KARACHI: The President of the SITE Association of Industry, Ahmed Azeem Alvi, has voiced significant concern regarding the State Bank of Pakistan's decision to maintain the policy rate at 11%. According to a statement from Mr. Alvi, the central bank's...
Read More »Systems Limited Expands Global Reach with Strategic Acquisitions
Karachi: Systems Limited (SYS), in a decisive move to enhance its global presence, announced the acquisition of British American Tobacco SAA Services (Private) Limited from British American Tobacco International Holdings (UK) Limited. The acquisition,...
Read More »Fatima Fertilizer Launches ‘Dil Se Sarsabz’ Singing Competition for Independence Day
Karachi: Fatima Fertilizer has introduced a new initiative to celebrate Pakistan's Independence Day with the launch of the 'Dil Se Sarsabz' Milli Naghma singing competition. This nationwide contest is designed to engage the youth, encouraging them to ...
Read More »Meezan Bank Introduces Visa Global eSIM for Seamless International Connectivity
Karachi: Meezan Bank, Pakistan's leading Islamic financial institution, has announced the launch of the Visa Global eSIM for its Visa Infinite Debit Cardholders, marking a significant milestone in digital innovation. This move positions Meezan Bank as...
Read More »UBG Criticizes Pakistan’s Decision to Maintain 11% Policy Rate
Karachi: The United Business Group (UBG) has expressed strong disapproval of the State Bank of Pakistan's recent decision to keep the interest rate steady at 11%. According to UBG President Zubair Tufail, the Monetary Policy Committee's decision has d...
Read More »Pak-Qatar Family Takaful Sets New Standard with ‘AA’ Rating
Karachi: In a significant development for Pakistan's Islamic finance sector, Pak-Qatar Family Takaful Limited (PQFTL) has achieved a milestone by becoming the first dedicated Family Takaful operator in the country to receive an 'AA' Insurer Financial ...
Read More »Tax Reforms Lag as Poverty and Unemployment Rise, Warns Business Leader
Karachi: The pace of tax reforms in Pakistan remains sluggish and unsatisfactory, according to Mian Zahid Hussain, a prominent figure in the business community. Hussain, who holds multiple leadership roles, emphasized that the country's economic polic...
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