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Hubco to Procure Shares of SECMC

In a strategic move, Hub Power Company Limited (Hubco) is set to acquire shares of Sindh Engro Coal Mining Company Limited (SECMC). This significant development marks a key collaboration in the energy sector, combining...

Meezan Bank & IBA join hands to launch Meezan Justuju

Meezan Bank, Pakistan’s leading Islamic bank has recently launched Meezan Justuju - a fully funded talent development program for fresh graduates in collaboration with IBA-CEIF (Institute of Business Administration – Centre for Excellence in...

Circular Debt Hits Record High, Surpasses Rs 5.7 Trillion

In a concerning turn of events, Pakistan's circular debt has reached an unprecedented milestone, surpassing Rs 5.7 trillion. This alarming surge raises critical questions about the economic challenges faced by the country, as circular...

PCB Collaborates with England’s County to Introduce T10 League

In a groundbreaking development, the Pakistan Cricket Board (PCB) is set to forge a strategic partnership with England's County, paving the way for the launch of an exhilarating T10 League later this month. This...

Govt urged to resume affordable house financing scheme

The government should resume the affordable house financing scheme through commercial banks to facilitate masses for purchasing and constructing residential housing units to revive economic activities across the country. This was stated by the real...

Raqami Islamic Digital Bank Collaborates with Euronet Pakistan

In a groundbreaking move, Raqami Islamic Digital Bank (RIDB) and Euronet Pakistan Pvt. Ltd. have entered into an exclusive agreement aimed at promoting digital payments in Pakistan. The journey began in January 2023 when RIDB...

Roshan Digital Accounts See Strong Foreign Exchange Inflows

The State Bank of Pakistan (SBP) has reported a robust performance of the Roshan Digital Accounts (RDAs), indicating a significant foreign exchange inflow of $7.195 billion by the end of December 2023. According to the...

SECP Mandates Inclusion of UDIN in All Audit Reports

  In a groundbreaking move, the Securities and Exchange Commission of Pakistan (SECP) has issued a directive making it obligatory for auditors to incorporate the Unique Document Identification Number (UDIN) on all audit reports. This...
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