Karachi, 12 November 2024: Pak-Qatar Asset Management Company Limited (PQAMC), a premier Shariah-compliant asset management firm and part of Pakistan’s pioneering Islamic finance group, has announced a dividend of PKR 1.9730 per unit for its Pak-Qatar Monthly Income Plan (PQMIP) for October 2024. This distribution reflects an impressive annualized return of 20.97% YTD, as of…
Karachi, 12 November 2024: In a significant move for digital banking in Pakistan, BankIslami has launched a revamped mobile app that combines advanced security features with user-friendly functionality, marking a new era in secure and accessible banking for customers nationwide. This redesigned app offers a comprehensive suite of banking services, designed to empower users to…
LAHORE, November 12 2024: A recent expose has uncovered serious security lapses within Pakistan Railways, putting the lives and safety of millions of passengers at risk. Security cameras, baggage scanners, and other crucial equipment, valued in the millions of rupees, are either outdated, broken, or non-functional, leaving railway stations across the country vulnerable to criminal…
NEW DELHI, November 11 2024: The Pakistan High Commission in New Delhi announced on Sunday that it has issued more than 3,000 visas to Sikh pilgrims from India, enabling them to participate in the birthday celebrations of Baba Guru Nanak, the founder of Sikhism, in Pakistan from November 14 to 23, 2024. The announcement follows…
KARACHI, November 11 2024: Car sales in Pakistan clocked in at 13,108 units in Oct 2024, reflecting a 112% YoY and 27% MoM increase in sales, as reported by PAMA. This takes 4MFY25 sales to 40,693 units a 50% YoY rise from 27,162 units in 4MFY24. This increase is primarily driven by improved auto financing…