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    Nuclear Industry Benevolent Fund Islamabad

  • COMMENT: Govt must put in place benevolent fund, pension scheme for sportspersons
    Archive |2018-05-31 07:35:02

    COMMENT: Govt must put in place benevolent fund, pension scheme for sportspersons

    Legendary goalkeeper Mansoor Ahmed’s death has come as an eye-opener and sent a message loud and clear to the Islamabad-based top government functionaries to wake up and create a benevolent fund for the needy sportspersons of repute with immediate effect, in addition to setting up a post-retirement pension scheme for Olympic, Commonwealth and Asian Games medal winners...

    It is high time that Pakistan put in place such encouraging...

  • Mergers will not be able to save traditional active fund industry
    Archive |2016-06-13 06:54:32

    Mergers will not be able to save traditional active fund industry

    What tends to generate less discussion are the consequences this crisis of confidence in active fund management will have for the businesses they work for...

    Greg Johnson, the chief executive and chairman of Franklin Resources, told the Financial Times last Thursday that he predicted a wave of consolidation in the industry, admitting that passive funds were eroding profit margins...

  • Industry leaders question use of Workers’ Profit Participation Fund
    Archive |2016-10-25 06:55:53

    Industry leaders question use of Workers’ Profit Participation Fund

    KARACHI: Representatives of the business community have asked the government to give details about millions of rupees being collected each year on account of Workers’ Profit Participation Fund (WPPF)...

    The fund is aimed at developing welfare projects like schools, housing colonies and health centres for business and industrial workers...

  • Aramco IPO to fund Saudi industry
    Archive |2020-01-22 08:25:02

    Aramco IPO to fund Saudi industry

    DAVOS: Saudi Arabia will pump the proceeds from last month’s listing of oil giant Saudi Aramco into the local economy over several years, including building up the domestic defence industry amid tensions with Iran, its finance minister said on Tuesday...

    Even before the recent tensions, Riyadh had begun a drive to localise 50 per cent of military spending led by Saudi Arabian Military Industries, owned by the state Public Investment...

  • Rs10bn fund established for IT industry
    Archive |2021-08-11 08:55:01

    Rs10bn fund established for IT industry

    ISLAMABAD: Minister for Finance Shaukat Tarin on Tuesday approved the establishment of a Rs10 billion fund for providing cash rewards to IT companies against their exports...

    “The industry needs up to 50,000 IT experts annually but we will never grow if the freelancers cannot operate in an open environment,” said Mr Saeed...

  • Sialkot Chamber of Commerce and Industry for new SOPs for industry to avoid fanaticism, violence
    Business |2021-12-05 10:35:00

    Sialkot Chamber of Commerce and Industry for new SOPs for industry to avoid fanaticism, violence

    An emergency meeting of the business leaders of Sialkot was held at Sialkot Chamber of Commerce and Industry (SCCI) office on Saturday with SCCI president Mian Imran Akbar in the chair...

    Especially focuses on security of foreigner employeesSCCI President Mr Akbar told Dawn the scars the Friday incident left on the export-based industry of Sialkot might take a long time to heal...

  • Islamabad needs narrative against US-India nuclear deal
    Pakistan |2016-07-29 06:57:04

    Islamabad needs narrative against US-India nuclear deal

    ISLAMABAD: The Nuclear Suppliers Group (NSG) was created in reaction to the nuclear test conducted by India in 1974 but now efforts are being made to give NSG membership to New Delhi...

    The workshop was organised by the Strategic Studies Institute Islamabad (SSII) in collaboration with the Research Society of International Law...

  • SECP approves first REIT fund
    Archive |2015-06-04 07:00:39

    SECP approves first REIT fund

    KARACHI: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday gave approval for Dolmen City REIT, the country’s first Real Estate Investment Trust (REIT) Fund...

    The fund, sponsored by Arif Habib REIT Management Ltd, is a component of The Harbour Front office building complex and Dolmen City Mall...

  • US releasing $337m for Pakistan from Coalition Support Fund
    Archive |2015-07-25 06:26:43

    US releasing $337m for Pakistan from Coalition Support Fund

    WASHINGTON: The United States is expected to release $337 million to Pakistan under the Coalition Support Fund in a next few days, a US official said on Friday...

    “The April-June 2014 reimbursement of $337 million of Coalition Support Fund assistance has been approved by the Secretary of Defence, and we anticipate it being released by the end of the month,” a State Department spokesperson told Dawn...

  • Cameron admits he benefited from father’s offshore fund
    Archive |2016-04-08 06:45:59

    Cameron admits he benefited from father’s offshore fund

    LONDON: British Prime Minister David Cameron admitted on Thursday he had a 30,000 pounds stake in an offshore fund set up by his father, after days of pressure following publication of the so-called Panama Papers...

    Cameron, whose father ran an offshore investment fund according to the Panama Papers, wrote to European leaders in 2013 to warn against opening offshore trusts to full scrutiny...

  • Fund clearing guidelines
    Archive |2017-09-22 06:22:21

    Fund clearing guidelines

    KARACHI: The State Bank of Pakistan (SBP) issued guidelines for banks and microfinance banks on Thursday for clearing operations to help the general public quickly realise funds in their accounts...

    The SBP asked banks and microfinance banks involved in the clearing of rupee payment instruments to facilitate accountholders
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