KARACHI, July 27, 2020: Under the State Bank of Pakistan (SBP) Rozgar Refinance Scheme, financing of Rs125.9 billion has been approved by banks for 2068 businesses covering wages and salaries of over 1.2 million employees up till 10th July 2020. Soon after the introduction of the Scheme, a large number of applications to avail financing…
Karachi: July 27, 2020: iTecknologi Group of Companies has posted an annual revenue of Rs 1 billion during the FY 2019-20. The management lead by the Group Chief Executive Officer Salman Hussain, extended their gratitude towards all its personnel, partners, customers and stakeholders for their hard-work, commitment and patronage that resulted in this great success. Commemorating…
KARACHI, July 27, 2020: The KSE-100 index f Pakistan Stock Exchange (PSX) closed at 38,221 points as against 37,608 points showing increase of 614 points. Following SBP’s decision to defer Monetary Policy for next 2 months, gave banking scrips the much needed impetus to rally. Anticipation of further rate cut died with SBP’s decision and…
Oracle Fusion Cloud ERP Streamlines and Automates Reon’s Key Business Functions, Enabling Informed Decision Making In Realtime Karachi, July 27, 2020: Reon Energy Limited, one of Pakistan’s leading industrial renewable energy specialist, has gone live with Oracle Fusion Cloud Enterprise Resource Planning (ERP). The company is using Oracle’s Cloud offering to simplify procurement and project…
Karachi, July 27, 2020: Bank Alfalah & National Institutional Facilitation Technologies (NIFT) announced their strategic collaboration on NIFT’s digital financial services platform “NIFT ePay”, which is an industry first, enabling bank accounts for e-commerce across the banking industry. NIFT’s partnership with Bank Alfalah is unique and multidimensional; the Bank has supported in the realization of…