Business
Emirates returns AED 5 bln (US$ 1.4 billion) to customers in refunds
Karachi, September 08, 2020: Emirates reveals that it has returned over AED 5 billion (US$ 1.4 billion) in COVID-19 related travel refunds to date, making strong and steady progress on its commitment to customers to complete pending refunds. More than 1.4 million refunds requests have been completed since March, representing 90% of the airline’s backlog….
Digital and data comes to fore during Covid-19
Karachi, September 07, 2020: Strong and clear leadership are key to the transformative success of digital in the workplace, says ACCA in a report that reveals the challenges and opportunities faced by organisations during the pandemic. Data and digital transformations have increased exponentially in the workplace over the Covid-19 pandemic, with the role of and…
Industrialists appeal Sindh CM to stop audit harassment
Defer all audits for 2 years due to COVID-19: Nasim Akhtar Karachi, September 04, 2020: Nasim Akhtar, president of the North Karachi Association of Trade & Industry (NKATI), has protested against harassment to industrialists by SESSI, EOBI and the Labour department in the name of audit and appeal to Sindh Chief Minister Syed Murad Ali…
KSE100 index raise 457pts up
Karachi, September 02, 2020: Up and running again as the market closed in the green region for the second consecutive day. The benchmark index made an intraday high of +555 points to close at 41,835 level (up 457 points). Traded value stood higher at US$158 million, up 21 percent and volume stood at 837 million…
Financial results for half-year PAT PKR15.2 billion up by 36.8 percent YoY
Karachi, September 02, 2020: The Board of Directors of National Bank of Pakistan “the Bank” met on Tuesday, September 01, 2020 and approved the condensed interim financial statements of the Bank for the half-year ended June 30, 2020. With strong growth in core earnings, the Bank reported unconsolidated Profit After Tax of PKR 15.2 billion,…