Category: Affairs

Dubai Islamic Bank Pakistan Limited (DIBPL) has signed an Issuing Bank Agreement (IBA) with the International Finance Corporation (IFC) to support international trade in Pakistan. Under the agreement, IFC will guarantee payment of DIBPL obligations to support their trade finance transactions with tenors of up to one year. This will

Martin Raiser, Regional Vice President of World Bank for South Asia along with a delegation including Country Representative Najy Benhassine called on Prime Minister Shehbaz Sharif in Islamabad today. Welcoming Raiser, the premier lauded the contribution of the World Bank to the development of Pakistan. He appreciated the support extended

LSE Ventures Limited (PSX: LSEVL) has withdrawn its petition from Lahore High Court to merge with Digital Custodian Company Limited, the investment company informed the main bourse on Wednesday. ‘Due to the need for the fresh valuation for determination of the SWAP ratio, the merger petition through C.M. No. 2/2024

The Pakistan Poultry Association announced on Tuesday a decrease in chicken prices in local markets across the country. Currently, chicken meat is retailing at Rs. 470 per kg, reflecting a decrease of Rs. 78 per kg. According to the association, there has been a significant decline of Rs. 227 per

Worldcall Telecom Limited (PSX: WTL) has been informed by Worldcall Services (Private) Limited (WSL) that GlobalTech Corporation (GTC), a US Company, has commenced trading under the symbol GLTK, the tech firm informed the main bourse on Wednesday. With the commencement of trading of GTC, all terms and conditions mentioned in

A high-level delegation of EDOTCO Group led by its Group CEO Mohamed Adlan Ahmad Tajuddin called on Minister of State for IT Shaza Fatima Khawaja on Wednesday. Matters of mutual interest and related to telecom infrastructure were discussed in the meeting. While talking to the delegation, the minister said that

The Punjab Excise Department has decided to start collecting property tax from vacant plots across the province, including Lahore. According to Additional DG Rizwan Sherwani, they will conduct geo-tagging to identify individuals who fail to pay taxes on vacant plots. Geo-tagging will help identify all the vacant plots within the

Federal Minister for Commerce Jam Kamal Khan has stressed the need for Pakistan and Belarus to elevate their bilateral trade relations to fully exploit their potential. Pakistan has been exporting a diverse range of goods to Belarus, including medicaments, optical/medical apparatus, rice, leather articles, textiles, cutlery, footwear, sports requisites, cotton