Karachi, November 19, 2024: BankIslami, a leading Islamic financial institution in Pakistan, recently joined forces with the State Bank of Pakistan (SBP) to celebrate Women Entrepreneurship Day across its branches nationwide. The event was attended by senior women officials from the SBP, who commended BankIslami for its proactive role in promoting financial inclusion for women….
ISLAMABAD, November 19 2024: The ECC deliberated on a proposal from the Ministry of Energy (Power Division) regarding a winter demand initiative aimed at optimizing system generation capacity while reducing gas demand. This initiative is designed to shift favorable demand towards electricity for industrial, domestic (ToU and non-ToU consumers exceeding 200 units), commercial, and general…
ISLAMABAD, November 19 2024: The Pakistan Telecommunication Authority (PTA) has entered into a consultancy agreement with National Economic Research Associates Inc. (NERA) to enhance next-generation mobile broadband services in Pakistan. The contract, signed on 5th November 2024, focuses on the ‘Release of IMT Spectrum,’ a key initiative aimed at improving mobile broadband services across the…
KARACHI, November 19 2024: The cryptocurrency market has witnessed an extraordinary surge in value following Donald Trump’s resounding victory in the recent US Presidential elections, with the total market capitalization soaring by $820 billion. Before the election, on November 4, the cryptocurrency market closed at a capitalization of $2.5 trillion. However, after Trump’s overwhelming triumph,…
KARACHI, November 19 2024: The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, stressed the critical importance of empowering women entrepreneurs, highlighting that they currently account for less than 10% of total borrowers and hold only 26% of bank accounts. The SBP organized Women Entrepreneurship Day on November 19, 2024, in Karachi, reaffirming…