August 16th, 2024: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first half of the year, concluding on 30th June, 2024. Despite a challenging economic environment, the Company achieved 17% growth (revenue of PKR 55.0 billion, compared to PKR 47.0 billion in the same period last year) fueled by a favorable portfolio…
Islamabad – August 16, 2024: Khushhali Microfinance Bank Limited (KMBL) marked a significant milestone on Monday, celebrating its 24th anniversary with a cake-cutting ceremony at the KMBL Corporate Office. The event was a vibrant tribute to the bank’s enduring legacy and commitment to financial inclusion across Pakistan.U.S, KMB invest $25m for Women empowerment, microbusinesses The…
ISLAMABAD: Spokesperson of the Foreign Office Mumtaz Zahra said that The 7th session of Pakistan-Türkiye Bilateral Political Consultations (BPC) was held in Islamabad last week. Foreign Secretary Muhammad Syrus Sajjad Qazi led the Pakistan side while the Deputy Minister of Foreign Affairs of the Republic of Türkiye, Nuh Yilmaz, led the Turkish side. The talks…
Islamabad: Senator Palwasha Muhammad Zai Khan presided over a meeting of the Senate Standing Committee on Information Technology and Telecommunications today at Kohsar Block, Pak-Secretariat. The Senate Committee brought attention to the recent internet disruptions across the nation, which are impeding real-time operations for those managing e-commerce ventures. Senator Afnan Ullah expressed concern that, given…
ISLAMABAD: The World Health Organization (WHO) has officially declared mpox a global public health emergency following the emergence of a new, rapidly spreading variant of the viral disease in Africa.Major Overhaul in Health Ministry Amid Corruption Scandal WHO officials reported the detection of this new variant in the Democratic Republic of Congo, which has since…
Islamabad: Murtaza Ali, President of JazzCash, Pakistan’s largest fintech platform, has been accepted into the Forbes Finance Council, the foremost community of financial services professionals worldwide. Murtaza’s selection to the Council comes as a recognition of his outstanding performance in the fintech and telecommunications sectors. With over 25 years of experience, Murtaza has consistently demonstrated…
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has emphasized the need to reduce production costs to revive the industrial and agricultural sectors. Chairing a Federal Cabinet meeting in Islamabad today, he stated that the government’s initiatives to improve various sectors, including the power sector, are showing positive results.World Bank to provide $1.3b for agriculture, housing, emergency…
ISLAMABAD,: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 100% shareholding of M/s. SadaPay Technologies Limited by M/s. PPR Holding A.S. under a Share Purchase Agreement. M/s. PPR Holding A.S., a private limited company based in Turkey, specializes in investments in financial institutions and technology companies. The target of this…
The regional finals of the prestigious Seeds for the Future program for university students from the Middle East (ME) and Central Asia (CA) organized by Huawei, in collaboration with the Ministry of Digital Technologies of Uzbekistan, IT Education Association and telecom, regulatory, labor authorities and vocational training bodies commenced in Uzbekistan.Huawei Launches Initiative to Train…
Karachi: In a landmark effort to save the lives of Pakistani children at risk of dying from malnutrition, the United States has delivered 486 metric tons of Ready-to-Use Therapeutic Food (RUTF) to UNICEF. U.S. Ambassador to Pakistan Donald Blome handed over the lifesaving aid at a ceremony in Karachi.WHO, UNICEF Urge Not to Include Formula…