Karachi, March 17, 2023 (PPI-OT): Paymob, one of the leading financial services enablers in the Middle East, North Africa, and Pakistan (MENA-P), has partnered with Raptr Games, a Singapore-based startup gaming platform, to integrate multiple payment options and financial technology solutions. The collaboration will not only make it more convenient for local gaming content creators…
The post Paymob and Raptr Games Partner to Enable Monetization for Games and Content Creators appeared first on Business News Pakistan.
185,000 needy families of Islamabad will start receiving free wheat flour from Saturday as part of an initiative to provide relief to inflation-hit people during Holy month of Ramadan.It was decided during a meeting with Prime Minister Muhammad Shehbaz…
Karachi, March 16, 2023 (PPI-OT): Meezan Bank, Pakistan’s leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC) – a multi-disciplinary advisory service, under which both parties will collaborate to provide Shariah advisory services to international clients including, but not limited, to Europe and the Middle East. The signing…
The post Meezan Bank and Fieldfisher Capital join hands to extend Islamic Finance Advisory to Europe and Middle East appeared first on Business News Pakistan.
Faisalabad, March 16, 2023 (PPI-OT): Distribution system has been upgraded to provide uninterrupted electricity to consumers during Ramadan, said Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Engr. Bashir Ahmad. Area planning of dozens of feeders and maintenance of thousands of distribution transformers as well as replacement of corroded wires were completed across the…
The post FESCO staff should be present at complaints centre and grid stations in three shifts appeared first on Business News Pakistan.
Faisalabad, March 16, 2023 (PPI-OT): Distribution system has been upgraded to provide uninterrupted electricity to consumers during Ramadan, said Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Engr. Bashir Ahmad. Area planning of dozens of feeders and maintenance of thousands of distribution transformers as well as replacement of corroded wires were completed across the…
The post FESCO staff should be present at complaints centre and grid stations in three shifts appeared first on Business News Pakistan.
Lahore, March 16, 2023 (PPI-OT): Reliance Petrochem Industries (Pvt.) Limited (hereafter referred to as ‘the Company’ or RPI) is considered a leading manufacturer and trader of petroleum oils (White Oil) in Pakistan. The Company primarily operates into three segments i.e. petroleum oils, solvents and polymers. The rating takes comfort in Company’s long-term association and supplier…
The post PACRA Maintains Entity Ratings of Reliance Petrochem Industries (Private) Limited appeared first on Business News Pakistan.
Lahore, March 16, 2023 (PPI-OT): Pakistan’s sugar industry is the country’s second largest agro-based industry, comprising of 90 mills with an annual crushing capacity estimated at~ 80-90mln MT. Despite overcoming the challenge of raw material supply, the industry is facing a constraint due to the government-set support price for sugarcane, which is determined based on…
The post PACRA Maintains Entity Ratings of Hunza Sugar Mills (Private) Limited appeared first on Business News Pakistan.
Karachi, March 16, 2023 (PPI-OT): Pakistan Stock Exchange (PSX) and Institute of Financial Markets of Pakistan (IFMP) signed a Memorandum of Understanding (MoU) with Chartered Institute for Securities and Investment (CISI) UK, marking a landmark agreement amongst the three organisations for the development of capital market’s human resource. PSX and IFMP, under the guidance of…
The post PSX Signs MoU with CISI and IFMP appeared first on Business News Pakistan.
Karachi, March 16, 2023 (PPI-OT): Despite a 24.3% YoY growth in overall revenues in local currency, Jazz’s revenue decreased 2.6% in USD terms during the fourth quarter of 2022, mainly due to PKR devaluation, whereas the margins are hampered by an exponential increase in operational costs, including fuel, electricity, interest rate and forex. Increase in…
The post Despite macroeconomic challenges, Jazz invested PKR 52 billion to expand and upgrade its network in FY22 appeared first on Business News Pakistan.
Islamabad, March 16, 2023 (PPI-OT): Pakistani elites consider trade with India as a death knell for their interests. The import of cheap food items from India will reduce inflation in Pakistan and provide relief to the people, but this is not acceptable to the powerful elite. People can be forced to eat onions and tomatoes…
The post Trade with India will destroy Pakistani profiteers and hoarders appeared first on Business News Pakistan.
The government has announced the prices of petroleum products for the next fortnight. The new prices of petrol with an increase of five rupees is 272 rupees, High Speed diesel with an increase of 13 rupees is 293, Kerosene oil with an increase of 2.56…
The government has announced the prices of petroleum products for the next fortnight. The new prices of petrol with an increase of five rupees is 272 rupees, High Speed diesel with an increase of 13 rupees is 293, Kerosene oil with an increase of 2.56…
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