Pakistan

The government sells PIA’s precision engineering complex to the Pakistan Air Force for Rs 6.5 billion – Trendy Blogger

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The government sells PIA’s precision engineering complex to the Pakistan Air Force for Rs 6.5 billion – Trendy Blogger

The government has decided to sell Precision Engineering Complex (PEC), a business unit of Pakistan International Airlines (PIA), to the Pakistan Air Force (PAF) for Rs 6.5 billion. The deal includes Rs 2.5 billion in cash and Rs 4 billion in employee-related liabilities. The Express Tribune Quoting government officials. A ministerial committee has already approved … Read more

Asset management funds in Pakistan exceed Rs. 3 trillion teachers – Trendy Blogger

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Asset management funds in Pakistan exceed Rs. 3 trillion teachers – Trendy Blogger

Islamabad: Asset Management Companies (AMCs) in Pakistan have achieved a historic milestone, with their collective assets exceeding Rs. 3 trillion for the first time. This remarkable growth is due to strong inflows from individual and corporate investors, driven by attractive profit rates ranging between 20% and 25% in the current financial year. After reaching Rs. … Read more

Ghee and cooking oil prices are skyrocketing across Pakistan – Trendy Blogger

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Ghee and cooking oil prices are skyrocketing across Pakistan – Trendy Blogger

Islamabad: Prices of basic food items, such as ghee and cooking oil, have risen by up to 20% over the past two months, leaving families experiencing increasing financial pressure. This rise comes despite government claims of a downward trend in inflation, which has raised concern among citizens who are already suffering from high costs of … Read more

Pakistan and Czech Republic discuss key strategies to enhance economic cooperation – Trendy Blogger

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Pakistan and Czech Republic discuss key strategies to enhance economic cooperation – Trendy Blogger

Islamabad: Federal Minister for Economic Affairs Ahed Cheema on Thursday discussed key strategies to enhance economic cooperation between Pakistan and the Czech Republic. Federal Minister for Economic Affairs Ahad Cheema expressed his enthusiasm for the upcoming inaugural session of the Pakistan-Czech Joint Ministerial Committee during his meeting with Ladislav Steinhubel, Ambassador of the Czech Republic … Read more

Justice Dr S M Anwar has been honored with the CLAA Award 2024 for pioneering usury-free economy in Pakistan trendy blogger

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Justice Dr S M Anwar has been honored with the CLAA Award 2024 for pioneering usury-free economy in Pakistan trendy blogger

Special report Dubai: The historic inaugural presentation of the Cambridge Lifetime Achievement Award 2024 saw the award of the prestigious Banking Leadership Award to Justice Dr Syed Muhammad Anwar of the Federal Sharia Court of Pakistan recently. This honor comes in honor of his pivotal contributions to Islamic finance, especially his instrumental role in the … Read more

Pakistan will import Russian crude oil as of January 2025 – Trendy Blogger

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Pakistan will import Russian crude oil as of January 2025 – Trendy Blogger

Pakistan has agreed to import Russian crude oil at a discounted price, following the agreement reached during the intergovernmental committee meeting in Moscow. News I mentioned. Federal Minister of Energy Sardar Owais Leghari led the Pakistani delegation to the meeting. The two sides decided to resume crude oil trade from January 2025, with Pakistan importing … Read more

Pakistan poised to lead Shariah-compliant finance: Chairman, Securities and Exchange Commission of Pakistan – Trendy Blogger

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Pakistan poised to lead Shariah-compliant finance: Chairman, Securities and Exchange Commission of Pakistan – Trendy Blogger

Islamabad: Chairman of the Securities and Exchange Commission of Pakistan (SECP), Akif Saeed, highlighted Pakistan’s potential to become a global leader in Shariah-compliant finance. Speaking at a press conference, he revealed that the compliance rate in Pakistani capital markets had reached 90%, in line with international standards. The announcement came ahead of the 2nd International … Read more