ABHI along with MoIT participates at 2024 Global Digital Economy Conference in Beijing on July 26, 2024Beijing, China, 25th July 2024 – ABHI, an embedded finance platform was honored to be invited to participate in the 2024 Global Digital Economy Conference in Beijing, China as part of the Ministry of IT and Telecom Pakistan delegation along with other Pakistan’s leading startups. The four-day conference, themed “Embarking on a New Era of […]
Modi’s Third Term–A Bad Omen By: Sanaullah on July 26, 2024Three years ago in an article published in the local news, the author predicted that the door of dialogue between Pakistan and India would not open as long as Narendra Modi remained Indian Prime Minster. This premonition was not based on some divine hunch but evolved from a careful study of the political jigsaw puzzle […]
Pakistan’s Liquid Foreign Reserves Position on July 26, 2024July 25, 2024 The total liquid foreign reserves held by the country stood at US$ 14,335.4 million as of 19-July-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State Bank of Pakistan: US$ 9,027.2 million ii) Net foreign reserves held by commercial banks : US$ 5,308.2 million […]
US-China Tech Rivalry Takes a New Turn By: Usama Gurmani on July 25, 2024The dynamics of technological supremacy are undergoing a rapid transformative shift. After years of observing the Western world’s advancements in software and semiconductor innovation, China has emerged as a significant player in advanced technologies. While experts generally perceive China as slightly trailing the US in AI development, the nation is driven by an ambitious vision […]
HOUSING SOCIETIES NEAR PABBI RASUL RESERVE FOREST By: Alia Ijaz on July 25, 2024 While traveling from Kharian to Jhelum the site of dense forest provides a calming visual and a sense of peace and relaxation. Not very far back similar scenery and lush greenery was visible along the Grand Trunk Road between Jhelum and Dina but the same has been replaced with gray structures as far as […]
Mobilink Bank upgrades treasury operations with AutoSoft Dynamics for enhanced efficiency on July 25, 2024Islamabad – July 25, 2024: Pakistan’s leading digital microfinance bank, Mobilink Bank, has brought on board AutoSoft Dynamics, a renowned global provider of core banking and financial application solutions, as a strategic partner to automate their treasury operations. Under this partnership, AutoSoft will facilitate Mobilink Bank’s seamless integration with the State Bank of Pakistan’s (SBP) […]
US dollar continues upward trajectory against Pakistani rupee on July 25, 2024The price of the US dollar reached Rs278.65 in the interbank trading against the Pakistani rupee on Wednesday. The American currency continued its upward trajectory in the interbank trading against the local unity. The KSE-100 index gained 302 points and reached the 79700 benchmark.
Stakeholders urged to collaborate for enhancing digital supply chain finance during 5th DIGIBAP Summit 2024 on July 25, 2024Top representatives from the banking and fintech sectors along with state regulators gathered to discuss ways and suggest implementable solutions to digital based financing for supply chains for small and medium enterprises and the agriculture sectors at the 5th DigiBAP Summit 2024 on Monday at a local hotel. The summit featured panel discussions and presentations […]
Prime Minister declares PTI’s ‘new tactics’ to discredit armed forces will not be tolerated on July 25, 2024Prime Minister Shehbaz Sharif has declared that the government will not tolerate any propaganda against Pakistan’s armed forces, warning Pakistan Tehreek-e-Insaf (PTI) against running smear campaigns targeting the country and the army chief. “The perpetrators of the May 9 riots, who had previously attacked parliament and PTV and besieged the PM House, have now resorted […]
Hybrid Solutions to Protracted Conflicts (Part I) By: Dr Zia Ul Haque Shamsi on July 23, 2024The prevalent international environment is too complex and uncertain. The Democrats are unable to decide whether to field President Biden for the November 2024 elections against Donald Trump or not. The Labour Party has broken its records to through unelected Rishi Sunak out of power. French President Macron has also suffered defeat in the general […]