KARACHI ( GUEST WRITER ASLAM SHAH ) Allied Bank of Pakistan (ABL) is involved in the embezzlement of over Rs 1.62 billion, deposited as a fixed deposit for different tenures in 2010, of the Karachi Metropolitan Corporation’s (KMC) pension and investment accounts. The Federal Investigation Agency (FIA) after a probeRead More →

LAHORE (HAFEEZ REPORT ) The global technology leader – Huawei has announced that it will be sponsoring the competent ‘Lahore Qalandars’ cricket team, in the exciting 2nd season of the Pakistan Super League (PSL), currently being held in the UAE and Pakistan. In 2017, once again, the leading teams fromRead More →

ISLAMABAD ( BMZ REPORT ) Huawei Consumer Business Group (CBG) revealed its expected 2016 annual performance figures indicating a 42 per cent increase when compared to 2015. With anticipated sales revenue of USD $26 billion Huawei CBG is showing steady growth for the fifth consecutive year. Additionally, smartphone shipments reachedRead More →

ISLAMABAD ( BMZ REPORT ) The Institute of Chartered Accountants of Pakistan (ICAP) organized CA PAKISTAN OLYMPIAD for the students of Undergraduate (BSc, BS, BA, BBA, BCS and BCOM) in Karachi and Lahore to provide a distinctive platform to students to enhance their skills, exhibit their potential andacquire tools which can beRead More →

KARACHI ( TARIQ REPORT ) JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial entity ratings of ‘AA+/A-1+’ (Double A Plus/A-One Plus) to Bank Alfalah Limited (BAFL). Outlook on the assigned ratings is ‘Stable’. The assigned ratings reflect the Bank’s diversified operations, healthy financial risk profile, strong sponsors and existingRead More →