Business
Saudia transports 30 million guests in 2023 ,records a growth of 21% in operational performance
Jeddah, February 01, 2024: Saudia, the national flag carrier of Saudi Arabia, has continued its transformation in 2023 with the transportation of over 30 million guests, which marks a 21% increase compared to the previous year, and the operation of more than 176.3 thousand flights, demonstrating a 4% increase. While transit flights witnessed a growth…
Sustained rising momentum in exports in Jan 2024
Pakistan, February 01, 2024 : Federal Minister for Interior Commerce and Industries, Dr. Gohar Ejaz is pleased to announce the positive trend in Pakistan’s exports. The Minister said, “Alhamdolillah, Pakistan’s Exports in Jan 2024 have increased by 26.9% to $2.786 billion from $2.195 billion in Jan 2023.” The imports during the same period decreased by…
PSX Performance: Jan-24: KSE-100 down by 0.8% MoM
Islamabad, February 01, 2024 : Pakistan Stock Exchange performance from January 2024, KSE-100 down by 0.8% MoM. Foreign selling clocked in at USD 37mn: The market remained range-bound, with the index hovering around 62k level in Jan’24. The month commenced on a positive note with “January effect” kicking-in, which is primarily owed to the approval…
Fly Jinnah announces the launch of International operations
Karachi, February 01, 2024 : Fly Jinnah, Pakistan’s low-cost carrier, announces the commencement of its international operations with the launch of its inaugural flight connecting Pakistan’s capital city Islamabad with the city of Sharjah in the United Arab Emirates starting from February 17th, 2024.This step marks a significant milestone in the carrier’s growth journey after…
Makkah Halal Forum 2024
Karachi, February 01, 2024 : Mr. Atif Ikram Sheikh, President FPCCI, has represented Pakistan’s private sector in Makkah Halal Forum 2024; and, has apprised that the global Halal foods market size has reached a whopping $2.5 trillion. It doesn’t stop there as it will continue to grow at 13.5 percent per year for the next…