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Karachi: The Federal Government vide Gazette Notification had extended the last date for exchange ability of old banknotes of Rs 10, 50, 100 & 1000 by one year. The holders of these old design large banknotes have been given the last chance to exchange these old design large size banknotes from the field offices of …
Continue reading “Old Design Banknotes will not be exchanged after December 31”
Pakistan’s Finance Minister, Ishaq Dar held a meeting in Islamabad with the Egyptian business Tycoon and CEO of an Egyptian company called Eighteen Elite Real Estate, Tarek Hamdy. In this meeting, the Egyptian tycoon revealed his desire to work and invest in Pakistan. He said, Egyptian investors, have long-standing business relations with Pakistan in the …
On Sunday, Federal Commerce Minister, Syed Naveed Qamar met the governor of the State Bank of Pakistan to discuss financial matters. Naveed Qamar discussed the economic issues regarding the stuck-up consignments, the opening of Letters of Credit (LCs), and issues faced by business communities. Governor of the State Bank of Pakistan, Jameel Ahmad assured the …
Reko Diq is the world’s largest undeveloped mine of copper and gold which is located in the Chaghai District in Baluchistan, Pakistan. It is the largest mine in the world because it has estimated reserves of 5.4 billion tonnes of copper and gold ore. However, a dispute case stopped the development of this project. But …
Continue reading “Reko Diq Project Continues After Court’s Approval”
Pakistan became the victim of climate change earlier this year when heavy floods strangle the provinces of Sindh and Khyber Pakhtunkhwa. Abnormal rains, thunderstorms, and melting glaciers all surrounded Pakistan and resulted in immense damage. Due to floods, more than 1700 people died among which many were women and children. Floods damaged countless properties, villages, …
Continue reading “Pakistan Gets $475 Million Loans from ADB”
The founder of the cryptocurrency exchange FTX, Sam Bankman-Fried was arrested in the Bahamas after bankruptcy Sam Bankman-Fried became the biggest name in the cryptocurrency exchange market as he established FTX and build a billion-dollar company. However, things did not go smoothly as expected as the cryptocurrency exchange crashed. Bankman-Fried filed for bankruptcy in the …
World Bank will provide $1.3 billion to Pakistan to provide agricultural and housing relief for flood-stricken population This year Pakistan faced unprecedented floods that damaged acres of land, people’s properties and took lives of hundreds of people. Ministry of national food and security, Tariq Bashir Cheema revealed that the World Bank has decided to give …
Continue reading “World Bank Decides to Give $1.3 Billion to Pakistan”
SBP Governor says that Pakistan has enough dollars to remain stable and avoid default position that everyone fears Governor of State Bank of Pakistan (SBP), Jameel Ahmed assured the nation that Pakistan has enough dollars in its reserves to meet foreign debt obligations. Recently an event took place at Institute of Business Administration (IBA) where …
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London’s stock market has lost its position as the Europe’s top stock market because of struggling economy Britain’s stock market remained the top stock market for many years but now it has been dethroned by French stock market. The economy of UK has been in a turmoil and many UK companies have suffered immense damage …
Continue reading “Europe’s Top Stock Market is Not London Anymore”
Colombo: ZEM Builders won the ‘Brand of the Year’ award for redefining the real estate industry of Pakistan at the 33rd RCCI International Achievement Awards held in Colombo, Sri Lanka. The awards aim to recognize the efforts of brands and business personalities for contributing to the economy of the country and for creating business opportunities. …
