Efforts underway to make PIA profitable, says Sardar Mehtab

 All efforts are underway to make PIA profitable and fulfilling consumers’ expectations, as envisioned by Prime Minister Nawaz Sharif.This was stated by Prime Minister’s...

BoP announces financial results for year 2016

Lahore: A meeting of the board of directors of The Bank of Punjab (BOP) was held on March 29, 2017, to approve the audited financial statements...

WAPDA secures local financing worth Rs 144b for Dasu Hydropower project

The Water and Power Development Authority (Wapda) obtained Rs144 b worth of financing for Dasu Hydropower Project by signing an agreement for debt financing...

MOIT directs PTA to conduct 4G auction within current FY

ISLAMABAD: The Ministry of Information Technology (MoIT) has issued policy directive to Pakistan Telecommunication Authority (PTA) for conducting an auction of single block of 10...

Sky Electric launches Pakistan’s 1st Smart Energy System

US-based Sky Electric has launched its operations in Pakistan to provide smart and clean energy solutions, on Monday. An event to inaugurate the launch...

$1.5m investment deal signed between Techlogix & Karandaaz Pakistan

In an agreement signed between Karandaaz Pakistan and Techlogix, the former will be investing $1.5m with a vision to scale three new cloud-based verticals...

Habib Bank eyes opportunities connected with CPEC in Xinjiang

Habib Bank, one of the largest private banks in Pakistan which opened its branch in Urumqi, is eyeing opportunities connected with the China-Pakistan Economic...

Mari Petroleum acquires additional working interest in Bannu West Block

Mari Petroleum Company Limited (MPCL) in a notice sent to the Pakistan Stock Exchange (PSX) has informed that the company has acquired 20 pc...

Banks instructed to prohibit transactions above $50,000

Banks have been instructed to prohibit transactions equal to or more than $50,000 from actual amount payable before the enforcement of international agreement relating...

Hub coal-fired power plant to widely benefit Pakistanis : Chinese entrepreneur

 The new Hub coal-fired power plant in Southwestern province of Balochistan would benefit both the people and government after its completion in 2019. It...

OGRA proposes another hike in petroleum prices

Oil & Gas Regulatory Authority (OGRA) is proposing another hike in petroleum prices in a summary sent to the government, media sources have reported.The...

Pakistan updates guidance for Islamic banks’ external audits

Pakistan's central bank has updated guidance on Sharia governance for Islamic finance institutions, expanding the scope of external audits to help mitigate conflicts of...

KP Cement Industry expected to attract $2.5b investment

The Khyber-Pakhtunkhwa (KP) Chief Minister Pervez Khattak on Monday accorded 14 firms with prospecting licences who will be investing in the cement industry of...

Bank Alfalah, Al Huda CIBE join hands to promote Islamic Banking

Bank Alfalah and Alhuda Center of Islamic Banking and Economics (CIBE) have signed a memorandum of understanding (MoU) to encourage Islamic Banking and Finance...

SBP clarifes Rs 500 notes without OVI flag legit

The State Bank of Pakistan (SBP) has clarified the authenticity of Rs 500 Banknote amidst a controversy circulating in certain sections of the media...

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It’s a deal, it’s a steal

‘In business you don’t have to acquire a huge number of clients to be successful,’ this is the simple philosophy of Secret Stash –...

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