Islamabad: The Board of Governors of the International Finance Corporation (IFC) has provided assistance to finance the PTCL Group for the acquisition of Telenor Pakistan. The decision sees the PTCL Group sign a share purchase agreement with Telenor Pakistan to acquire 100 percent of the company’s shares in cash, debt-free. PTCL has partnered with IFC,…
ISLAMABAD: International Non-Profit Organizations (INGOs) have been found operating without mandatory registration with the Ministry of Interior in Pakistan. Sources said that INGOs such as Tobacco-Free Kids and Key Strategies are working without mandatory registration in Pakistan, especially with the Ministry of Interior. According to Pakistani law, all INGOs must be registered with the Ministry…
The Federal Democratic Republic of Ethiopia (FDRE) and the Islamic Republic of Pakistan have agreed to launch the Green Legacy Initiative of H.E. PM Dr. Abiy Ahmed in the major cities including Lahore, Peshawar, Karachi, Quetta, Sialkot and others.This was agreed upon in a meeting between H.E. Jemal Beker Abdula, Ambassador of Ethiopia to Pakistan,…
ISLAMABAD: HHR has finalized the distribution of grain with the Red Cross and the International Federation of Red Societies (IFRC) to support the lives of people affected by the 2022 monsoon floods. As part of the relief initiative, 60 cows have been distributed to flood victims in each of the five districts of Sindh including…
The ambassador also said that Iran wants to strengthen relations with Pakistan in all areas of mutual interest. Both Pakistan and Iran are brothers and neighbors; Federal Minister Rana Tanveer Iran’s top leadership supports developing close cooperation with Pakistan in all fields; Ambassador of Iran Dr. Reza Amiri Mohammad We want to import more meat,…
ISLAMABAD (): ICCI Eid al-Fitr has been launched in Sector I-8 to provide a convenient shopping experience for the residents of the twin cities. The festival will continue till Chand Raat. The festival is organized by Islamabad Chamber of Commerce and Industry (ICCI) in association with ICT Authority, MCI and relevant market associations. Islamabad Deputy…
Karachi – Pakistan Red Crescent Society (HHR) Chief Sardar Shahid Ahmed Laghari on Friday held an important meeting with Director General (DG) Rangers Sindh Major General Azhar Waqas at Pakistan Rangers Sindh headquarters. Humanitarian initiatives in Sindh were discussed in the meeting. In the dialogue, Chief Laghari highlighted the determination and commitment of HHR, especially…
Islamabad: Pak-Qatar Asset Management Company Limited (PQAMC) is a leading Islamic asset management company in Pakistan and part of the Pak-Qatar Group, a leading Islamic financial services group in Pakistan. PQAMC recently announced the monthly dividend of the Pak-Qatar Monthly Income Plan (PQMIP), one of PQAMC’s ‘Company Matching Mutual Fund’ plans. This plan is the…
ISLAMABAD: H.E. Jemal Beker Abdula, Ambassador Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to the Islamic Republic of Pakistan, on Thursday announced to mobilize another trade delegation of Pakistani businessmen to Ethiopia by May-end this year for further strengthening business, trade and commercial connections between the two countries.Addressing the business community at…
Islamabad: Pakistan Telecommunication Company Limited (PTCL) and National Insurance Company Limited have agreed to provide Smart Cloud Services with their allied licensees. Khalid Hamed, Group Vice President, Enterprise Solutions, PTCL, and Chief Executive Officer, National Insurance Company Limited (NICL) signed the agreement at a ceremony held at the NICL headquarters in Karachi. Umar Farooqui, Team…
