Business Archives | Page 60 of 61

Pak-Qatar Family Takaful and Instaful Solutions join hands to promote Inclusive Banca Takaful

Paknewsbulletin2 years ago02 mins

Pak-Qatar Family Takaful and Instaful Solutions have entered into a strategic partnership to introduce Inclusive BancaTakaful, a first-of-its-kind initiative in the country. BancaTakaful, an innovative distribution model, involves offering Takaful products to bank customers, primarily to depositors. Unlike traditional BancaTakaful which typically targets a subgroup of wealthier individuals with higher deposit amounts, this new initiative…

UBL wins PSX’s ‘Top Companies of the Year’ Award

Paknewsbulletin2 years ago01 mins

United Bank Limited (UBL) was presented with the Pakistan Stock Exchange’s (PSX) ‘Top Companies of the Year’ award for 2022 in Karachi recently. On receiving the award, Muhammad Jawaid Iqbal, President & CEO UBL, said, “UBL is honoured to be recognized as one of Pakistan’s top companies for 2022. This achievement is a testament to…

OICCI Takes the Lead in Shaping Private Sector Climate Action at COP28

Admin2 years ago03 mins

The Overseas Investors Chamber of Commerce & Industry (OICCI) demonstrated its commitment to driving meaningful climate action at COP28 by hosting a pivotal high-level dialogue in collaboration with the Ministry of Climate Change (MoCC). Nestled within the exclusive Blue Zone of the Pakistan pavilion in Expo City Dubai, the dialogue, themed ‘Decarbonization and the Role…

Meezan Bank acts as Joint Financial Advisor for the Historic Ijarah Sukuk Issuance for Government of Pakistan

Admin2 years ago02 mins

Meezan Bank, a pioneer in Islamic banking, acted as lead Joint Financial Advisor in the groundbreaking listed Ijarah Sukuk Issuance for the Government of Pakistan (GoP). This is the first listed GoP Ijarah Sukuk issued through the Pakistan Stock Exchange (PSX), allowing retail investors access to Shariah-compliant government securities in the denomination of PKR 5000/-….

Meezan Bank Partners with Befiler to Provide Tax Facilitation Services for Freelancers

Admin2 years ago02 mins

Meezan Bank, Pakistan’s leading Islamic bank, has recently formalized an agreement with Befiler to enhance the tax facilitation services available to freelancers. This collaboration aims to provide Meezan Freelancer Account holders, including those with Meezan Digi Freelancer Accounts, access to discounted rates on a suite of tax-related services offered by Befiler, a prominent player in…

Minimizing Risks, Maximizing Opportunities: Dun & Bradstreet Expands Product Portfolio in Pakistan with Finance & Risk Analytics

Admin2 years ago02 mins

Aimed at streamlining finance operations and reforming third-party risk management for Pakistani businesses, Dun & Bradstreet has announced two revolutionary solutions- D&B Finance Analytics and D&B Risk Analytics. The two flagship AI-enabled solutions are powered by the D&B Data Cloud which comprises 520 million+ data records and contains key insights on 340 million+ shareholders. The…

FIA declares Meinhardt owners as absconders in Money Laundering Case!

Admin2 years ago2 years ago01 mins

The FIA has issued a notice against the owners of Singapore based construction company Meinhardt declaring Chairman Meinhardt Shahzad Naseem and CEO Omar Shahzad as absconders, appealing to the public to provide information regarding the accused to the FIA Commercial Banking Circle. In this regard, the FIA has posted notices of the accused being wanted…

Business Confidence on the increase – OICCI’s Survey reports positive shift

Admin2 years ago03 mins

In its latest Business Confidence Index Survey (BCI) – Wave 24, the Overseas Investors Chamber of Commerce and Industry (OICCI) unveiled a promising upswing in Pakistan’s business confidence. Conducted from October to November 2023, the survey indicated a seven percent overall improvement compared to the previous wave in March to April 2023. The survey paints…

Meezan Bank Collaborates with SAFCO Microfinance Company Private Limited (SMCL) for Launch of Islamic Microfinance Services

Admin2 years ago02 mins

In a significant development for Islamic finance, Meezan Bank, Pakistan’s leading Islamic bank has joined hands with SAFCO Microfinance Company Private Limited (SMCL) to establish its inaugural Islamic microfinance branch, operating under the brand name ‘Yaqeen’ in Hyderabad, Pakistan. This milestone reflects the collaborative effort between the two entities, with Meezan Bank playing a pivotal…

OICCI urges collaborative efforts to address climate crisis at Pakistan Climate Conference 2023

Admin2 years ago2 years ago04 mins

“Climate change is a global issue but in Pakistan’s case it is evident that climate change is happening now and not a phenomenon that only our future generations will experience,” said Amir Paracha, OICCI President at the 2nd Pakistan Climate Conference on November 01. This is the second consecutive year that the OICCI has organized…