Karachi, August 17, 2024: The State Bank of Pakistan (SBP) injected Rs901.6 billion in the market on Friday through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operation (OMO). According to OMO results issued here, the SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on August 16, 2024 for 7-day and 28-day…
Islamabad, August 16, 2024: Pakistani rupee on Friday appreciated by 16 paisa against the US dollar in the interbank trading and closed at Rs 278.54 against the previous day’s closing of Rs 278.70. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood…
President receives prestigious honour for his work in education In an announcement on Pakistan’s Independence Day, President Asif Ali Zardari awarded the Sitara-i-Imtiaz to Dr Sulaiman Shahabuddin, Aga Khan University’s (AKU) President and Vice- Chancellor for his contributions to the advancement of education and quality of life in Pakistan. The Sitara-i-Imtiaz is the third-highest civilian…
Karachi, August 16,2024: Saudia Group has announced its remarkable contributions to the success of Hajj Season 1445H through its integrated ecosystem that includes aviation, cargo, logistics, catering, ground services, and maintenance. Saudia transported over 1 million pilgrims on more than 5 thousand flights spanning four continents and more than 100 destinations, accumulating 20 thousand flight…
Karachi, August 16, 2024: In a significant step towards social empowerment, the first tranche of disbursements for the Benazir Income Support Program (BISP) is underway by JazzCash in collaboration with Mobilink Microfinance Bank. So far, over PKR 1 billion has been disbursed in campsites in Hyderabad, Matiari and Rahim Yar Khan. Under this partnership, JazzCash…