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Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”

The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...

MARI’s subsidiary secure mineral exploration licenses in the Chagai district of Balochistan.

The Directorate General Mines & Minerals Balochistan has granted two Exploration Licenses EL-322 and EL-323, and allotted area of 501.03 sq. km and 512.76...
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Economy
News Desk

Transparency International: Pakistan slips further on Corruption Perceptions Index

Pakistan dropped 16 places in the Corruption Perceptions Index (CPI) for 2021 compared to the previous year, ranking 140 out of 180 countries, Transparency International said...
News Desk

SBP maintained the Policy Rate at 9.75%

The State Bank of Pakistan has decided to keep the interest rate unchanged at 9.75% for the next two months.
News Desk

Supernet & Avara Technologies secured a project worth Rs. 250Mn

Supernet Limited(“Supernet”) announced today that they, in conjunction with their Australian technology partner Avara Technologies Pty Ltd (“Avara”) have been awarded a new project...
News Desk

Octopus Digital secures 5-year IAAS contract with a Major Cement Manufacturer...

Octopus Digital Limited has secured a high-value five-year Infrastructure as a Service (IAAS) contract on Build, Train to Operate, Maintain & Improve (BTMI) basis....
News Desk

China’s annual Crude Oil imports drop for first time in 20...

China’s annual crude oil imports slid 5.4% in 2021, dropping for the first time since 2001, as Beijing clamped down on the refining sector...
News Desk

Workers Remittances rise to $2.5bn in December

Remittances from overseas workers increased by 3.4% year-on-year, amounting to $2,520 million during the month of December 2021, said the State Bank of Pakistan...