ISLAMABAD, 13th December 2024: Zong 4G, Pakistan’s leading telecom operator, is making strides in corporate social responsibility by addressing critical healthcare challenges in underserved regions. On December 7th, Zong’s Sustainability Team visited Kotri Jamshoro to observe the operations of a mobile health unit set up in collaboration with the Alkhidmat Foundation. This impactful initiative aims…
KARACHI, December 13th 2024: The stock market experienced a range-bound session on December 13, 2024, as the index oscillated between an intraday high of 992 points and an intraday low of -1,571 points, eventually closing at 114,302, reflecting a modest uptick of 0.11%. The trading day was marked by a combination of optimism and pressure,…
KARACHI, December 13, 2024: InfraZamin Pakistan, in partnership with Saudi Pak Industrial and Agricultural Investment Co Ltd, has signed a significant agreement with Acumen Energy Limited to provide an 11.5-year Distributed Solar Financing Facility worth PKR 1.28 billion. This landmark deal is backed by a credit guarantee of PKR 1.04 billion and marks InfraZamin’s entry…
KARACHI, December 13 2024: The Deposit Protection Corporation (DPC) has officially unveiled its Annual Report for the fiscal year 2023-24. The comprehensive report, marking the Corporation’s fourth year of operations, offers a detailed overview of its financial performance, operational activities, and notable achievements. Established under the Deposit Protection Corporation Act, 2016, DPC operates as a…
KARACHI, December 13, 2024: BankIslami has proudly secured the 2024 Euro Clearing Quality Recognition Award from J.P. Morgan, in recognition of its outstanding achievement in the financial services sector. The award honors BankIslami’s remarkable MT202 STP (Straight Through Processing) rate of 99.37%, a key indicator of the bank’s exceptional operational efficiency and commitment to excellence….