Karachi, January 08, 2020: UNHCR, the UN Refugee Agency and the Pakistan Poverty Alleviation Fund (PPAF) Wednesday launched a livelihood project aimed at providing sustainable livelihood opportunities for both Afghan refugees and Pakistani communities. The livelihood project is estimated to be worth Rs. 320 million and, in addition to the 3,000 Pakistani households benefitting from…
Karachi, January 08, 2019: The signing ceremony was held at NBP Head Office, Karachi and was attended by Mr. Rashed A. Al Ansari – General Manager, Worldwide Cash Express Limited, Mr. Saad ur Rahman Khan – SEVP/Group Chief, International, Financial Institutions & Remittances Group and NBP’s Home Remittances team. Headquartered in Abu Dhabi and present…
Karachi, January 08, 2019: Again market took the toll of early morning Iranian strike on Iraqi Military base housing American soldiers. Oil price went haywire with an initial surge towards $72/bbl, but gradually came down as Iranian government signaled an end to confrontation for the time being. Oil & Gas chain bore the brunt of…
Karachi, January 07, 2020: In the aftermath of US-Iran confrontation and developing geo-political situation, world markets staged a recovery with an understandable decline in international crude prices. KSE100 index also partially recovered the points lost yesterday with an increase of 649pts by the end of session. Banks, OMCs, Refineries and Cement sectors remained in the…
Karachi, January 07, 2020: The State Bank of Pakistan today released its First Quarterly Report on the State of Pakistan’s Economy for FY20. According to the report, Pakistan’s economy moved progressively along the adjustment path during the first quarter of FY20. The macroeconomic stabilization process picked up momentum with the initiation of the IMF’s Extended…