September 12, 2023

‫ملتقى الاستثمار السنوي يعلن عن هويته الجديدة تحت مسمى قمة (AIM) للاستثمار

Posted September 12, 2023 by Web Desk

أبو ظبي (الإمارات العربية المتحدة) 12 سبتمبر 2023: أعلنت اللجنة المنظمة لقمة AIM للاستثمار “ملتقى الاستثمار السنوي” أحد أكبر التجمعات الاستثمارية حول العالم، عن انطلاق فعاليات الدورة الثالثة عشرة تحت شعار “التكيف مع تحول المشهد الاستثماري: تسخير إمكانات جديدة لتطوير التنمية الاقتصادية عالميًا “، بحلتها الجديدة وذلك خلال الفترة من…

Institutional Investor Launches 2023 Developed Europe and 2023 Emerging EMEA Research Rankings

Posted September 12, 2023 by Web Desk

BofA Securities and BNP Paribas Exane share first place as top research provider in the Developed Europe survey BofA Securities, HSBC and J.P. Morgan share top spot in Emerging EMEA LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) — Institutional Investor Research (II Research) surveys are the leading provider of market sentiment…

Institutional Investor Launches 2023 Developed Europe & Emerging EMEA Executive Team Rankings

Posted September 12, 2023 by Web Desk

36 companies (Core, Large Cap & Small-Mid Cap) came first in at least five voting areas in their sectors in Developed Europe and 16 companies for Emerging EMEA LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) — Institutional Investor Research (II Research) surveys are the leading provider of independent performance validation and…

Punjab to Give Control of 1,000 Government Schools to Non-Profit Organization

Posted September 12, 2023 by Web Desk

The Punjab School Education Department (SED) is facing backlash as it accelerates the privatization of 350 government schools in the Rawalpindi division, despite strong opposition from teachers’ associations. This privatization endeavor encompasses all assets, including buildings, playgrounds, and laboratories, estimated to be worth billions of rupees. Once these public schools…

Hub Power Company Posts Highest-Ever Profit in FY23

Posted September 12, 2023 by Web Desk

The Hub Power Company Limited (PSX: HUBC), one of the largest private power producers in the country, has announced the highest-ever profit of Rs. 62 billion in FY23, a 110 percent increase over a profit of Rs. 29.5 billion reported in FY22.The profit attributable to the owners of the holding…

After Record Decline, Price of Gold in Pakistan Jumps by Rs. 5,600 Per Tola

Posted September 12, 2023 by Web Desk

After over a week of consecutive heavy losses, the price of gold in Pakistan registered a significant increase on Tuesday.According to the data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) increased by Rs. 5,600 per tola to Rs. 215,000 while the…

State Bank Allows OPay To Acquire Finja EMI

Posted September 12, 2023 by Web Desk

State Bank of Pakistan (SBP) has given its green signal to a foreign fintech, OPay, to acquire the payment operations of local fintech company, Finja, ProPakistani has confirmed with officials.Finja is one of four operators operating its business of e-money wallets for customers and merchants in the designated areas of…

Interim Finance Minister Reiterates Govt’s Commitment to Resolve Structural Issues

Posted September 12, 2023 by Web Desk

Federal Minister for Finance and Revenue Dr Shamshad Akhtar has reiterated the government’s commitment to resolving structural issues.Speaking at the roundtable conference on “Journey to an Insured Pakistan”, organized by the Securities and Exchange Commission of Pakistan (SECP), she highlighted the importance of reducing the fiscal deficit, strengthening forex reserves,…

Turkish Ambassador, Shamshad Akhtar discuss bilateral ties

Posted September 12, 2023 by Web Desk

Turkish Ambassador Dr. Mehmet Paçaci called on Minister for Finance, Revenue, Economic Affairs, and Privatization Dr. Shamshad Akhtar, in Islamabad today.Both sides discussed various avenues for strengthening economic ties and shared mutual commitment to fostering closer relations between the two nations.Source: Radio Pakistan

Pakistan, Azerbaijan vow to further strengthen bilateral relations in diverse sectors

Posted September 12, 2023 by Web Desk

Pakistan and Azerbaijan have reiterated resolve to further strengthen bilateral relations in diverse sectors.The understanding came between Minister for Planning Development and Special Initiatives Muhammad Sami Saeed and Ambassador of Azerbaijan to Pakistan, Khazar Farhadov who called on him in Islamabad on Tuesday.During meeting both sides discussed various avenues of…

Pakistan extends heartfelt condolences to people, State of Libya over deadly floods

Posted September 12, 2023 by Web Desk

Pakistan has extended heartfelt condolences to the people and State of Libya on the devastation caused by the deadly floods in the Northeastern part of Libya.In a statement today, the Foreign Office spokesperson Mumtaz Zahra Baloch said the loss of lives and the sufferings endured by the survivors are deeply…

SG Commonwealth visits Pakistan Truck Art exhibition in London

Posted September 12, 2023 by Web Desk

Secretary General Commonwealth Patricia Scotland visited the Pakistan Truck Art exhibition at the tenth Commonwealth Youth Ministers meeting being held in London today.Caretaker Foreign Minister Jalil Abbas Jilani was also accompanying the Secretary General.The Secretary General praised the beauty and renovation of Pakistani Truck Art.Source: Radio Pakistan