Business
Nestlé Pakistan Sales Dip in Nine-Month Review
LAHORE: Nestlé Pakistan has announced its sales figures for the nine months ending September 30, 2024, reporting PKR 149.2 billion. This marks a decline of 1.3% compared to the same period last year. The decrease in growth is largely attributed to new taxes introduced in the Finance Act, which led to price increases that ultimately…
Pak Companies to Attend Road Shows in China: B2B Activities to Be Accelerated
Islamabad, October 23, 2024 – In a significant move to enhance trade relations, major Business-to-Business (B2B) roadshows focusing on the leather and fisheries sectors are set to take place in China. The events will be held on October 29 in Qingdao and November 5 in Guangzhou, featuring prominent Pakistani participation, including 30 representatives from 17…
Standard Chartered Bank hosts 3rd Annual Global Shari’ah Majlis
Karachi, 23 October 2024: The Global Shari’ah Majlis, a highly anticipated event in the Islamic finance industry, was held on Wednesday, 23 October 2024. Hosted as a hybrid event, this prestigious gathering brought together global Shari’ah scholars for an engaging dialogue on the topic of “Islamic Finance: Transforming for a Better Tomorrow’. The Global Shari’ah…
Rousseff Highlights the Growth Potential of BRICS Economies
Shanghai, (Xinhua) October 23 2024: Dilma Rousseff, president of the New Development Bank (NDB), highlighted the immense potential and growth capacity of BRICS nations, declaring them significant players in the global economy. “In terms of GDP, BRICS countries have already surpassed the G7 in significance,” she noted. BRICS, which stands for Brazil, Russia, India, China,…
Pak-Qatar Group and IFMP Collaborate to Boost Islamic Financial Expertise
Karachi, October 22 2024 – Pak-Qatar Group (PQG), Pakistan’s premier and pioneer Islamic financial services group, has entered into a strategic partnership with the Institute of Financial Markets of Pakistan (IFMP) by signing a Memorandum of Understanding (MoU). This collaboration aims to develop the skills and knowledge in Takaful and Islamic financial services, ensuring alignment…