The Securities and Exchange Commission of Pakistan (SECP) announced on Wednesday that three new Housing Finance Companies (HFCs) were granted licences in FY21, with the goal of revitalising the industry.The firms include Pakistan Housing Finance Company Limited, Trellis Housing Finance Company Limited, and Asaan Ghar Finance Limited, according to theContinue Reading
RAWALPINDI :On Wednesday, Chief of the Army Staff General Qamar Javed Bajwa met with Dr Khalid Bin Mohammed Al Attiyah, deputy prime minister and minister of state for defence affairs, and Lt Gen Ghanim Bin Shaheen Al-Ghanim, chief of staff of the Qatar Armed Forces, according to a press releaseContinue Reading
ISLAMABAD :Samsung has been in negotiations with three investors about establishing a mobile manufacturing facility in Pakistan. According to sources, one of the three parties has a franchise from Korea and has already established car assembly factories in Pakistan as part of the Auto Development Policy (ADP) 2016-21, while theContinue Reading
ISLAMABAD — The National Command and Operation Center (NCOC) voiced great worry on Wednesday over the country’s recurrence of global pandemic cases.The problem of rising coronavirus infections was discussed at a meeting led by Federal Minister for Planning Asad Umar. Provincial Chief Secretaries were also able to participate in theContinue Reading
SLAMABAD: According to ARY NEWS, parts of Gilgit Baltistan and Azad Jammu and Kashmir (AJK) are among the 22 locations in the nation with the highest COVID positive percentage. According to National Ministry of Health sources, Gilgit has the highest positive rate of 27.03 percent, followed by Muzaffarabad with 13.79Continue Reading
LAHORE: Punjab Chief Minister Usman Buzdar said on Wednesday that a 32 percent job quota will be reserved for South Punjab districts in provincial government jobs. While speaking to the media in Bhakkar, the chief minister stated that a proposal was being considered to include Mianwali in South Punjab, andContinue Reading
On Wednesday, Bilawal Bhutto Zardari, the chairman of the Pakistan Peoples Party (PPP), stated that they will travel to Bani Gala and cast out the puppets.PPP Chairman, speaking at a political gathering in Azad Kashmir, said his party has been fighting the puppet administration for the past three years andContinue Reading
LAHORE: On Wednesday, the Lahore High Court (LHC) handed down its decision on PML-N leader Khawaja Asif’s bail application.The LHC granted bail to the PML-N leader two weeks ago in a case brought by the National Accountability Bureau (NAB), which accuses him of money laundering and possessing assets not relatedContinue Reading
On Tuesday, Pakistan issued $1 billion in international bonds under the Sukuk programme. These Sukuk bonds have a subscription price of $3 billion for five, ten, and thirty years.The federal cabinet has approved the issuance of Eurobond and Sukuk bonds, which are expected to produce 3.5 billion dollars this fiscalContinue Reading
ISLAMABAD: Former President Asif Ali Zardari said on Wednesday that PML-N chief Nawaz Sharif’s domicile was “better” than his, implying that he is being treated unfairly because of his race. Zardari was asked to offer his perspective on whether the laws were different for him and the PML-N leader outsideContinue Reading
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