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President urges businesses to invest in stock exchange calls for rationalizing interest rates
ISLAMABAD, October 9 2024: To improve the country’s economy, President Asif Ali Zardari has called for providing a business-friendly environment by further rationalizing the interest rate, providing cost-effective energy, and supporting export-oriented industries. He urged the business community to invest in the country’s stock exchange, besides focusing on industries that support small and medium enterprises…
Pakistan dispatches first humanitarian assistance to lebanon
Islamabad, October 9 2024: The Prime Minister of Pakistan’s directives to provide humanitarian assistance to war-ravaged people of Lebanon. On the direction of the Prime Minister, NDMA arranged a special flight for 79 stranded Pakistanis from Lebanon on 9th Oct 2024 and arrived at Jinnah International Airport, Karachi. Upon their arrival, the evacuees were welcomed…
Global peace summit hosts first diplomatic round table on gaza crisis
KARACHI, October 9 2024: The Global Peace Summit (GPS) is committed to fostering collaborative solutions to the world’s most pressing challenges, aiming for a future characterized by peace, justice, and security for all. In this spirit, the Summit convened the “First Round Table on Humanitarian Cooperation on the Gaza Crisis,” where a diverse group of…
Bank Alfalah partners with cancer foundation hospital to support breast cancer patients
Karachi, October 9, 2024: Bank Alfalah has partnered with Cancer Foundation Hospital to provide life-saving treatment to women battling breast cancer. As part of this collaboration, Bank Alfalah and Roche Pakistan have contributed a total of PKR 10.75 million towards medication expenses and free-of-cost treatment for five breast cancer patients, ensuring they receive comprehensive treatment….
SBP extends financing facility up to Rs. 500 million for SMEs
KARACHI, October 9 2024: The State Bank of Pakistan has extended the financing limit for Small and Medium Enterprises for up to Rs. 500 million from a single bank/ DFI or all banks & DFIs. However, banks & DFIs are allowed to deduct the liquid assets (encashment value of bank deposits, certificates of deposit/ investment,…