The Islamic banking sector, based on ethical principles codified some 1,400 years ago, represents roughly $1.7 trillion or 70% of total Islamic finance assets, with commercial banking accounting for the majority. Digitalization is providing a major boost to this form of banking, which has the potential to grow to $3.8 trillion in assets by 2023—with … Read more
A seminar on “Business Development for Women Entrepreneurs” held at the Lahore Chamber of Commerce & Industry in collaboration with the LCCI, State Bank of Pakistan (SBP) and Federal Board of Revenue (FBR). LCCI Senior Vice President Ali Hussam Asghar, SBP Assistant Chief Manager- Refinance Sara Riaz, Commissioner Inland Revenue RTO II FBR Ayesha Imran … Read more
Provincial Minister for Trade & Industries Mian Aslam Iqbal has disclosed that Punjab government has decided to increase the support price of wheat and sugarcane crops to safeguard farmers’ interests. The new support prices of wheat and sugarcane will be Rs1365 per maund and Rs190 per maund, respectively. The farmers will get a colossal benefit … Read more
The Punjab Provincial Development Working Party approved five development schemes of various sectors with an estimated cost of Rs. 9,264.521 million. These schemes were approved in the 27th meeting of Provincial Development Working Party (PDWP) of current fiscal year 2019-20 presided over the Chairman P&D Board Habib-ur-Rehman Gilani. Provincial Secretary P&D Imran Sikandar Blaoch, all … Read more
Saudi Arabia and the UAE on Thursday signed a raft of agreements which included a deal to issue joint visit visas for residents of both countries in a bid to boost tourism. According to the UAE’s official news agency WAM, the accord, among six initiatives highlighted during Crown Prince Mohammed bin Salman’s visit to the … Read more
Former PM Nawaz Sharif’s Positron EmissionTtomography (PET) scan has been completed, PML-N leader will leave home from hospital shortly. According to details, the PML-N leader underwent a PET scan at London’s Bridge Hospital, which took several hours. Former Prime Minister Nawaz Sharif was kept in the PET scan machine for half an hour, it may … Read more
Secretary Ministry of Maritime Affairs Rizwan Ahmed, accompanied by Director General Ports & Shipping, called on Jose Maura Managing Director of the International Oil Pollution Control (IOPC) Funds in London on 27th November 2019. IOPC Funds is an intergovernmental organization, with 115 member countries, that provides compensation for oil pollution damage caused by oil spills … Read more
Her Majesty Queen Maxima of the Netherlands visited GharPar Tech Private Limited. The visit was attended by the founding team of GharPar that includes CEO Shameelah Ismail, COO Mehvish Arifeen, CFO Fareed Qureshi and CMO Arooj Ismail and the Finja team; Qasif Shahid and Monis Rehman. HM Queen Maxima engaged in a dialogue with GharPar’s … Read more
The UAE and Saudi Arabia on Wednesday signed four memorandums of understanding (MoUs) during the second meeting of the Saudi-Emirati Coordination Council in Abu Dhabi. The meeting, chaired by His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Prince Mohammed Bin … Read more
Sydney: Some women may choose to wear revealing and sexy clothes due to status anxiety triggered by pressures of living in an economically unequal society, says new research. “Our results favour a view of women as strategic agents, using the tools available to them to climb the social hierarchy in specific socio-economic environments,” said Khandis … Read more
Facebook suffered outages Thursday, in a Thanksgiving crash. The problems impacted the main Facebook site, Instagram, Facebook and Messenger Facebook said it’s aware that some people are having trouble accessing its apps, after users across several countries took to Twitter to report issues on Thursday. The social media company said it is working to get things … Read more
Karachi: the preparations for operation against encroachment in Gulistan-e-Johar. Residents of the area were furious when they saw the troops arriving for the operation. People started the protest against the operation, closed the road and set the road on fire. The Karachi Development Authority (KDA) is about to take action against the violations. SC orders … Read more
The Securities and Exchange Commission of Pakistan (SECP), will facilitate the revival of distressed companies, has notified the Corporate Rehabilitation Regulations, 2019. The regulations, issued under section 41 of the Corporate Rehabilitation Act, 2018 (CRA) broadly cover procedures for maintenance of Penal of Insolvency Experts, manner of determination of remuneration of Insolvency Experts, and Code … Read more
A deer has been found dead in Thailand 7kg (15lb) of plastic bags and other rubbish in its stomach, raising the alarm on littering in the country’s waters and forests. The 10-year-old deer, weighing about 200 kilograms, was discovered by national park rangers on Monday at the Khun Sathan National Park in northern Nan province. According … Read more
Provincial Industries & Trade Minister Mian Aslam Iqbal presided over meeting being held at Civil Secretariat in which approval of programme for the provision of infrastructure of Quaid-e-Azam Business Park and Bahawalpur Business Park was granted. Planning for selling of plots for setting up industrial units and business model of Quaid-e-Azam Business Park also came … Read more
Munir Akram, permanent representative of Pakistan to the United Nations spoke about the peace in Afghanistan at UN. Pakistan has expressed hope that the resumption of direct talks between the United States and the Taliban would lead to a peaceful settlement in Afghanistan. Permanent representative of Pakistan to the United Nations, Munir Akram was speaking … Read more
Lahore Chamber of Commerce & Industry (LCCI) President Irfan Iqbal Sheikh has said that women empowerment should be a cornerstone of the government’s economic agenda for a sustainable development. He was speaking at a seminar on “Ease of Doing Business for Women”, organized by Standing Committee on EODB for Women, at the Lahore Chamber of … Read more
‘Khush Raho Pakistan’ will be a prime time Pakistani Game Show, to be hosted by the Pakistani superstar Faysal Quraishi, on BOL Entertainment. Unlike the ‘run off the mill’ concept of the usual Game Shows happening around the country, Khush Raho Pakistan will provide a fresh feel to the audience. Faysal Quraishi with his charm … Read more
Pakistan Bar Council raises objections on Farogh Naseem aftre he represents the case of extension in court. According to details, Amjad Shah, Vice-Chairman of Pakistan Bar, said that the license has been suspended of farogh Nasim after which Farogh Naseem can not represent any case. Chief Justice Asif Saeed Khosa was present in the court … Read more
General Nadeem Raza has assumed charge as Chairman Joint Chief of Staff Committee (CJCSC), an ISPR statement stated. Director General of Inter-Services Public Relations (ISPR) tweeted on Wednesday, November 27. General Nadeem Raza, HI (M) assumed appointment of Chairman Joint Chiefs of Staff Committee at Joint Staff Headquarters today. — DG ISPR (@OfficialDGISPR) November 27, … Read more
Provincial Industries & Trade Minister Mian Aslam Iqbal presided over 107th meeting of Punjab Small Industries Corporation Board today. During PSIC meeting, approval for Punjab Small Industrial Estate Policy-2020, reorganization plan of Punjab Small Industries Corporation and establishment of small industrial estate comprising on 50 acre land was granted. Proposal to grant approval for setting … Read more
Only export-led growth can steer Pakistan to the economic stability and help it emerge as one of the leading economies of South Asia. Those factors should be rooted-out which are hampering the exports related sectors. These views were expressed by the LCCI President Irfan Iqbal Sheikh while addressing a 24-member delegation of 26th Senior Management … Read more
The Securities and Exchange Commission of Pakistan (SECP), in collaboration with United Nations Office on Drugs and Crime (UNODC), conducted series of workshops for SECP regulated financial institutions to enhance understanding of the risk-based approach to prevent money laundering and terror financing. Over 500 professionals from Securities and Commodities markets, Insurance/Takaful companies, Non-Banking Finance Companies … Read more
UAE: Good news for Pakistani overseas in Dubai and around the world. You may soon be allowed to import one hybrid car to your home country upon presenting proof of remitting $100,000 using legal banking channels within two years. The move will not only benefit the overseas Pakistanis but will also help improve foreign exchange … Read more
Chairman Pakistan Peoples Party Bilawal Bhutto Zardari spoke to the media after meeting with former President Asif Zardari and said that the condition of President Zardari is very bad. Today, President Zardari stands on his point, today he is in line with his ideology. It is a matter of pride for every member of … Read more
To express the solidarity with brotherly Muslim country Turkey, the Lahore Arts Council in collaboration with Younes Emery Institute of Turkish Cultural Center held a musical event titled “Sufi Night” for Sufi Music lovers in which Whirling Dervishes’ of Istanbul, “Konya Turkish Sufi Music Ensemble” enthralled the people of Lahore with their mesmerizing performance in … Read more
Federal Minister Murad Saeed expresses his views in reply to Ahsan Iqbal on Twitter. یہ ہے وہ بھائ جسکااحسن اقبال ذکرکررہے تھےپہلے پنجاب حکومت نے ٹاسک فورس کا چیرمین لگایا پھر شہباز شریف کے حکم پہ اسکوبغیرٹینڈر کے ٹھیکے ملےحکم پر ٹھیکے غیر قانونی لہذا ادائیگیوں کی کہانی بڑی "دلچسپ" بنتی گئیہ ہیں وہ زرائع … Read more
Federal Secretary to the Federal Bureaucracy has been appointed as the Secretary of the Interior. According to details, on Tuesday, Federal Secretary of the Interior Major Retired Azam Suleiman was issued a notice to the Chief Secretary Punjab while the services of Chief Secretary Punjab Yousuf Naseem Khokhar shifted to federal. According to sources, it … Read more
