Pakistan News

    Summit Bank Jobs Advertisement In Pakistan

  • Glass windows at metro stations serving as advertisement space

    RAWALPINDI: The glass windows of some metro bus stations are now serving as advertisement space for the Punjab chief minister and his accomplishments...

    The provincial government has spent a lot of money on the glass windows, which are now serving as advertisement boards, he said, adding that the National Accountability Bureau (NAB) should start an investigation regarding the construction of the metro bus project and how the ruling...

  • Pemra bans 'immoral' condom advertisement

    ISLAMABAD: Pakistan Electronic Media Regulatory Authority (Pemra) on Monday banned an advertisement by a condom brand, calling it “immoral” and contrary to religious norms after receiving a deluge of complaints from the public...

    Pakistan is notoriously strait-laced when it comes to matters of sex and family planning is considered a taboo topic by many...

  • Karachi's iconic Teen Talwar covered by advertisement banners

    In pictures posted by residents on social media, the monument can be seen wrapped in advertisement banners announcing 'My Karachi' festival to be held in the city this week...

    According to its website, "The vision of 'My Karachi-Oasis of Harmony' Exhibition is to rebuild the image of Karachi and to give positive signals to foreign entrepreneurs that the industrial and commercial activities are going on smoothly in Pakistan...

  • Agency blacklisted for controversial advertisement in Punjab

    LAHORE: Provincial Minister for Information and Culture Fayyazul Hassan Chohan says that the Pakhtuns are our brothers and their affection and love for Pakistan is strong and unshakable...

    “The Punjab government condemns the objectionable advertisement regarding Pakhtuns, aired on the PTV News a few days back and assures that strong action would be taken against those responsible for the release of the advertisement,” he said and...

  • Advertisement for key KP Assembly post raises eyebrows

    PESHAWAR: An advertisement seeking applications for a key Khyber Pakhtunkhwa Assembly position from the aspirants with low qualifications and virtually zero experience has raised eyebrows...

    A senior official told Dawn that the advertisement, which appeared to be tailor-made to recruit some favourite of an influential individual, had caused resentment among senior officials of the assembly secretariat...

  • Drap to begin campaign against advertisement of therapeutic products

    ISLAMABAD: The Drug Regulatory Authority of Pakistan (Drap) has decided to begin a campaign against advertisements from therapeutic and sex stimulant drugs that are routinely circulated in electronic and print media...

    The Pakistan Electronic Media Regulatory Authority and other authorities will also be involved to take action against those involved...

  • PM’s aide launches draft advertisement policy

    ISLAMABAD: Special Assistant to the Prime Minister on Information Dr Firdous Ashiq Awan on Thursday launched the draft advertisement policy and announced bringing reforms to the Press Information Department (PID) to tackle corruption and mismanagement in the grant of government advertisements...

    Addressing a ceremony, she said: “The reforms in the PID and the draft advertisement policy will eventually help media workers who were...

  • Online sale, advertisement of tobacco products banned

    ISLAMABAD: The government has imposed a ban on online advertisement of tobacco products and stopped tobacco companies from displaying power walls and posters at their sale points...

    “As per Prohibition of Smoking and Protection of Non-smokers Health Ordinance 2002, there is a ban on advertisement of tobacco products in print and electronic media...

  • Summit Bank eyes Burj Bank for Islamic banking entry

    KARACHI: Summit Bank has received approval from the State Bank of Pakistan (SBP) to conduct due diligence on Burj Bank, it said in a stock exchange filing, in the latest bid for the unlisted lender, which is seeking to boost capital through a stake sale...

    The acquisition of a majority shareholding in Burj Bank would fit the long term strategy of Summit Bank, which is planning to convert its operations to conform to Islamic principles...

  • India needs more jobs for women to boost growth: World Bank

    NEW DELHI: India must reverse a trend of falling women’s participation in the job market if it is to achieve its ambition of double-digit growth, the World Bank said on Monday...

    The World Bank in its latest report said just 27 per cent of Indian women were working or actively looking for a job, a matter of “serious concern” that was holding back economic growth...

  • Money laundering scandal: FIA seeks Summit Bank's equity details from SBP, SECP

    The Federal Investigation Agency (FIA) probing the alleged money laundering case worth Rs35 billion against 13 firms including Zardari Group and Omni firm has approached State Bank of Pakistan (SBP) and Security Exchange Company of Pakistan (SECP) to seek details of Summit Bank’s equity and names of chief executive officers (CEOs) of the said beneficiary firms, it emerged on Monday...

    This exercise by the federal body has been...

  • Summit, Sindh Bank merger likely by end of September

    KARACHI: Summit Bank’s merger into Sindh Bank will accentuate the latter’s paid-up capital to Rs27 billion and widen its network to 525 branches by the end of September, said the presidents of the two banks in a press briefing held on Thursday...

    Sindh Bank with an existing paid-up capital of Rs17bn, will add another Rs10bn of Summit Bank’s capital into its portfolio once the deal is finalised...

  • Summit Bank gets equity injection

    KARACHI: Shareholders of Summit Bank Ltd passed a special resolution in an extraordinary general meeting on Tuesday to authorise the equity injection of Rs10 billion from a UAE-based investor...

    98 billion new shares of the bank at Rs2...

  • UAE investor acquires Summit Bank

    KARACHI: Summit Bank Ltd, one of the smallest commercial lenders in terms of net assets, said on Wednesday a UAE investor has become its majority shareholder...

    98bn new shares of the bank at Rs2...

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