CDC eliminates Annual Maintenance Fee for the Sub-Account Holders & full waiver of the CDS connection fee and minimum fees for Securities Brokers! The Central Depository Company of Pakistan Limited (CDC) has completely eliminated Annual Maintenance Fee for the Sub-Account Holders, as well as announced a full waiver of the CDS connection fee and minimum…
Engro Fertilizers has completed the largest-ever (55 days) scheduled maintenance activity of the EnVen Plant as planned on June 18, 2024. Established in 2011 with an investment of USD 1.1 billion, the EnVen Plant has an annual production capacity of 1.3 million tons and is the most energy efficient fertilizer plant in Pakistan, with the…
Fly Jinnah, Pakistan’s low-cost carrier, has commenced non-stop flights between Islamabad and Bahrain, adding another destination to its rapidly expanding network after the launch of flights to the UAE and Oman. The carrier commemorated the start of its new route with a pre-departure inaugural ceremony at Islamabad International Airport attended by representatives of Fly Jinnah and Islamabad International…
Hutchison Ports Pakistan efficiently Handled MSC ANNA, one of the largest vessels in the world with an impressive length of 400 meters, completing operations in just 32 hours. This achievement highlights the terminal’s capability to handle large-scale operations with remarkable efficiency. The vessel berthed at Hutchison Ports Pakistan on 29th May and departed the terminal…
onic, Pakistan’s leading digital telco brand, proudly announced its unwavering support for the Pakistani cricket team in their highly anticipated T20 World Cup 2024 match against India. In a bold and symbolic gesture, onic showcased a powerful montage at One Times Square, New York, to rally behind the team. Last year, our resilient Pakistani team…
Jubilee Life Insurance, Pakistan’s largest private sector insurance company, secured another win at the Pakistan Digital Awards 2024. The company was honored with the prestigious awards for Best Digital Marketing Communication Videos – Jubilee Life Micro-insurance and Best Digital Campaign – HBLPSL 8 Cricket, marking its sixth consecutive win at this event. The awards were…
Newly licensed by SECP, Pakistan’s first Digital Insurer Salaam Family Takaful Limited (SFTL) and Central Depository Company of Pakistan Limited (CDC) have entered an arrangement for SFTL’s participation in the Centralized Information Sharing Solution for the Insurance Industry (CISSII) and Centralized Insurance Repository (CIR) which are key cross-industry information sharing systems developed and administered by…
Did you hear about Shark Tank Pakistan revealing their logo? Not only that, they’re also launching their social media accounts. They’ve finally stepped into the playing field and are all set to play the game. For the first time ever Pakistan is going to experience a revolution unlike no other in the business and startup…
Elevate, a fintech, based in London and Dubai, has secured financing of $5 million to expand further into South Asia. They’ve raised a total of $10 million in equity and debt from investors including Y Combinator, Goodwater, Global Founders Capital and VSQ and Since launching earlier this year, over 50,000 Freelancers and remote workers from…
Business confidence in Pakistan has improved by 4 percent, though it remains in the negative, as reflected in the 25th Wave of the Business Confidence Index (BCI) survey conducted by the Overseas Investors Chamber of Commerce and Industry (OICCI). The survey was conducted across Pakistan during March-April 2024. Rehan Shaikh, President of OICCI, stated, “The…
