The novel COVID-19 virus has caused an economic shock three times worse than the 2008 financial crisis. It has been…
Browsing: Cover Stories
Futurist Alvin Toffler once called technology “the great growling engine of change.” That’s truer today than ever before. Among the…
The banking evolution has historically been driven by what banks are able to provide customers. Consumer culture was dependent on…
To build up a strong cyber security defense for contact center, you must identify exactly how customer data and privacy…
Commercial banks around the globe have designed and utilized Islamic financial instruments according to the rules of Shariah. Section 5(b)…
Modest and Fashion are paradoxical words getting the global intentions from last few years. It basically means, wearing loose and…
State Bank of Pakistan (SBP) has unveiled the third five-year Strategic Plan for the development of Islamic Banking in the…
The core of Islamic finance is non-interest-bearing Islamic banks. Theories related to Islamic banks originated in Pakistan, which is a…
For centuries, there was no need for Islamic finance as there was no financial system existed to “Islamize.” Up until…
The origin of the modern Islamic banking system can be traced back to the very birth of Islam when the…
PAKISTAN & GULF ECONOMIST had conversation with Siani Bugtti Baloch. Following are the excerpts of the conversation: “With education I…
The growing COVID-19 crisis threatens to disproportionately hit developing countries, not only as a health crisis in the short term…
Let’s start off with Covid-19. How has it affected your business? Covid-19 has had unpresedented impact on every single business…
In Sindh, we see on regular basis that sub-standard products are being sold in high prices. Even the products of…
While there is now light at the end of the tunnel in terms of vaccine rollouts, the current COVID-19 infection…
There has been plenty of debate and no real action in the sugar crisis. Although, the report that was released…
The complexity and influx of data in healthcare means that Artificial Intelligence (AI) will increasingly be applied within the health…
According to ILO report of 2009-10, globally, number of women employed grew by 18.4% over the past decade and by…
Human health has become a major growing concern worldwide due to infectious diseases. Biotechnology has played a dynamic role in…
The rally over the past 12 months or so in the equity markets worldwide have largely been fueled by an…
Everybody in this world is prone to dreaming which they need their future to be, hence I have a dream…
Pakistan is a land of opportunities with numerous openings in every sector where a lot of things can be done…
Everything takes time. Imagine a cake is being baked for 20 minutes instead of 40 minutes. What would be the…
Prior to the pandemic, Pakistan’s ports handled a total trade volume of approximately 110.69 million tons during 2019. In 2020,…
Signify (Euronext: LIGHT), the world leader in lighting (formerly known as Philips Lighting), has launched ‘WiZSmart Wi-Fi’ LED Bulb in…
Fauji Fertilizer Company Limited (FFC) is Pakistan’s largest urea manufacturing company, incorporated in 1978 as a joint venture between Fauji…
Good governance is often considered essential for a country’s economic development. Today, governing Public Sector Companies (PSCs) have become quite…
At its meeting on 19th March 2021, the Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) decided to…
Set against the backdrop of a continuing health crisis, governments and organisations are reinvigorating conversations about how smart city technologies…
HBL became the first Pakistani bank to open a branch and serve clients in Beijing, China’s capital city. The inauguration…
The Pakistan’s economy has been characterized as unstable and highly vulnerable to external and internal shocks. However, the economy proved…
The debt-laden economy of Pakistan needs foreign inflows in order to address its economic woes. The global economic landscape seems…
Digital technologies have been changing the world economy where numerous nations still can’t seem to encounter the full developmental advantages…
Etimad Online is an initiative to reduce inflation and alleviate poverty from Pakistan by promoting and helping local manufacturers and…
Roshan Digital Account has attracted more than half a billion dollars and phenomenal trust of Non-Resident Pakistan (NRP). The inflows…
Finally, the year of most disruption, upheaval and uncertainty is over. This year has brought a new perspective on how…
Govt must make youth to tech-savvy workers to achieve Digital Pakistan goal Pakistan’s Information Technology (IT) sector has a huge…
Accelerated by the pandemic, the digital future is coming at us faster than ever before, and maybe faster than we…
COVID-19 has accelerated digitization of banking as customer expectations change during the pandemic. This potential digital change would also help…
State Bank of Pakistan in collaboration with Karandaaz and Bill & Melinda Gates Foundation, marked the beginning of 2021 with…
Dubai Islamic Bank, the world’s first Islamic bank – last week joined the Roshan Digital Account (RDA) initiative of the…
Remittance is a decisive role in country economy. It circulates or flow the dollar in and outside the country. Pakistan…
Over time, the real estate sector has marked significant economic importance. As large as the real estate sector is, it…
In the current world of globalization markets and their economies leading from the front and every activity of residents of…
Pakistan in the run of cricket laurels and with fame to a great extend, strongly leading in the fast emerging…
Etimad Online is an initiative to reduce inflation and alleviate poverty from Pakistan by promoting and helping local manufacturers to…
Outbound telemarketing is a part of every customer centric organization. The idea behind telemarketing is to understand the target audience,…
The year 2020 was a memorable one for many perspectives but cricket freaks would remember this event for many years…
Cricket League, Football League etc. are quite widespread in almost every part of the globe these days. Resurgence of sports…
With IDEMIA’s Global Fintech Accelerator Card Program, the Pakistan-based fintech firm can now effectively scale-up its operations and offer a…
Pakistan Super League (PSL) is an annual attraction not only for the people residing in Pakistan but also for over…
Sports have long been an integral part of our culture, from the earliest form of football in ancient China, Cùjū,…
Fatima Fertilizer Company Limited (FFL) has partnered up with Multan Sultans for the sixth edition of Pakistan Super League (PSL).…
Lahore Qalandars, a star-studded squad, has been in the limelight for a plenty of reasons since the commencement of the…
Pakistan will have a growth rate of 1.5 percent in fiscal year 2020-21, as per IMF. government is trying to…
COVID 19 pandemic has disrupted the entire global economy, which already with the start of the current century and particularly…
Oil prices declined after climbing to the highest in more than a year. Prices fell for a second day on…
Small & Medium Enterprises (SMEs) are the important components of economic development. This sector can generate increased productivity & new…
With IDEMIA’s Global Fintech Accelerator Card Program, the Pakistan-based fintech firm can now effectively scale-up its operations and offer a…
Since key policy rate is at 7 percent for the next two months with the hope that the discount rate…
In Pakistan, Islamic banking has registered substantial growth over the last few years. Along with increase in number of branches,…
Cold Calling is a technique in which sales representative reach people who previously have shown no interest in products or…
Mudasar, a young Pakistani adept at graphic designing, left for the UAE a couple of years ago and resided in…
The global economy is emerging from one of its deepest slumps and beginning a passive recovery after the distressing health…
Islamic banking, like any other banking system, is an evolving system worldwide. Since the inception of conventional banking system; work…
It is rather customary in numerous countries to avail personal loans to go on a vacation, visit some foreign countries…
Collectively, financial sector’s risk indicators have significantly strengthened since the last financial crisis of 2008. In terms of capitalization, the…
Qatar witnesses a prosperous start to 2021, first scoring a major political goal by restoring diplomatic relations with Saudi Arabia…
Although Pakistan and India have a difference in infrastructure and regulations, the overview of the e-commerce economy in India can…
Housing plays a key socio-economic development. According to UN about 3 billion people will need new housing and basic urban…
Not today but five years ago, in the wake of advanced research, financial incentives and public awareness campaigns, Norway had…
In an attempt to address circular debt issue, the Government of Pakistan (GoP) has increased electricity tariff by Rs1.95/Kwh or…
Things finally seem to be looking good for the automobile industry, especially after the downfall caused by Covid-19. Domestic car…
Collecting gas from gas fields, transporting it to over hundreds of kilometers through large pipelines, and then distributing it to…
Call center are the busiest department of any organization dealing with unexpected scenarios but 2020 has taken this to entirely…
The outbreak of Covid 19 in the beginning of year 2020 affected the global economy including Pakistan’s economy as well.…
The COVID-19 has been declared pandemic as its outbreak is an ongoing global situation. Besides the human tragedy, it is…
The State Bank of Pakistan (SBP) in its latest Monetary Policy Statement (MPS) has kept the Policy Rate intact at…
The fertilizer industry has expressed dismay over a recent decision of the Cabinet Committee on Energy (CCoE) to divert natural…
Based on the mileage it is mandatory for the sake of safety to change the tyres of 800cc car every…
Al-Hajj to launch proton variants Malaysian auto giant Proton, which has collaborated with Al-Haj Automobile, the assembler of FAW automobiles…
There is no denying the fact that Pakistan is an agrarian economy. Since more than 20 percent share in the…
Low-cost housing is the dire need since the housing backlog is around 10 million units in Pakistan at the moment.…
Infrastructure development is one of the main pillars of economic growth of any economy and China Pakistan Economic Corridor being…
In December, 2020, the 5th meeting of the Joint Working Group on Gwadar, which includes, representatives of multiple Ministries from…
E-Commerce business is on rise during the pandemic. More and more people are opting to shop on online as compared…
The sun of 2021 has risen for the remnants of the Corona catastrophe and even in 2021 the fading shadows…
We are living in unprecedented times. In the face of a global pandemic, the world is demanding a proven and…
According to the latest data released by State Bank of Pakistan (SBP), overall deposits of Pakistan banks have grown by…
The greenhouse effect Climate change has become a considerable concern for humanity during this anthropocentric age. Scientists believe that the…