Business
BankIslami wins brand of the year award 2019 for Islamic Banking
Karachi, September 16, 2020: BankIslami, the country’s leading Islamic bank, has bagged one of the most prestigious national accolades this year by becoming the Brand of the Year 2019. The bank won in the Islamic Banking category in acknowledgment of its achievements in highlighting brand excellence as well as noteworthy performance across the industry. The…
Meezan Bank wins ‘Shariah Authenticity Award 2020’ at Global Islamic Finance Awards
Karachi, September 16, 2020: Meezan Bank, Pakistan’s first and largest Islamic bank has been conferred with ‘Shariah Authenticity Award’ among multiple accolades at the 10th Global Islamic Finance Awards (GIFA) held in Islamabad, Pakistan. The Bank has also been recognized as ‘Shariah Auditor of the Year’ and ‘Sukuk House of the Year Award’. All the…
PSX index closed at decline of 185pts
Karachi, September 15, 2020: Market opened on a positive today, maintained positive momentum during the session but selling pressure in the end brought the index down by 165 points (unadjusted). Profit booking continues from past sessions, however, Investors have generally been switching positions from stocks that have nearly doubled from their recent bottoms (Cement) into…
Value added mineral export is future of Pakistan: EFP President
Karachi, September 14, 2020: In a statement, EFP Chief said that there are 42 types of minerals available in Balochistan out of 92 totally available in all over Pakistan, none of which are refined but simply exploited and exported, thereby widening the unemployment gap. These resources will come to an end if we do not…
NKATI demands to save Garment Industry from disaster
Karachi, September 11, 2020: Nasim Akhtar, President North Karachi Association of Trade & Industry (NKATI), has requested Prime Minister Imran Khan to reduce taxes & duties to save Pakistan’s garment industry from disaster. He demanded to impose a ban on baby baba garment’s import to protect local industry, so that millions of workers can be…