Saudi Arabia, January 03, 2024: The Public Investment Fund (PIF) announced the signing of an agreement to invest in Saudia Technic, a subsidiary of Saudia Group. Formerly known as Saudia Aerospace Engineering Industries, Saudia Technic has a long-established presence and rich legacy in Saudi Arabia, tracing its roots back to the 1960s. It provides services…
Islamabad, January 01, 2024 : Overall Machinery Imports Rise by 6.36% in the First 5 Months of FY 2023-24. July-November (2023-24) Sees Machinery Group Imports Reach $2,935.576 Million, Marking an Increase from $2,760.055 Million in the Previous Year – Pakistan Bureau of Statistics (PBS). The import of machinery and equipment in various sectors experienced notable…
Islamabad, January 01, 2024 : On Monday, the Oil and Gas Regulatory Authority (OGRA) declared a substantial hike in the price of liquefied petroleum gas (LPG), to take effect from January 1, 2024. According to a notification, the regulatory authority has established the price of locally produced LPG at Rs256.42 per kg, marking an increase…
Karachi, January 01, 2024 : Adeel Siddiqui, Coordinator of Businessmen Panel Progressive (BMPP), attributed the clean sweep in the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) elections to the pivotal role played by the Chambers of Commerce & Industry of Sindh, supported by the Associations. He highlighted that the successful candidates achieved a…
Karachi, January 01, 2024: As the year 2024 begins, JS Bank, one of the fastest-growing banks in Pakistan, reflects on its journey of progress and growth to provide the best-in-class services to its customers. In a year full of memorable highlights, the acquisition of BankIslami was a major milestone for JS Bank, reiterating its commitment…