Economy
US dollar strengths against Pakistani rupee
Karachi, May 20, 2024 : On Monday, the Pakistani Rupee weakened by 09 paise against the US Dollar in interbank trading, closing at Rs 278.29 compared to the previous day’s close of Rs 278.20. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the US Dollar in the open market…
CEO Indus Motor awarded the business leader award 2024 by the Institute of Chartered Accountants of Pakistan
Karachi, May 09, 2024: Chief Executive, Indus Motor Company, Mr. Ali Asghar Jamali has been honored with the Business Leaders Award 2024 by the Institute of Chartered Accountants of Pakistan (ICAP) at a recently held ceremony in Karachi. The ICAP’s Professional Excellence Awards 2024 aim to recognize members in business for their contribution, performance, and…
ABHI partners with Alraedah digital solutions to revolutionize financial services in KSA
Riyadh, May 09, 2024 : Alraedah Digital Solutions, a leading technology company and the innovation arm of Alraedah Digital Group, is thrilled to announce a strategic partnership with ABHI, a MENAP-based Fintech specializing in Earned Wage Access and Invoice Factoring. The collaboration marks a significant milestone in Alraedah’s commitment to fostering innovation and driving regional…
Shell Pakistan announces profit for Q1 2024
Karachi, May 08, 2024 : The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company. The company posted a profit after tax of PKR 314 million compared to the loss after tax of PKR 4,762 million made in the same period last year. The Mobility business grew its…
REAP refutes news of import ban on Pakistani rice by Russia
Mr. Chela Ram Kewlani, Chairman REAP and Mr. Haseeb Ali Khan, SVC REAP apprise that we thoroughly investigate the issue of Russian consignment from Pakistan. There was a minor issue due to long transit time. The Exporter fulfilled all the protocols during Russian shipment. They also informed that all protocols have been followed, and there…