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On Thursday, the Pakistan Stock Exchange (PSX) achieved a new historic peak, surpassing the previous record of 58,198. The benchmark…
Sheikh Saleh Al Humaid, guardian of Masjid Al Haram, is in Islamabad to bolster ties between Pakistan and Saudi Arabia, emphasizing unity and shared values, including leading Friday prayers at Faisal Mosque.
Chikoo and Bank Alfalah join forces to revolutionize Pakistan’s business landscape, offering a seamless digital experience for over 5 million small enterprises. This strategic partnership integrates Chikoo’s solutions with Bank Alfalah’s advanced payment technology, marking a milestone for digital commerce innovation in the country.
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.
Faysal Bank takes the lead in Islamic banking by introducing Digital Payments through WhatsApp, offering customers a seamless and convenient banking experience. This innovation reflects the bank’s commitment to continuous improvement in digital services.
To address fuel shortages, Punjab Police in Pakistan is set to acquire 200 electric bikes, saving millions in annual fuel costs. The decision comes amid a budget cut for fuel and a broader move toward sustainability in the face of a severe crisis.
Kia Picanto Automatic gets upgraded with a 9-inch touchscreen and a rear-view camera, maintaining its price at Rs. 3,850,000, with an extra Rs. 50,000 cashback for early bookings. Meanwhile, Pak Suzuki enhances safety features in the Swift line-up, introducing airbags, fog lamps, and seatbelt reminders for an improved driving experience.
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.
PIA announces a 20% discount and an 80 kg luggage allowance exclusively for students on flights to China, encouraging student travel and aiding the airline’s recovery efforts.
Pakistan Petroleum Limited achieves a substantial gas and condensate discovery at the Jhim East X-1 well in Shah Bandar, Sindh, contributing to energy sector needs and reducing the supply-demand gap in the country. #PPLDiscovery #EnergySecurity