Business
Minister credits SIFC for boosting IT exports to $10 billion
Islamabad, December 25, 2023 : Dr. Umar Saif, the Caretaker Federal Minister for Information Technology and Telecommunication, stated that the prompt decisions of the Special Investment Facilitation Council (SIFC) are producing significant outcomes, propelling Pakistan’s IT exports towards the $10 billion mark. In a video message, the minister announced, “Last month, in collaboration with the…
Finance ministry denies salary fund delay
Islamabad, December 25, 2023 : The Finance Ministry categorically dismissed as unfounded the news broadcast by a private channel, which claimed a delay in releasing funds for development projects and salaries. In a counter statement, the Ministry’s spokesperson declared that the news aired on a private channel, alleging a delay in releasing funds for development…
Pakistan railways set to extend 96-train network
Islamabad, December 25, 2023 : To better serve commuters, Pakistan Railways will expand its express train network to 96 by December 25, covering the entire country and accommodating more passengers. “Prior to achieving the full network of 96 trains across the entire railway system, last year’s train count stood at 86. This number is expected…
Majid Al Futtaim expands its investment in Pakistan to Rs 14 Billion with two new Carrefour Supermarkets
Lahore, December 22, 2023: Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Pakistan, announced the inauguration of two new Carrefour supermarkets in Lahore, as part of Majid Al Futtaim’s vision to expand its investment and retail footprint in the country. With this expansion, Majid Al Futtaim’s current investment in Pakistan is…
Meezan Bank holds its 63rd Shariah Board Meeting chaired by Justice (Retd.) Muhammad Taqi Usmani
Karachi, December 20, 2023: The 63rd meeting of Meezan Bank’s Shariah Board held at Darul Uloom, Karachi under the Chairmanship of Justice (Retd.) Muhammad Taqi Usmani, along with other members of the Shariah Board, Dr. Muhammad Imran Ashraf Usmani, Sheikh Esam Mohamed Ishaq and Mufti Muhammad Naveed Alam (Resident Shariah Board Member). Meezan Bank’s Founding…