In a bid to support the Government’s efforts to ensure urea availability at official prices, Engro Fertilizers has urged its dealers to comply with company guidelines on pricing and strictly ensure product availability to the farmers To enforce guidelines of selling Urea at MRP, Engro Fertilizers hosted dealer conferences in Lahore, Multan and Hyderabad. Addressing…
JS Bank joins hands with the United Nations Development Programme (UNDP) to promote gender-inclusive and climate-resilient businesses in Pakistan. The collaboration is aimed at promoting private-sector financing, particularly projects aligned with Sustainable Development Goals (SDGs), with a core focus on women and youth-led businesses. In line with the theme of International Women’s Day (IWD), this…
In the realm of economic challenges, few issues weigh as heavily on a nation’s prospects as its debt quagmire. For Pakistan, this burden has been a persistent challenge, constraining growth, limiting investment, and eroding economic sovereignty. However, amidst the gloom, there are pathways towards a brighter economic future. In this blog, we delve into Pakistan’s…
Engro Polymer & Chemicals (EPCL), a subsidiary of Engro Corporation, along with Engro Foundation partnered with Descon Technical Institute to train the first batch of women forklift operators of Pakistan. This initiative is in line with Engro’s commitment to cultivating an inclusive culture, extending its impact to a broader community spectrum. The training program, Umeed-e-Nouh,…
Mobilink Bank partnered with BizB, a leading marketplace in Pakistan, welcoming the company as a ‘Brand Ambassador Organization,’ to drive financial inclusion and bolster women micro-entrepreneurs nationwide. This symbiotic partnership strives to offer easily accessible financial services and support the endeavours of female entrepreneurs in the growing e-commerce landscape. Through this partnership, women micro-entrepreneurs under…
Today, Visa (NYSE: V) announced a 7-year agreement with Western Union (NYSE: WU). Under the new deal, Western Union customers will be able to receive money from their family and friends’ eligible Visa cards and bank accounts in 40 countries across five regions . The agreement encompasses card issuance, Western Union’s integration with Visa Direct,…
The International Monetary Fund (IMF) has raised queries regarding the anticipated timeline for the Federal Board of Revenue (FBR) to register a staggering 3 million retailers. This inquiry comes as part of the ongoing discussions between Pakistan and the IMF, where the IMF seeks clarity on the FBR’s strategy and timeframe for the extensive registration…
Meezan Bank, Pakistan’s leading Islamic Bank, has recently formalized a Memorandum of Understanding (MoU) with the Pakistan Microfinance Network (PMN) – the national association for retail players in the microfinance industry. Under this agreement, the Bank will provide financial and Shariah technical support to PMN member institutions for delivering Islamic finance to the under-privileged segments…
By removing discriminatory gas pricing among fertilizer manufacturers, the Government can facilitate new investments and promote efficiency to ensure sufficient urea availability for the farmers. In a media workshop, Ali Rathore – Chief Financial Officer, Engro Fertilizers, briefed the participants about the importance of a robust indigenous fertilizer industry, its key challenges and opportunities, and…
Experts highlighted the critical importance of insurance for the sustainable development of multiple energy resources, including power, oil, and gas, aimed at promoting investment opportunities, innovations, and efficiencies within the sector in Pakistan. Speaking at the Energy Summit here in Karachi, Chairman Lockton MENA Ata Khatib said the energy sector is transforming globally through innovation…
