared to 277.21…