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Offshore Drilling: A Bet on Wildcat (G-Block) – A Grand or A Gaffe?

Karachi January 15, 2019: Pakistan Exploration & Production (E&Ps) companies along with international partners have ventured into offshore territory of underexplored but promising Indus G-Block for a deep-sea drilling endeavor. The operator of the block, ENI (an Italian company working in Pakistan’s upstream sector since 2000) has chartered Saipem 12000 rig/ship to drill the exploration…

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Non-complaint mobile phones will block from 16th Jan

Islamabad, January 15, 2019: Timeline for registration of mobile devices under Pakistan Telecommunication Authority’s (PTA) Device Identification Registration & Blocking System (DIRBS) is being end midnight of January 15, 2019, after that all non-compliant devices will be blocked. Sources told Thebizupdate.com that all smuggled, theft and counterfeit mobile phone cell phones will be blocked from…

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ABL launches cardless ATM service

KARACHI, January 15, 2019: Allied Bank Limited (ABL), one of the country’s largest bank, has cardless ATM service to avoid fraud incidents. After multiple incidents of data hacking of payment card by hackers and through skimming devices, in order to more secure the payment card transactions, Allied bank has completely converted its card system on…

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