Vaccine Science and Policy Experts Call for Transformation of Vaccine R&D Enterprise

WASHINGTON, May 04, 2021 (GLOBE NEWSWIRE) — As the world continues to grapple with the significant impact of the COVID-19 pandemic, the global community faces an urgent need to develop an efficient, coordinated and sustainable model for a healthy and well-functioning vaccine research and development (R&D) ecosystem.
In a new report, “Powering Vaccine R&D: Opportunities for Transformation,” the SabinRead More…

Meezan Bank joins hands with EXIM Bank of Pakistan for providing Shariah-compliant Consulting Services

Karachi, May 04, 2021 (PPI-OT): Meezan Bank, Pakistan’s leading Islamic bank, has recently signed an agreement with Export-Import (EXIM) Bank of Pakistan to act as its consultant for developing Islamic Trade Finance, Takaful Insurance / Guarantee Products and Services for Corporate and SME (Small Medium Enterprises) Exporters under a Technical Assistance Grant provided by Islamic Development Bank (lsDB).
The grRead More…

National Bank of Pakistan and PMAS-AAUR sign MOU

Karachi, May 04, 2021 (PPI-OT): A Memorandum of Understanding (MOU) has been signed virtually between National Bank of
Pakistan (NBP) and Pir Mehr Ali Shah Arid Agriculture University, Rawalpindi (PMASAAUR) for collaboration between the two organizations to promote agriculture entrepreneurship and capacity building.
The objectives of this MOU include to promote cooperation in academic and capacity building of human rRead More…

VIS maintains Entity Ratings of Din Textile Mills Limited

Karachi, May 04, 2021 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has maintained entity ratings of ‘BBB+/A-2’ (Triple B plus /Single A-Two) assigned to Din Textile Mills Limited (DTML). Outlook on the assigned ratings has been revised from ‘Rating Watch-Negative’ to ‘Positive’. Long term rating of ‘BBB+’ signifies adequate credit quality with sufficient and reasonable protection factors. Risk factoRead More…

FPCCI questions new power plant based on imported RLNG

Karachi, May 04, 2021 (PPI-OT): Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded that the Federal Government should explain the rationale behind approving the installation of a new 1263MW power plant being set up by Punjab Thermal Power Ltd in Jhang; which is based on imported RNLG.
This new plant will cost 6 cents USD/Kwh, when producing electricRead More…

FPCCI demands NCOC should restrict Eid-Ul-Fitr Holidays to 3 Days

Karachi, May 04, 2021 (PPI-OT): Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has showed its displeasure over yet another set of SOPs and public holidays on account of Eid-ul-Fitr announced by NCOC without consulting business, industrial, and trade community of Pakistan. Mian Nasser Hyatt Maggo, President FPCCI, has demanded that industries and markets should only be closed for 3 days on account ofRead More…

OPPO’s F19 Pro Limited Eid Edit is finally available in Pakistan, sharing in every moment

Islamabad, May 04, 2021 (PPI-OT): Global smart device brand OPPO has brought a brand new F19 Pro Limited Eid edition, perfect for the youngsters with its magnificent Crystal Silver appearance and top-grade features is finally available in Pakistan. With the colour of the Shawwal moon and the look and feel of the phone being the telltale of the festival, the newest edition will lure the smartphone enthusiasts into getRead More…

Governor Sindh visits K-Electric’s BQPS-III Power Plant, Reviews Swift Progress of Unit One

Karachi, May 04, 2021 (PPI-OT): Governor Sindh Imran Ismail visited K-Electric’s Bin Qasim Power Station-III (BQPS-III) project to review the progress on the latest addition to Karachi’s power network. The visit followed a meeting between KE’s Senior Leadership and the Governor Sindh where KE presented an update on the company’s preparedness for Ramadan and the 2021 summer season.
BQPS-III is a USD 650 millioRead More…

Faysal Bank signs agreement with Emaar Karachi Limited to promote Home Financing

Islamabad, May 04, 2021 (PPI-OT): Faysal Bank Limited signed an agreement with the leading Dubai-based real estate development company, Emaar Karachi, to provide home financing to its customers for Emaar’s current projects in the country. Through this partnership, Faysal Islami will facilitate individual clients to avail the Shariah compliant home financing for both ready and near-to-completion apartments at Emaar Read More…

Jubilee Life and Charter for Compassion establishes 25 libraries in Karachi

Karachi, May 04, 2021 (PPI-OT): Jubilee Life Insurance, the leading life insurance company in the private sector of Pakistan collaborated with Charter for Compassion Pakistan, a not-for-profit in the development sector, for the initiative of Collaborative Libraries Project (CLP). Today marks the completion of this project, under which they have established 25 libraries across different schools located in the underserRead More…