HBL (Habib Bank Limited) has been awarded the prestigious title of ‘Best Bank for Digital Solutions Pakistan’ for the year 2023 by Asiamoney. This recognition is accompanied by HBL securing its fifth consecutive ‘Best Domestic Bank’ award for the same year. Asiamoney commended HBL in their citation for the ‘Best Bank for Digital Solutions Pakistan’ […]
British Airline Virgin Atlantic announced to suspend its operations in Pakistan on Sunday. The airline started operations in Pakistan in 2020 from Islamabad International Airport and was offering seven weekly flights initially. Later on, it was reduced to three flights per week to London’s Heathrow Airport. Virgin Atlantic was flying between London, Lahore and Islamabad. […]
The foreign exchange reserves of Pakistan witnessed an increase of 9.6% on Thursday on a week-on-week basis. The State Bank of Pakistan (SBP) reported that the foreign currency reserves rose to $4.4 billion, after an increase of $393 million. On June 23, 2023, the foreign exchange reserves were recorded at $4.06 billion. Experts claim that […]
The State Bank of Pakistan (SBP) and Meta (Facebook, WhatsApp and Instagram’s parent company) have partnered to train 500 Pakistani women entreprenurs. A press release issued on Wednesday said that this partnership will “digitally empower 500 women entrepreneurs and other high value small businesses.” The initiative was announced in Karachi at the launchings ceremony of […]
InfraZamin Pakistan, Kashf Foundation, and Arif Habib Limited have joined forces to introduce Pakistan’s first “Gender Bond,” a fully guaranteed and AAA-rated bond worth Rs. 2.5 billion. The Gender Bond, aligned with the Securities and Exchange Commission of Pakistan’s guidelines on Gender Bond issuance, aims to enhance Kashf Foundation’s lending portfolio exclusively for women. The […]
Image: Pakistan Today With the latest $3 Billion loan from the IMF (International Monetary Fund), Pakistan is on its way to becoming the fourth largest IMF borrower globally. As mentioned in the lender’s data, in March, Pakistan was ranked fifth in the list of countries who borrowed the largest funds from the IMF. However, after […]
Image: The Guardian Scientists found out that only a quarter of women who froze their eggs between 2009-2019 came back for fertility treatment. More than 843 women were observed as part of the study. It is seen that the number of women choosing to freeze their eggs has increased recently. Though the physical and financial […]
Image: PCB This year witnessed the eighth season of the Pakistan Super League (PSL) in the month of March. The season was won by Lahore Qalandars who beat Multan Sultans to earn this title for the second time ever since the tournament has started. With each season, PSL’s popularity is increasing and it is generating […]
Pakistan, a nation with a wealthy entrepreneurial ecosystem and a fast-paced growing economy, is brimming with opportunities for aspiring startup owners. With a population of over 220 million people and rising digital penetration, Pakistan offers a productive backdrop for ingenious business ideas to flourish. This article strives to underline some of the most profitable startup […]
Karachi, June 25th, 2023: Synite Digital, a resourceful venture of the Synergy Group and one of Pakistan’s largest integrated media communication companies has been named Pakistan’s Digital Agency of the Year for 2022-23 at the prestigious Pakistan Digital Awards (PDA) ceremony, marking their second consecutive win. The PDA engages a highly distinguished panel of experts […]
The Dawood Family has issued a statement on Friday morning confirming the deaths of Shahzada Dawood and his son Suleman Dawood. The news was shared by the official Twitter account of The Dawood Foundation. The statement thanked everyone who participated in the rescue operation launched in the Atlantic Ocean to search for the missing submersible. […]
Image: Express Tribune Pakistan improved its position on gender equality, has now moved to 142nd in the list of World Economic Forum (WEF) comprising of 146 nations. Pakistan is placed just above Iran, Algeria, Chad and Afghanistan. Pakistan’s gender parity reached 57% with huge gaps in education, work and political domains. According to the new […]
The United Arab Emirates has offered to acquire Karachi Port Terminals on lease for 50 years. The negotiated deal is considered to be the first foreign businesses deal without any competitive bidding process. The Abu Dhabi Ports Company, UAE said that Pakistan will get the payment of $50 million upfront for the infrastructure and fixed […]
It all started when a Twitter user shared an image of a lizard found in cake he allegedly bought from Layer’s Bakeshop, Faisalabad. @dcislamabad @ICT_Police Kindly take some action a well known layers bakery, in the cake spotted lizard it’s a matter of health, take strict action against them! 🙏🏻 #islamabad #Pakistan pic.twitter.com/QYXuVHGcnT — Hammad […]
Image: GeoSuper.TV Nahida Khan who has represented Pakistan in 3 World Cups (50 overs) and 4 T20 World Cups has announced her retirement from the international cricket. Khan played her first match in Bogra, Bangladesh against Sri Lanka in 2009 and has been playing international cricket for more than 14 years now. Nahida Khan is […]
Image: The Current Pk Pakistan’s first air taxi is making the country proud by offering its services to Dubai and Saudi Arabia. The Karachi-based aviation company is about to launch a booking app in the coming week, a company spokesperson confirmed. Sky Wings Aviation from Karachi and Wind Speed International will offer an Internet service […]
Image: File The remittances sent by overseas Pakistanis hit a three-month low in May as they reach $2.10 billion. A report by the State Bank of Pakistan (SBP) mentioned that this is 10.4% less than the remittances received during the same period last year, which was $2.35 billion. One of the major reasons for this […]
When Boeing 720-B landed at Jinnah International Airport, Karachi on January 2, 1962, it already made a new world record for the fastest flight from London to Karachi. The plane kept on flying as it was being delivered to Karachi from the Boeing factory in Seattle. In doing so, it had already made a new […]
Image: Fortune An internal survey at Meta revealed that only 26% employees are satisfied with Mark Zuckerberg being their boss and showed confidence in his leadership skills. The number of employees happy with Zuckerberg’s leadership has declined compared to a previous survey conducted in October 2022. The recent survey was conducted before the company laid […]
Pakistan’s Finance Minister Ishaq Dar presented the budget for the fiscal year 2023-24 (FY24) on Friday, June 9, 2023, in the National Assembly. The total outlay of the budget is Rs14.46 trillion, according to the minister. The budget is being keenly watched as the government is caught between a painful fiscal adjustment reforms agenda set […]
