Islamic banks asked to share profits alike as per Islamic principles
Karachi : Speakers at the 1st Islamic Finance Expo and Conference have asked Islamic banks to distribute the profit among shareholders and depositors alike and on the basis of Islamic principle of justice.
They said that depositors hand over [...]
Islamic Development Bank, Asian Development Bank $133mln funding to Pakistan to promote wind energy farms
Karachi : Jeddah-based Islamic Development Bank (IDB) in partnership with Asian Development Bank (ADB) has signed a US$133 million agreement for long-term lease finance (Ijara) facility for the development of two wind power projects in Sindh [...]
SCCI rejects hike in power tariff
Sialkot, Sialkot Chamber of Commerce and Industry (SCCI) has strongly rejected the recent 16 percent increase in power tariff by the government, saying that this increase will drive the last nail in the coffin of country’s dying economy. [...]
ICCI calls for sufficient budget for SMEs development
ISLAMABAD, Small and Medium Enterprises (SMEs) have been playing a key role in providing impetus to economic development, therefore Government should allocate sufficient amount of budget for SMEs development to stimulate the growth of trade [...]
SECP asks women entrepreneurs to register businesses as companies
ISLAMABAD, The Securities and Exchange Commission of Pakistan (SECP) on Thursday asked the women entrepreneurs to register their businesses as companies to ensure permanence, credibility, longevity, and stature.
Registration of businesses will [...]
Karachi Chamber of Commerce President wants Pakistanis in US lobby to get trade access
Karachi : President Karachi Chamber of Commerce & Industry KCCI Mian Abrar Ahmed wants Pakistanis living in United States to lobby to get trade access to US market by encouraging its decision makers to have Free Trade Agreement FTA between [...]
State Bank to celebrate International Museum Day May 18-19
Karachi, State Bank of Pakistan Museum and Art Gallery is organizing two-day program to celebrate International Museum Day on May 18-19, 2012 at SBP Learning Resource Centre Auditorium, Karachi to raise awareness on role of museums in the [...]
MoU signed with Agribusiness Support Fund for developing small and medium enterprises in Sindh
Karachi. Sindh Enterprise Development Fund (SEDF) inked a Memorandum of Understanding with Agribusiness Support Fund (ASF) under USAID’s Agribusiness Project, for cooperation in the areas of agriculture and agribusiness sector with particular [...]
State Bank decides to implement International Bank Account Number (IBAN) Standard in Pakistan
Karachi, State Bank of Pakistan (SBP) Tuesday decided to implement International Bank Account Number (IBAN) standard in the country with a view to bring about account code standardization and efficiency in processing of payments for domestic [...]
PASDEC to establish another arble quarry up-gradation in FATA
ISLAMABAD, Pakistan Stone Development Company (PASDEC) will establish another marble quarry up-gradation project in FATA to develop the marble and granite sector of Pakistan.
In this connection an agreement was signed between PASDEC and Badal [...]
