Author: PakPositive Staff

The Makkah Route Initiative extends to Karachi for Hajj pilgrims, offering streamlined immigration processes at home airports, as Pakistan’s government aims for nationwide implementation, reduced airfare, and enhanced pilgrimage support. The cost of Hajj for the next year has been reduced to PKR 1,075,000, showcasing the government’s commitment to accessibility and convenience.

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HBL has set a significant industry milestone by providing Rs 1 billion in financing for solar tube wells, establishing itself as a leader in promoting sustainable and climate-smart agriculture. This financing initiative enables farmers to embrace capital-intensive solar technologies affordably and efficiently. Farmers benefit from seamless access to credit through HBL’s extensive rural network, aligning with the bank’s commitment to sustainable agriculture in harmony with the Aga Khan Development Network’s (AKDN) Net Zero Goal by 2030. As a signatory of the Principles of Responsible Banking (PRB) and Net Zero Banking Alliance (NZBA), HBL actively promotes renewable energy sources in agriculture,…

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Pakistan’s IT and IT-enabled Services (ITeS) sector witnessed a 4.4% increase in export remittances, reaching $893 million in the first four months of FY23-24. Despite impressive growth over the past five years, challenges such as policy inconsistency and taxation issues hinder the sector’s goal of reaching a $15 billion export potential, according to the Ministry of Information Technology and Telecommunication.

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