Business

This category covers all news related Business & Finance

Pakistani Oil Companies Collaborate with Saudi Aramco for $10 Bln Greenfield Refinery Project

Islamabad, July 27, 2023 (PPI-OT): In a historic collaboration, four leading Pakistani state-owned companies will join hands for Greenfield Refinery Project in Baluchistan. The momentous Memorandum of Understanding (MoU) signing ceremony took place at ...

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Daraz to empower South Asian users’ shopping experience with Microsoft Azure OpenAI Service

Karachi, July 27, 2023 (PPI-OT): Daraz, South Asia’s leading e-commerce platform in Pakistan, Bangladesh, Sri Lanka, Nepal, and Myanmar, announced the latest integration of Microsoft Azure OpenAI Service in Daraz to launch “AskDaraz”, an AI ChatBot, to...

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Envoy calls for strong efforts to increase Pak-Swiss bilateral trade

Islamabad, July 27, 2023 (PPI-OT): H.E. Georg Steiner, Ambassador of Switzerland to Pakistan said that many Swiss companies were doing successful business in Pakistan and more were interested in Pakistan as they considered it an attractive market for b...

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VIS Credit Rating Reaffirms Entity Ratings of the United Insurance Company of Pakistan Limited

Karachi, July 27, 2023 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength (IFS) rating of United Insurance Company of Pakistan Limited (UICPL) at ‘AA+(IFS)’ (Double A Plus IFS). The rating signifies very strong ca...

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Telecom Operators’ Association formed – vows to boost digital economy

Islamabad, July 27, 2023 (PPI-OT): Pakistan’s long-awaited Telecom Operators’ Association has been formed and held its first meeting in Islamabad on Tuesday, July 25, 2023. The members include Jazz, Ufone/PTCL, Telenor, Nayatel, Cybernet, and TWA while...

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JS Bank Leadership meets the High Commissioner of Pakistan to the UK in an effort to provide financial services to Non-Resident Pakistanis

Karachi, July 26, 2023 (PPI-OT): JS Bank’s President and CEO, Basir Shamsie, and Chief Operating Officer, Imran Haleem Shaikh, held a significant meeting with His Excellency Moazzam Ahmed Khan, the High Commissioner of Pakistan to the United Kingdom. T...

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Pakistanis are getting increasingly poor; growth rate is constantly shrinking

Karachi, July 26, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that Pakista...

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