Economy

Khurram Shahzad Khan Appointed President and CEO of Habib Metropolitan Bank

Habib Metropolitan Bank Limited Tuesday announced that it has appointed Khurram Shahzad Khan as President and Chief Executive Officer of the Bank.In a notice to the Pakistan Stock Exchange (PSX), the bank said that Mohsin Ali Nathani, President and CE…

Economy

Bonded Bulk Storage Policy being introduced to streamline storage facility of POL products: Musadik

Minister of State for Petroleum Musadik Malik says the government has decided to introduce Bonded Bulk Storage Policy to streamline storage facility of petroleum products in the country.Addressing a news conference in Lahore on Tuesday, he said new po…

Economy

Suzuki Extends Plant Shutdown Until Mid-July

Pak Suzuki Motor Company (PSMC) has extended its current round of non-production days (NPDs) due to an inventory shortage.As per the recent notification, the company has furthered its assembly operations suspension up to July 15. This accumulates to a…

Economy

Second Russian oil cargo ship docks at Karachi port

The second Russian oil cargo ship carrying crude oil for Pakistan has docked at Karachi port.With the arrival of second cargo, Russia has completed shipment of one hundred thousand tonnes of crude oil to Pakistan.Both sides are looking forward to cont…

Education Science

Federal Minister Rana Tanveer calls on PM Shehbaz in Lahore

Minister for Education and Professional Training Rana Tanveer Hussain called on Prime Minister Shehbaz Sharif in Lahore on Tuesday.In the meeting, they discussed the country’s overall political situation as well as the matters pertaining to education …

General

Sindh High Court Removes All Roadblocks For JS Bank to Acquire BankIslami

Sindh High Court (SHC) has dismissed the applications against JS Bank’s (PSX: JSBL) acquisition of majority shares and control of BankIslami Pakistan Limited (PSX: BIPL), the Bank informed Pakistan Stock Exchange on Tuesday.With reference to past disc…