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Economy

MCB Bank Appoints Shoaib Mumtaz As Acting President

Muslim Commercial Bank (MCB) has appointed Shoaib Mumtaz as Acting President and CEO. The man who has been associated with MCB for over 15 years will assume the charge on December 21, 2021.Currently working as SEVP – Group Head Wholesale &a…

Economy

Senate Panel Summons Chairman NAB Over Meddling in Board Appointments

The Senate Standing Committee on Finance and Revenue has summoned the Chairman National Accountability Bureau (NAB) for preventing the appointment of the directors in the boards of different companies.The meeting of the committee was held under the cha…

Economy

Finance Advisor’s Spokesman Dispels Rumors Surrounding SBP’s Autonomy

Spokesman for Advisor to Prime Minister on Finance and Revenue, Muzammil Aslam, has dispelled rumors surrounding the issue of granting autonomy to the State Bank of Pakistan (SBP).In a video, the spokesman cleared that the issue of making the central b…

General

4.1-magnitude earthquake jolts several areas of Karachi

In Sindh, earthquake tremors were felt in Karachi tonight [Wednesday].Tremors were felt in Gulshan-e-Iqbal, Gulistan-e-Jauhar, Malir Cantt, Scheme 33, and I.I. Chundrigarh road among others.Reports reveal that the quake was also felt in areas of Gulsha…

General

Pakistan Navy successfully test-fires surface to air missiles

Pakistan Navy Air Defence Units have successfully test-fired surface to air missiles.According the Spokesperson for Pakistan Navy, all missiles successfully hit their targets.Chief of Naval Staff Admiral Amjad Khan Niazi witnessed the test-firing of th…

Education Science

HEC Signs Another Agreement With Coursera to Offer Courses at Discounted Prices

The Higher Education Commission (HEC) has signed an agreement with Coursera, the US-based online course provider, to enable Pakistani students and faculty members to acquire new skills through online courses.According to details, HEC has secured 50,000…