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The German internet company Rocket Internet took an initial step into Pakistan's e-commerce sector with the establishment of Daraz.pk in July 2012. [19] Following a positive reception in Pakistan with its first e-commerce venture, Rocket Internet expanded its operations in Pakistan to over 30 active websites in 2015, the widest known being Kaymu.pk, Foodpanda.pk and Daraz.pk. [20] In a recent ...
The Government of Pakistan has prioritized Information technology as a key component of its efforts to establish an "Information age" within the country. [12] Significant progress has been made in developing efficient computerized e-government systems for major departments, including the police, law enforcement agencies, and district administration. [12]
Distribution companies (DISCOs) are companies under Pakistan Electric Power Company (PEPCO) responsible for distribution of electricity in their respective allocated areas. . They buy electricity from producers such as Water and Power Development Authority (WAPDA), GENCOs, PAEC and other private Independent Power Producers (IPPs) and sell it to their respective area custome
Citi Bank N.A (CitiBank N.A Pakistan) Industrial and Commercial Bank of China Limited (ICBC Pakistan) Bank of China [3] (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) Saudi National Bank (Samba Financial Group|Samba Bank (Pakistan) Limited)
Later in 2010, Arif Habib Bank Ltd. was rebranded under the name of Summit Bank Ltd. [9] Suroor Investments Ltd. acquired the majority shares of Atlas Bank Ltd. and MyBank Ltd. [10] and these banks were later on came under the umbrella of Summit Bank Ltd., [11] increasing the network of the bank to over 193 branches in the country.
Samsung Electric Industries was established as an industrial part of Samsung Group on 13 January 1969 in Suwon, South Korea. [19] At the time, Samsung Group was known to the South Korean public as a trading company specialized in fertilizers and sweeteners.
In November 2017, DGDP renewed a Memorandum of Understanding (MoU) with Pakistan National Shipping Corporation (PNSC). They have been in working relationship for more than two decades. [3] In June 2019, the federal government sanctioned an additional fund of Rs 410 million for the upkeep and repair of two VVIP Gulfstream planes. [4]
On November 8, 2023, a plan was adopted for Jeff Bezos to sell approximately 50 million shares of the company over the next year (the deadline for the entire sales plan is January 31, 2025). The first step was the sale of 12 million shares for about $2 billion. [44] On February 26, 2024, Amazon became a component of the Dow Jones Industrial ...