SI Global Signs Partnership with Global Tech Company ProDevice on September 5, 2024 KARACHI: SI Global Solutions, a leading Pakistani system integration and IT company, has signed a strategic agreement with the global tech firm, ProDevice, to become its exclusive partner in Pakistan. This partnership was formalized during a recent signing ceremony in Poland, where CEO of SI Global, Dr. Noman Said, and CEO of ProDevice Global, […]
From Egypt to Pakistan, Coke and Pepsi boycott over Gaza lifts local sodas By: Reuters on September 5, 2024Coca-Cola and rival PepsiCo. spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan. Now, both face a challenge from local sodas in those countries due to consumer boycotts that target the globe-straddling brands as symbols of America, and by extension Israel, at a […]
Rupee loses 06 paisa against dollar By: APP on September 5, 2024Pakistani rupee on Wednesday witnessed a devaluation of 06 paisa against the US dollar in the interbank trading and closed at Rs 278.76 against the previous day?s closing of Rs 278.70. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs […]
Gold rates decrease further by Rs1,400 By: APP on September 5, 2024The price of 24 karat per tola gold witnessed a decrease of Rs.1,400 and was traded at Rs.260,100 on Wednesday against its sale at Rs.261,500 the previous day. The price of 10-gram 24 karat gold also declined by Rs.1,200 and was sold at Rs.222,994 against Rs.224,194 whereas the prices of 10-gram 22 karat gold decreased […]
PSX stays bullish, gains 491 points By: APP on September 5, 2024The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 491.69 points, showing a positive change of 0.63 percent, closing at 78,848.01 points against 78,356.32 points on the last working day. A total of 969,768,756 shares were traded during the day as compared to 436,672,976 shares the previous day, whereas […]
Aurangzeb promotes Pakistan as investment hub By: APP on September 5, 2024Finance Minister Senator Muhammad Aurangzeb held a meeting with a delegation of international investors, led by Chief Executive Officer (CEO) J. P. Morgan Pakistan, Amin Mohammad Khowaja, to explore fixed-income investment opportunities in the country s economy According to a press release issued by the finance ministry, during the meeting, the minister highlighted the significant […]
China training to spark agri revolution: Ahsan By: APP on September 5, 2024Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Wednesday expressed confidence that Pakistan would witness a revolution in agriculture after its 1,000 experts completed their training in China. “Developing agriculture on modern lines is the need of the hour. Promoting research and education in this sector is among the top priorities of […]
Machike-Thalian-Taru Jabba Pipeline deal inked By: APP on September 5, 2024The signing ceremony of the Consortium Agreement between the Stakeholders for the Machike-Thallian-Tarujabba White Oil Pipeline Project was held on Wednesday. According to a press release issued by the ceremony was witnessed by Federal Minister for Petroleum Dr. Musadik Malik, DG Special Investment Facilitation Council (SIFC) Major General Asad Rehman and Chairman OGRA Masroor Khan. […]
Engineering exports rise 26.78% in July By: APP on September 5, 2024The export of engineering goods from the country witnessed an increase of 26.78 per cent during the first month of the current fiscal year 2024-25 compared to the same month of last year. The country exported engineering goods worth $28.49 million in July (2024-25) against the export of $22.423 million in July (2023-24), showing a […]
Pakistan-Singapore trade talks held By: APP on September 5, 2024Pakistan High Commissioner to Singapore Rabia Shafiq on Wednesday held a productive meeting with the President and office bearers of the Singapore Chinese Chamber of Commerce and Industry (SCCCI) to discuss business promotion and explore potential avenues for trade expansion between Pakistan and Singapore. The meeting focused on key sectors such as food, services, and […]