By Reuters Major U.S. airlines ground stops on Friday citing communications issues, while other carriers, media companies, banks and telecoms firms around the world also reported system outages were disrupting their operations. American Airlines, Delta Airlines, United Airlines, and Allegiant Air grounded flights less than an hour after Microsoft said it resolved its cloud services…
Islamabad, March 22, 2021: Pakistan Microfinance Investment Company Limited (PMIC), the country’s foremost organization serving as a vital pillar to the National Financial Inclusion Strategy, recently set up and launched its “Institution Development Fund” to provide support to the companies that would not normally meet PMIC’s financing requirements. PMIC has always encouraged greater ingenuity, innovation, and…
Islamabad, March 17, 2021: A special function was organized by Al-Khidmat Foundation and Baghban Trust in which financial assistance was provided to 14 families and cash checks were distributed in collaboration with Al-Khidmat Foundation and Baghban Trust Program Officer Moakhat Saqib Riaz was also present on the occasion. On this occasion, the President of Al-Khidmat…
Karachi, March 10, 2021: Advisory Council of the Federation of Pakistan Chambers of Commerce and Industry on Budget finds various laws and regulations that do not generate much revenue on the other hand badly affecting ease of doing business ranking of Pakistan. Mian Nasser Hyatt Maggo President FPCCI in this regards has already communicated to…
Karachi, March 02, 2021: The Board of Directors of Shell Pakistan Limited (SPL) announced financial results for the year ended December 31st, 2020. The company posted a loss after tax of PKR 4,821 million for 2020 compared to the loss of PKR 1,485 million in 2019. The second half of 2020 saw significant recovery with a profit after…