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Thu, November 21, 2024
Pakistan
Source: Twitter
World Now

Prince William Awards MBE To Pakistani-Born Businessman For His Philanthropic Services In Britain

Pakistani-born businessman Suleman Raza was recently awarded the prestigious Member of the Order of the British Empire (MBE) by Prince William at Windsor Castle. The award was given in recognition of Raza’s services to the economy, entrepreneurship and philanthropy in the United Kingdom. Some snaps from the classy ceremony Thrilled & honoured to receive my […]

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Source: The Drive
Business Now

Official Release: Honda Civic Crosses PKR 1 Crore Mark For The First Time In Pakistan

Honda Atlas Cars have once again increased the prices of its vehicles in Pakistan, causing widespread concern among consumers. With the latest hike, the cost of the high-end Civic variant has crossed the Rs 10-million mark for the first time in history. This move by the automaker comes amid a challenging economic environment in the […]

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Source: The Economic Times
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Major Crisis: Dozens Of PIA Pilots Tender Their Resignations After Huge Cut In Salaries

Pakistan International Airlines (PIA) has been facing economic turmoil for quite some time, and to keep the airline afloat, the management had to make the difficult decision of cutting salaries by 35%. However, this decision didn’t go well with the pilots, and dozens of them resigned immediately, causing outrage among their representative organization, the Pakistan […]

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Source: Business Telegraph/Entrepreneur
Business Now

Milestone Achieved: Pakistani Banks Launch Blockchain Technology To Combat Money Laundering

Pakistani banks have recently launched blockchain technology to fight against money laundering. The move comes as a response to the increasing concerns around financial crimes, including money laundering and terrorist financing, which have been on the rise in the country. Achieving the huge milestone, Abid Qamar, the spokesperson of the State Bank of Pakistan (SBP) […]

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Source: Bloomberg.com
Politics Now

Islamabad Court Rejects Imran Khan’s Plea Seeking Suspension Of His Arrest Warrant In Toshakhana Case

In a recent development, an Islamabad district and sessions court dismissed the plea of Imran Khan, the chairman of Pakistan Tehreek-e-Insaf (PTI), seeking suspension of his arrest warrant in the Toshakhana case. Imran Khan is accused of misusing luxury cars belonging to the government and foreign donors. The lawyer support Imran Khan’s lawyers argued that […]

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Source: DHL/YouTube
Business NowEconomyMust ReadPakistan

DHL Shuts Down Its Operations In Pakistan Due To Uncertain Economic Conditions

DHL, a global logistics company, has recently announced that it will be reducing its operations in Pakistan due to restrictions on remittances outflow and worsening economic conditions. The company cited a number of factors for the decision, including high inflation, a weak currency, and a challenging business environment. Pakistan’s foreign investment in shambles Pakistan has […]

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Source: LinkedIn/The Financial Express
InternationalMust ReadWorld Now

US President Nominates Indian Origin Ajay Banga As The Next President Of World Bank

This week, US President Joe Biden announced his nomination of Ajay Banga, the former CEO of Mastercard, as the new President of the World Bank. The World Bank is an international organization that provides financial and technical assistance to developing countries around the world. Indians making their mark in the tech world Banga, an Indian-American, […]

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