Thursday, May 26, 2022

Zain Zubair

Worker remittances up by 10% during 1HFY19

State Bank of Pakistan (SBP) released the data of workers remittances. SBP stated that the overseas Pakistani workers remitted US$ 10718.78 million in the first half (July to December) of FY19, showing a growth of 10% compared with US$...

Cement dispatches growth of 4%, 1HFY19

Provisional cement data for the month of Dec’18 indicates a 1% MoM decline in dispatches to 3.87mn tons (Nov’18: 3.90mn tons) owed to weak demand in peak winter season and holidays on account of New Years. Whereas a minor...

Pakistan and World Bank signs agreement worth $100 million for Sindh Solar Energy Project

Pakistan and World Bank here on Wednesday signed a Financing Agreement worth US $ 100.0 million for “Sindh Solar Energy Project” with the objective to increase solar power generation and access to electricity in Sindh Province. The project will support...

KSE 100 sheds 130 points on FATF negotiations

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) declined by 130 points or ( -0.33%) to 38921 on Wednesday. Market opened on Wednesday on a positive note with an increase of 150pts and 3M shares traded at opening....

Encroachment drive must remain confined to SC’s order: Teli, Makda

Chairman Businessmen Group & Former President Karachi Chamber of Commerce & Industry Siraj Kassam Teli and President KCCI Junaid Esmail Makda have appealed the honorable Chief Justice Mian Saquib Nisar to thoroughly interpret Supreme Court’s order for removal of...

Rabab Hashim to Make a Come Back with “Kam Zarf”

Stunning actress Rabab Hashim will be starring as the main lead in Geo’s latest drama serial “Kam Zarf”. Rabab Hashim is to play a character of a self-sufficient yet caring girl who belongs to an under-privileged background and gets married...

NBP starts Biometric verification of account holders and customers

National Bank of Pakistan (NBP) has started doing the biometric verification for all its users (Personal Accounts as well as authorized signatories of Corporate/Commercial entities), under the directives of State Bank of Pakistan (SBP). NBP assured of its continued...

Pakistan’s equity market closed slightly higher amid mixed sentiments

KARACHI: KSE-100 index of Pakistan Stock Exchange (PSX) ended slightly higher amid mixed trading sentiments on Friday. The index closed at 37,547 points as against 37,542 points showing an increase of five points. Analysts at Arif Habib Limited said that...

FAP deleg calls on FM, concerns over sudden raids

The delegation of exchange companies during a meeting with Finance minister Asad Umar raised their concerns over sudden raids by Federal Investigation Agencies (FIA) teams. Director General FIA Bashir Memon. A delegation of Forex Association of Pakistan (FAP) headed by...

If USA can talk for peace in Afghanistan then why not Kashmir: President AJ&K

KARACHI: President Azad Jammu & Kashmir Sardar Masood Khan on Thursday said that the world has realized importance of Pakistan. Addressing a seminar on foreign policy organised by Karachi Council on Foreign Relations, he said that world scenario had changed...

About Me

Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]
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Unauthorized civil works compromise personal safety, KE infrastructure

KE Spokesperson on Thursday shared serious concerns over the dismal lack of safety protocols during civil works across the...