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  • Huawei ICT skills workshops held

    September 23, 2017 12:00 AM 7

    KARACHI: Pakistan Huawei ICT skills competition workshops were successfully held at the FAST National University Islamabad, Lahore College for Women University, FAST National University Lahore in the first week, where more than 300 students enrolled, a statement said on Friday. The road show invited the HUAWEI ICT Academy Pakistan representative offices

  • Academia visits PAAPAM factories

    September 23, 2017 12:00 AM 9

    KARACHI: Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) is building bridges between academia and industry by organising a visit of various faculties to factories, a statement said on Friday. PAAPAM chairman Mashood Ali Khan led the academia liaison on Friday with prominent faculty members of NED University of Engineering

  • PIPFA Karachi organises seminar on Companies Act, ’17

    September 23, 2017 12:00 AM 6

    RACHI: The Pakistan Institute of Public Finance Accountants (PIPFA) Karachi Branch Committee organized an interactive CPD Seminar on Companies Act, 2017 at Muhammad Ali Jinnah University, Karachi on September 16, 2017. The seminar was intended to discuss the significant changes from Companies Ordinance 1984 and as to how can Companies registered with S. E. C. P., cope with the new requirements

  • Greenback closes flat in value versus domestic unit

    September 22, 2017 8:10 PM 2

    KARACHI: Greenback closed flat in value versus domestic unit in interbank as well as in open market as it was traded at 105.30 for buying and at Rs 105.50 for selling with no change in interbank dealing. Pound Sterling also stood flat versus rupee and closed at Rs 142.09 for buying and closed at Rs 142.29 for selling while euro remained flat to close

  • Gold price recovers value

    September 22, 2017 8:09 PM 1

    KARACHI: Yellow metal prices in international and domestic markets recovered value on technical correction and interest of leading buyers and hedgers on Gold Futures speculation. Hedging and speculations on future market outlook baseline price put metal prices in comfort frame. In international market price remained firm by $2 an ounce upward correction

  • Global X FTSE Portugal 20 ETF (PGAL) Declines 0.65% for Sep 21

    September 22, 2017 12:56 AM 10

    Sep 21 is a negative day so far for Global X FTSE Portugal 20 ETF (NYSEARCA:PGAL) as the ETF is active during the day after losing 0.65% to hit $12.37 per share. The exchange traded fund has net assets and 0.43% volatility this month. Over the course of the day 676 shares traded hands, as compared to an average volume of 17,460 over the last 30 days for Global

  • Motorola Moto E4 , E4 Plus launched

    September 22, 2017 12:00 AM 7

    KARACHI: Lenovo, through its subsidiary, Motorola Mobility, on Wednesday launched the Moto E4 and E4 Plus in Pakistan, a statement said. There’s no shortage of value-tier smartphones in today’s market. Many options include the common, expected features, and quality among these devices can differ. This often means you are left with few options that meet your standards

  • MasterCard, Inov8 launch ‘FonePay’

    September 22, 2017 12:00 AM 9

    KARACHI: MasterCard and Inov8 Limited have teamed up to offer Inov8’s shared payments platform, FonePay, Pakistan’s first super app, a statement said on Thursday. This mobile payments solution aimed at driving the wider adoption of cashless payments in Pakistan, it added. Powered by Masterpass QR, a quick response (QR) mobile payments solution that allows

  • Nishat Power profit up 1.22 percent

    September 22, 2017 12:00 AM 6

    KARACHI: Nishat Power Limited (NPL) has earned a profit of Rs2.886 billion for the year ended June 30, 2017, showing a growth of 1.22 percent as compared to Rs2.851 earned in the year ended June 30, 2016, a bourse filing said on Thursday. The earnings per share (EPS) clocked in at Rs8.152 in the outgoing FY17 as compared to EPS of Rs8.052 in FY16. The company

  • Forex reserves fall to $20bln

    September 22, 2017 12:00 AM 5

    KARACHI: Pakistan’s foreign exchange reserves eroded to $20.099 billion during the week ended September 15, 2017 from $20.585 billion a week ago, the central bank said on Thursday. The foreign exchange reserves held by the State Bank of Pakistan (SBP) witnessed a decline of $474 million due to external debt servicing and other official payments. The State