Business
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...
Business
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...
Business
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...
Sports
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...
Business
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...
Business
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...
Business
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...
Business
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...
