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Pak-Qatar Takaful and IBA CEIF Hold Webinar on Takaful
Karachi, July 29, 2020: Pak-Qatar Takaful Group in collaboration with IBA-CEIF (Centre for Excellence in Islamic Finance) recently organized a webinar session on Understanding Takaful. Mufti Hassaan Kaleeem (Chairman, Shariah Board-Pak-Qatar Takaful Group) and Azeem Pirani (CEO, PQFTL) were the key speakers at the online session. Mufti Hassaan Kaleem focused on the concept of Takaful (How it evolved?), its need and importance…
NBP, UBL, MCB & SCB least performing banks under SBRozgar Scheme
KARACHI, July 27, 2020: Under the State Bank of Pakistan (SBP) Rozgar Refinance Scheme, financing of Rs125.9 billion has been approved by banks for 2068 businesses covering wages and salaries of over 1.2 million employees up till 10th July 2020. Soon after the introduction of the Scheme, a large number of applications to avail financing…
NBP collaborates with Winrock
Karachi, July 22, 2020: A Memorandum of Understanding (MOU) has been signed between National Bank of Pakistan (NBP) and US based Winrock International Institute for Agricultural Development (Winrock) for collaboration between the two organizations to look at increasing ways and means of credit availability to farmers, processors and service providers and enhancing financial literacy in…
Electrical and mechanical work of OLMT successfully passes the completion confirmation
Lahore, July 15, 2020: With Punjab Mass Transit Authority (PMA) and NESPAK-CEC’s strong support, the completion acceptance of E&M works undertaken by CR-NORINCO for OLMT have been confirmed and signed by Owner’s representatives on July 13, 2020. The project is currently being handed over by full support from CR-NORINCO, under a unified arrangement with PMA….
US and China are entering a new Cold War amid COVID19 pandemic
“So far, Pakistan has done a commendable job of keeping relations with both US and China”, said Humayun Akhtar Khan Chair and CEO of the Institute for Policy Reforms at an online seminar held today on the US-China tensions and its implications for Pakistan. A distinguished panel of speakers shared their ideas, including Dr. Anatol…