International
Fly Jinnah marks its first flight to Muscat
Pakistan, May 11, 2024 : Fly Jinnah, Pakistan’s low-cost carrier commenced its first non-stop flight from Islamabad International Airport to Muscat International Airport in Oman. Upon arrival at Muscat International Airport, the flight was greeted with a traditional water cannon salute and a welcome ceremony. The newly added route will connect both cities with a…
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…
Pakistani rupee registers gain against USD
Karachi, April 30, 2024 : Following a slight dip, the Pakistani Rupee strengthened by 0.8 paisa against the US dollar on Tuesday in interbank trading, closing at Rs 278.31 compared to the previous day’s Rs 278.39. As per the Forex Association of Pakistan (FAP), the dollar’s buying and selling rates in the open market stood…
USD strengthens against Pakistani rupee
Karachi, April 29, 2024 : On Monday, the Pakistani Rupee experienced a marginal decrease of Rs 0.1 paisa against the US dollar in interbank trading, concluding at Rs 278.39, as opposed to the previous day’s closing rate of Rs 278.38. As per the Forex Association of Pakistan (FAP), the open market saw the dollar’s buying…
A closer look at China’s economic steadiness, vitality and potential
BEIJING: The Chinese economy has seen its recovery gather steam in the first quarter (Q1) of 2024, displaying strength and resilience and bringing much-needed certainty to an otherwise uncertain global economic landscape. In the first three months of the year, China’s GDP expanded 5.3 percent from one year earlier, accelerating from 5.2 percent in the…