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IT minister claims Dr Umar sabotaged deal with Paypal

ISLAMABAD: Minister of State for IT and Telecom Shaza Fatima Khawaja accused former caretaker federal minister Dr...

Updated 25 Sep, 2024 11:59am

Technology

Elevate looks to utilise Dubai’s competitive edge as it resolves Pak freelancers’ payments woes

Elevate, the fintech that recently secured financing of $5 million with the aim to expand further into South Asia,...

Published 11 Jun, 2024 03:17am

World

JPMorgan hires new chief technology officer: memo

NEW YORK: JPMorgan Chase hired former PayPal executive Sri Shivananda as its new chief technology officer (CTO), the...

Published 11 Jun, 2024 03:17am

World

Pakistan’s IT cos like incorporating in Dubai: ease of payments is just one of many reasons

Dubai’s appeal as the preferred destination for Pakistan’s software companies has a lot to do with the streamlined...

Updated 22 May, 2024 09:31am

Pakistan

PM Shehbaz directs preparing roadmap for increasing IT exports

Premier says youth will be provided with education and skills in the IT sector and facilities required for start-ups

Updated 12 Mar, 2024 09:23pm

Online freelancers: PayPal remittances from this month: minister

Islamabad: Pakistan online freelancers will be able to receive PayPal remittances starting this month through a...

Updated 03 Mar, 2024 08:19pm

Pakistan

13 out of 15 ‘important targets’ achieved: MoITT

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunications Dr Umar Saif claimed that 13...

Published 26 Jan, 2024 04:58am

BR Research

IT exports on a rise

IT exports have been growing consecutively over the past four months. As per the latest data, the IT exports for...

Published 23 Jan, 2024 09:07am

Technology

Launch on 11th January: Freelancers to channelize remittances thru Paypal

PayPal is not coming to Pakistan but an agreement has been reached under which the remittances would be channelized from Paypal through a third party, says Dr Saif

Updated 06 Jan, 2024 09:51pm

Perspectives

Busting myths: is Pakistan replete with tech talent?

In 2014, Pakistan came third – perhaps for the first time ever, in a global football event – the Street Child...

Updated 17 Nov, 2023 11:59pm

Editorials

Boosting ICT exports

EDITORIAL: For Pakistan to come out of its recurrent balance of payment rut, exports are required to grow at a fast...

Published 11 Nov, 2023 06:30am

Markets

Wall St rallies over 1pc on bets of peak US interest rates

NEW YORK: Wall Street’s main stock indexes rallied on Thursday on hopes that the US Federal Reserve had reached ...

Published 03 Nov, 2023 06:11am

Business & Finance

PayPal gets crypto green light in UK as sets up post-Brexit base

LONDON: PayPal has been registered to offer cryptoasset activities in Britain, the Financial Conduct Authority said...

Published 02 Nov, 2023 03:15am

Business & Finance

Minister highlights govt’s steps towards IT exports

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunications Dr Umar Saif while...

Published 26 Oct, 2023 06:08am

Pakistan

Pakistan to hear ‘good news’ regarding PayPal, Stripe payment gateways soon: Dr Saif

Dr Umar Saif, Pakistan’s caretaker federal minister for IT and Telecommunications, said on Wednesday that the...

Updated 26 Oct, 2023 12:17am

Many IT cos parking USD outside country: minister

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication, Dr Umar Saif, said that the...

Updated 27 Sep, 2023 10:41am

Kakar gives go-ahead to plan aimed at bringing PayPal, Starlink to Pakistan

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday approved the Ministry of Information Technology...

Updated 07 Sep, 2023 09:19am

Business & Finance

$10bn IT export target: govt unveils its roadmap

KARACHI: Caretaker Federal Minister for IT and Telecommunication Dr Umar Saif Thursday unveiled the roadmap for...

Published 01 Sep, 2023 05:41am

Technology

Umar Saif expresses wish to bring PayPal, stripe payment gateways to Pakistan

If the authorities facilitate us, I can increase the IT industry's size from $2.6 billion to $3.5 billion in a couple of months, says caretaker IT minister

Updated 31 Aug, 2023 05:37pm

Markets

PayPal to halt UK crypto sales until 2024

LONDON: Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from...

Published 17 Aug, 2023 12:27pm

Business & Finance

KKR to buy up to $44bn of PayPal’s buy now, pay later loans in Europe

BENGALURU: Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros ($43.71...

Published 26 Jun, 2023 06:38am

Markets

Wall St falls ahead of key inflation data

NEW YORK: US stock indexes fell on Tuesday as investors turned cautious ahead of a key inflation reading this week,...

Published 10 May, 2023 06:03am

Technology

PayPal tells Australia it supports buy-now-pay-later regulation

SYDNEY: Payments giant PayPal Holdings Inc wants buy-now-pay-later (BNPL) loans subjected to consumer protection...

Published 16 Feb, 2023 12:13pm

Business & Finance

Payments firm PayPal to lay off 7% of its workforce to cut costs

PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce, or about 2,000 employees, the latest...

Published 01 Feb, 2023 02:00am

Markets

Wall Street rises on tech, earnings boost as recession fears ease

NEW YORK: Wall Street’s major indexes surged on Wednesday, with gains in big technology companies lifting the...

Published 04 Aug, 2022 05:43am

Technology

Crypto-curious corporations struggle to find right recipe

PARIS: Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as...

Published 10 Apr, 2022 11:19am

Business & Finance

Cryptocurrencies in Pakistan: looking for a balance

KARACHI: As cryptocurrencies become increasingly popular among both retail and institutional investors around the...

Updated 08 Mar, 2022 09:53am

Business & Finance

PayPal shuts down its services in Russia citing Ukraine aggression

Payments company PayPal Holdings Inc shut down its services early on Saturday in Russia, citing "the current...

Updated 06 Mar, 2022 02:08pm

Business & Finance

PayPal not coming to Pakistan

ISLAMABAD: The Ministry of Information Technology and Telecommunication officially announced on Tuesday that PayPal...

Updated 16 Feb, 2022 09:55am

Business & Finance

US consumer protection agency investigates 'buy now, pay later' plans

NEW YORK: The US Consumer Financial Protection Bureau announced Thursday it has opened an investigation into the...

Published 17 Dec, 2021 10:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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