The federal cabinet has approved a residential project worth $2 billion for the overseas Pakistanis to invest in real estate by making remittances through their Roshan Digital Accounts. The project will be executed at Park Road, Zone-4 of the federal c...
Read More »Daily Archives: January 11, 2022
PSEB to Invest Rs. 1 Billion on IT Boot Camps for Professionals and Graduates
Pakistan Software Export Board (PSEB) has received an amount of Rs. 1 billion from the Ministry of IT and Telecommunication to hold various skill development training programs through boot camps and batches across the country.These programs are likely ...
Read More »Rupee Recovers After US Dollar Demand Starts Decreasing
The Pakistani Rupee (PKR) posted gains against the US Dollar (USD) in the interbank market today. It gained five paisas against the greenback after hitting an intra-day high of Rs. 176.55 against the latter during today’s open market session.It appreci...
Read More »FBR Closes Doors of Shipment Agents for Criminal Record Holders
The Federal Board of Revenue has imposed a new condition on the renewal of licenses of shipping agents. The condition requires shipment agents to provide an affidavit declaring that the applicant has not faced any criminal proceedings from any court in...
Read More »Askari Bank’s Subsidiary to Merge With Foundation Securities
Askari Securities Limited, a subsidiary of Askari Bank Limited, will get merged with Foundation Securities Limited, a subsidiary of Fauji Foundation.According to stock filing, the Board of Directors of Askari Bank Limited, Askari Securities Limited, an...
Read More »ECC to Approve Rs. 60 Million for Purchase of Helicopter Parts
The Economic Coordination Committee (ECC) is likely to approve a technical supplementary grant of Rs. 60 million within sanctioned budget for the purchase of spare parts for helicopter maintenance upon request of the Interior Ministry.The meeting of th...
Read More »Qatar Energy to Become Stakeholder in Private LNG Terminal in Port Qasim
Qatar’s Minister of State for Energy Affairs, His Excellency Saad Sherida Al Kaabi, announced to become a shareholder in the private LNG terminal to be built in Port Qasim.Qatar Energy will be a shareholder in the private sector LNG terminal to be set ...
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