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...
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...
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...
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...
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...
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...
Wathra appreciates role of banking sector in fueling economic growth
State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra while speaking at the launch of the second edition of Pakistan Banking awards...
IRSA recommends provinces postpone Kharif sowing amid water drought
Pakistan is facing a major water shortage of up to 35 pc and it will delay the crop sowing in the early part...
Faysal Bank, Ontex Pakistan enter into strategic alliance
Faysal Bank Limited, one of the leading banks in Pakistan is to join hands with Ontex Pakistan Private Limited; a Belgium-based leading personal hygiene...
SBP to introduce ‘Cashless Banking’ through ordinary phones
The State Bank of Pakistan (SBP) is going to introduce Cashless Banking through Asan Mobile Accounts (AMA) from 1st July 2017, due...
Nest I/O organizes Startup Weekend in Karachi
Startup Weekend was organised by the technology incubator The Nest I/O from the 24th to 26th of March in Karachi. This event...
Sima Kamil appointed UBL President & CEO
The Board of Directors United Bank Limited (UBL) on Monday announced the appointment of Sima Kamil as new Chief Executive Officer (CEO)...
Sindh Bank & Summit Bank likely to be merged
Sindh Bank and Summit Bank are likely to be in the final stages of being merged, media sources have reported. The newly merged bank...
Tameer Microfinance Bank renamed Telenor Bank
Telenor Group has acquired all regulatory approvals to rename Tameer Microfinance Bank to Telenor Microfinance Bank, media sources have reported. Telenor Group...
77 of 97 new gas schemes approved for Punjab
The government has approved 97 natural gas expansion schemes worth more than Rs 37b after a moratorium banning new gas connections was...