Business

A Chinese electric vehicle manufacturer is preparing to establish an assembly plant for electric cars and showroom outlets in major cities across Pakistan.

One of the customers of KIA motors recently shared his bad experience with KIA Lucky Motors And KIA Murree Road. The customer shared his experience and the scamming strategy of KIA motors.

In response to the dire financial situation and cashflow issues faced by Pakistan International Airlines (PIA), the Federal Board of Revenue (FBR) has taken the step of de-attaching PIA’s previously frozen bank accounts.

In the inter-bank market, the Pakistani rupee continues to strengthen against the US dollar, with the government taking action against hoarders

India secured a spot in the Asia Cup 2023 final by defeating Sri Lanka with a 41-run margin in their second Super 4s match at the R. Premadasa Stadium.
In Karachi, the Pakistani rupee’s recovery against the US dollar continues, as it appreciated by Rs1.04 in the interbank market on Wednesday.

The Pakistani rupee continued its upward trajectory against the US Dollar today, with an initial opening rate of 305 in the interbank market.

According to a recent survey by Bloomberg, Pakistan, often considered the weakest economy in South Asia, is currently ranked among the top three countries most susceptible to a potential debt crisis.

Hashoo Group, a leading conglomerate with diverse business interests spanning national and international markets, has announced the appointment of Mohammad Ali Ibrahim as its Vice President of Marketing & Communications. In his new role, Mr. Ibrahim will report directly to Deputy Chairman and CEO of Hashoo Group, Murtaza Hashwani.

In Pakistan, despite the country’s pressing need for qualified medical practitioners, a significant number of female doctors find themselves unemployed. This irony unfolds in a nation where the government allocates substantial funds to subsidize medical education in public sector universities.

As part of a broader strategy to safeguard the nation’s foreign exchange reserves, the interim government is actively working on imposing substantial regulatory duties on approximately 1,100 luxury and non-essential imported goods.

Mr. Naguib Sawiris, the Chairman & CEO of ORA Developers, was honored with the prestigious Best Foreign Real Estate Investment in Pakistan award at the 35th International Achievement Awards 2023 held in Cairo, Egypt.