Systems Limited and Temenos showcase the future of AI-driven banking at the Bank of the Future Forum on October 3, 2024 Karachi, October 2, 2024 – Systems Limited and Temenos hosted the 13th edition of “The Bank of the Future Forum (BOFF)” on 2nd October 2024 at Marriott Hotel Karachi. This year, the event brought together over 500 banking leaders and technology experts under the theme “Banking Modernization in the Era of AI.” The event […]
Pakistan Economy Dashboard launched to promote transparency By: APP on October 3, 2024Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said on Wednesday that the Pakistan Economy Dashboard (PED) would help promote transparency, ensure data accessibility, and serve as an interactive platform for data analysis. “Data is the new oil. The point is what you do with that data,” the minister remarked while addressing the launching […]
PSX alerts public on online trading frauds By: APP on October 3, 2024The Pakistan Stock Exchange Limited (PSX) on Wednesday alerted the investing public regarding the surge in fraudulent activities through different social media platforms. According to PSX press release received here, some illegal social media groups and forums were using AI technology and conventional methods to entice the investing public to join in or fill in […]
Pakistan, Denmark sign MOU to restructure maritime sector By: APP on October 3, 2024Minister for Maritime Affairs Qaiser Ahmed Shaikh on Wednesday signed the memorandum of understanding (MOU) on the behalf of Pakistani government and Denmark’s Minister for Industry, Business and Financial Affairs Morten Bodskov from the Danish government. Denmark’s Ambassador to Pakistan Jacob Linulf presented the signed document of Danish Minister in this ceremony, said a press […]
PSX continues with bullish trend, gains 162 more points By: APP on October 3, 2024The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 162.41 more points, a positive change of 0.20 percent, closing at 81,967.01 points against 81,804.59 points on the last working day. A total of 360,987,426 shares were traded during the day as compared to 359,081,585 shares the previous trading day, […]
Gold up by Rs 600 to Rs 275,500 per tola By: APP on October 3, 2024The per tola price of 24 karat gold increased by Rs.600 and was sold at Rs.275,500 on Wednesday compared to its sale at Rs. 274,900 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs 515 to Rs. 236,197 from Rs. 235,682 whereas the price of 10 gram […]
Rupee gains five paisa against dollar By: APP on October 3, 2024Pakistani rupee on Wednesday appreciated by 05 paisa against the US dollar in the interbank trading and closed at Rs 277.63 against the previous day’s closing of Rs 277.68. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.50 and […]
Oil prices extend rally on Iran attack By: APP on October 3, 2024Major stock markets diverged Wednesday, while oil prices extended a rally after Iran’s missile attack on Israel fanned fears of a Middle East-wide conflict. London’s top-tier FTSE 100 index rose slightly, helped by share-price gains for oil giants BP and Shell. Paris and Frankfurt fell in early afternoon deals. Hong Kong’s stock market surged more […]
Exports increase by 14.11pc to $7.87bn during Jul-Sept By: APP on October 3, 2024The exports from the country increased by 14.11 percent during the first three months of the current fiscal year as compared to the corresponding months of last year, Pakistan Bureau of Statistics (PBS) reported. Exports during July-September (2024-25) were recorded at $7.875 billion against $6.901 billion during July-September (2023-24), according to PBS data. On the […]
LCCI president discusses economic situation with JI delegation By: APP on October 3, 2024Lahore Chamber of Commerce and Industry (LCCI) President Mian Abuzar Shad held a meeting with Jamaat-e-Islami (JI) delegation, led by its Lahore Ameer Ziauddin Ansari here on Wednesday and discussed the economic situation of the country. LCCI Senior Vice President Engineer Khalid Usman and Vice President Shahid Nazir Chaudhry also spoke, while Malik Shahid Aslam, […]