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Jameel Ahmad appointed as SBP’s new Governor
KARACHI: Federal government appointed Jameel Ahmad as new Governor of State Bank of Pakistan (SBP). He was previously central bank’s Deputy Governor. “In exercise of powers conferred under Section 11A(1) read with Section 14(1) of State...
Legendary business leader late Tariq Sayeed remembered
Karachi: Irfan Iqbal Sheikh President FPCCI paid glowing tributes to legendary, highly-accomplished and immensely popular business leader late Tariq Sayeed on his first death anniversary. He said that Tariq Sayeed nurtured and inspired three generat...
SBP allows exchange firms to export foreign currencies other than dollar
KARACHI: State Bank of Pakistan (SBP) allowed all exchange companies to export foreign currencies other than dollar and bring in greenback in their foreign currency accounts maintained with banks in Pakistan. In a statement issued in this regard, ce...
SBP ranks Bank Alfalah as No. 1 Primary Dealer for FY2021-22
KARACHI: Bank Alfalah Limited announced that it has been ranked as no. 1 Primary Dealer for government securities by State Bank of Pakistan (SBP) for fiscal year 2021-2022. By achieving this huge milestone, Bank has cemented its place in banking indu...
RBS, top performers of smart cities awarded by President Dr Alvi
KARACHI: Royal Business Solutions (RBS) real estate and builders providing most excellent and efficient facilities to their clients since 2014 has revolutionised real estate sector with their constant efforts and hard work. Moreover, RBS has been sta...
British airline increases flights for Pakistan
KARACHI: British airline Virgin Atlantic has announced to increase its flights to Pakistan, operating nine flights in a week from Islamabad and Lahore. According to details, Virgin Atlantic will be operating five two-way flights from Lahore. From Lon...
IMF programme to bring economic stability: Miftah Ismail
KARACHI: Minister for Finance and Revenue Miftah Ismail said that macro-economic stability will come along with International Monetary Fund (IMF) programme resuming, which is expected to be finalised by end of August as all conditionalities have been...
Power company land issues to resolve soon: CM Murad
KARACHI: Sindh Chief Minister Murad Ali Shah said that Thar Coal Block-I affected people (PAPs) would be settled properly by establishing their colonies to be equipped with all facilities. “Shanghai Group working in Block-I should expedite cons...
Rupee gains 0.53paisas versus dollar
KARACHI: Rupee made a modest recovery against dollar in interbank market after Finance Ministry and State Bank of Pakistan (SBP) gave a roadmap for ongoing fiscal year to overcome economic crisis facing country. Rupee registered a minor gain of 0.53...
Imran has introduced abusive language in politics: Dharejo
KARACHI: Sindh Minister for Industries and Commerce and Cooperative Department Jam Ikramullah Dharejo talking to media in Sindh Assembly Building said that incompetent government of Pakistan Tehreek-e-Insaf had destroyed economy of country during its...
