Daily Archives: January 1, 2019

Eng. Daroo Khan and Dr. Mirza Ikhtiar Baig Elected as President and Sr. Vice President FPCCI respectively

Karachi, January 01, 2019 (PPI-OT): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held its Annual General meeting on December 29, 2018 at Federation House Karachi wherein the Election Commission announced the results of FPCCI Elections 2019. As …

Ameena Saiyid and Asif Farrukhi present Adab Festival Pakistan in partnership with Getz Pharma

Karachi, January 01, 2019 (PPI-OT): “The first Adab Festival Pakistan in partnership with Getz Pharma will be held on 1, 2, 3 February 2019 at the Sindh Governor House Karachi”. This announcement was made by Ameena Saiyid OBE and Asif …

PTCL Partners with Cloudflare to Improve Internet Response Time

Islamabad, January 01, 2019 (PPI-OT): In an effort to further optimize network performance, PTCL has added Cloudflare’s Content Delivery Network to its list of internationally renowned global CDNs, which include but are not limited to Google, Facebook and Netflix.

Most …

MCB Partners with Bank Al Jazira’s Fawri For Easy Remittances from Saudi Arabia

Lahore, January 01, 2019 (PPI-OT): MCB Bank has entered into an agreement with leading Saudi financial institution, Bank Al Jazira (Fawri), for the facilitation of remittances to Pakistan.

MCB, through this strategic partnership, will facilitate overseas Pakistanis in Saudi Arabia …

PACRA Maintains Rating of Askari Bank Limited | TFC VI (Additional Tier I) | Jul-18

Lahore, January 01, 2019 (PPI-OT): The rating reflects relative positioning of the Bank, driven by AKBL’s strong ownership structure whereby Fauji Foundation Group – an established business conglomerate with strong financial muscle – holds majority stake. The Bank has continued …

Mohmand Dam! A Long Awaited Project

Lahore, January 01, 2019 (PPI-OT): WAPDA has been able to successfully realign this important project after a delay of decades. Removing the legal, financial and technical snags, the project is all set to kick start as early as second week …

State Bank facilitates exporters by restoring advance payment facility

Karachi, January 01, 2019 (PPI-OT): State Bank of Pakistan (SBP) has allowed the Authorized Dealers to effect advance payments up to USD 10,000/- per invoice on behalf of importers cum exporters for import of raw materials, accessories and spares.

The …

Militant Raid Kills Four Pakistani Soldiers

ISLAMABAD Officials in Pakistan said Tuesday that at least four security forces were killed when a group of heavily armed militants assaulted a paramilitary training center in southwestern Baluchistan province.

The Pakistani military’s media wing said that “terrorists” attempted to …

Spokesperson of Islamic Development Bank Group visits UNA headquarters

Jeddah Director General of the Union of OIC News Agencies (UNA) Issa Khaireh Robleh received Spokesman of Islamic Development Bank (IsDB) Group Dr. Abdul Hakim Elwaer, at the UNA headquarters in Jeddah on Monday.

During the meeting, the two sides …

President Abbas: Jerusalem is not for sale

Ramallah President Mahmoud Abbas lit the torch on Monday evening in Ramallah marking the 54th anniversary of the launch of the Palestinian liberation revolution and Fateh movement.

On this occasion, President Abbas reiterated that Jerusalem is the eternal capital of …