November 6, 2024 | The Biz Update

BankIslami’s Vision of ‘Saving Humanity from Riba’ Resonates with Pakistan’s Diverse Communities

The Biz Update1 month ago1 month ago04 mins

KARACHI, November 06 2024: BankIslami, a leading Islamic financial institution in Pakistan, has launched a significant initiative to promote its riba-free (interest-free) banking services to individuals of diverse backgrounds and faiths underscoring the bank’s commitment to ethical and inclusive banking practices. Riba, or interest, is prohibited in many religions due to its perceived unjust nature….

Chinese premier pledges further opening up at import expo

The Biz Update1 month ago1 month ago04 mins

SHANGHAI, November 06 2024: Chinese Premier Li Qiang on Tuesday pledged to further expand opening up and turn China’s vast market into great opportunities for the world.Li made the remarks during his keynote speech at the opening ceremony of the seventh China International Import Expo (CIIE) and the Hongqiao International Economic Forum in Shanghai.Hosting the…

A Milestone for Jiu-Jitsu in Pakistan

The Biz Update1 month ago1 month ago04 mins

KARACHI, November 06 2024: The recent MOU signing ceremony at the Sindh Governor’s House in Karachi for the Pakistan UAE Jiu-Jitsu Friendship Cup is a momentous event that marks a new chapter in the development of Jiu-Jitsu in Pakistan. This collaboration between Pakistan and the UAE is not just a celebration of sportsmanship, but a…

Jam Kamal Khan’s Vision Leads to Export Milestone

The Biz Update2 months ago2 months ago03 mins

ISLAMABAD, November 06 2024: Demonstrating the effectiveness of strategic leadership in enhancing Pakistan’s export portfolio, Federal Minister for Commerce Jam Kamal Khan has overseen a significant breakthrough with the export of the first consignment of Sider honey from Tarnab, Khyber Pakhtunkhwa, to Malaysia. The achievement of this milestone is a direct result of the minister’s…

Winter Package with Power Tariff at Rs. 20 per Unit Essential for Export Competitiveness

The Biz Update2 months ago2 months ago07 mins

KARACHI, November 6, 2024: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has called on the government to announce a comprehensive, multi-sectoral winter package for trade and industry to address the growing challenges facing industrial production in Pakistan. He emphasized that the country’s export-oriented industries require urgent facilitation,…