Business

Faysal Bank Car Finance, Audi Pakistan and IGI Insurance enters into Strategic Alliance

Karachi, 6th March 2017: Faysal Bank Limited (FBL), one of the leading banks in Pakistan, joins hands with Audi Pakistan and IGI Insurance to offer incredible discounts and value added services to their customers. As a part of Strategic Alliance between Faysal Bank and Audi Pakistan, customers will avail unprecedented offers in terms of car financing markup rates, fast track processing, waivers in processing charges, priority vehicle delivery along with

UBL Funds awarded Management Association of Pakistan’s Corporate Excellence Award 2016

PAKISTAN, Karachi, 2 March 2017:  UBL Fund Managers Limited (UBL Funds), managing UBL Stock Advantage Fund (Equity Scheme), has received the Management Association of Pakistan’s (MAP) Corporate Excellence Award in the Other Financial Services Category, making us three time winners at the Awards (source: mappk.org). With this, UBL Funds holds its position as the First and Only Asset Management Company in Pakistan to win a Corporate Excellence Award. The Award was received by Mr.

LAWS THAT FOREIGNERS NEED TO KEEP IN MIND WHEN BUYING PROPERTY IN ASIA

KARACHI, 3rd March 2017: In an increasingly globalized world, people are travelling more than ever. Those who travel often consider buying property abroad, many in Asia. However, those wishing to invest in property in other countries should bear in mind local laws and restrictions on acquiring real estate. Are you interested in purchasing a condo in the Philippines? Perhaps a coastal villa in Galle, Sri Lanka? Or maybe a luxury

Tax Amnesty and Pakistan’s Improving  International Reputation

KARACHI, February XX, 2017: On the 6th of December, the Federal government of Pakistan (FBR) approved a one-time tax amnesty scheme giving a unique chance to owners of real estate to make their immovable property good in the eyes of the tax man. But, what impact will this have on the country’s real estate market? The main points of the recently approved tax amnesty are: The buyer of the property

INNOVATIVE APP FOR REAL ESTATE AGENTS

KARACHI, February 22, 2017: Real estate agents need to be able to manage their listings reliably, fluidly, and on the move; especially since real estate is moving online. The new version of property portal Lamudi’s app brings real estate agents an efficient and highly functional way of listing and selling properties.   An app for real estate agents in emerging markets A typical day in the life of an agent

Faysal Bank Partners with K-Electric to Facilitate Customers

Karachi – February 14, 2017: One of the leading banks of Pakistan, Faysal Bank Limited has partnered with K-Electric (KE) to facilitate customers seeking new connection. The collaboration will now enable customers to deposit funds against new electricity connection through all the branches of Faysal Bank.   In addition to paying their regular monthly bills, customers can now also deposit funds against new KE connection at all Faysal Bank branches

Faysal Bank signs two agreements with Adamjee Life Assurance Company Ltd.

PAKISTAN, Karachi 9th February 2017: Faysal Bank one of the leading banks of Pakistan has recently signed two agreements with Adamjee Life Assurance Company Ltd. According to this agreement, Faysal Bank will now offer additional Adamjee Life Assurance products to its existing and potential customers through its widespread distribution channels. The products will include both Conventional and Takaful Plans. The Agreement was signed by Mr. Fouad Farrukh, Head Retail Banking

CAFE LATCH INTRODUCES THEIR NEW BRUNCH MENU

[Lahore, February 2017]: Café Latch, a gourmet cafe located in one of the Lahore’s popular locales for high-end eateries, has introduced brunch as part of their menu through an event hosted at the Cafe. The Cafe has introduced a variety of additional items on the menu as part of brunch namely Truffle Fries, Chicken Tacos, Fajita Omelette, Eggs Sunny Side Up, Scrambled Eggs on Croissant with Smoked Salmon, Eggs Benedict,

Stable Interest Rate Will Stimulate Property Market

KARACHI, February 08, 2017: The benchmark interest rate in Pakistan remained fixed at 5.75 percent in January 2017. The State Bank of Pakistan (SBP) decided for the fourth consecutive time to leave the rate unchanged in a bid to keep economic growth alive in a stagnating inflationary environment. So how will this affect homeowners? The mortgage market is still in its infancy in Pakistan that is despite the SBP setting

UBL Funds &1LINK Sign Agreement to Facilitate Online Investment in Pakistan

PAKISTAN, Karachi, 2 February 2017: UBL Fund Managers Limited (UBL Funds) has signed an agreement with 1LINK (Guarantee) Limited (“1LINk”), the largest banking Switch in Pakistan, to facilitate investors through the launch of ‘UBL Funds-Online Investment’ facility. The launching ceremony was held at UBL Funds’ Corporate Office in Karachi. Under this partnership, UBL Funds is enabled at 1LINKthrough which UBL Funds’ investors can avail digital payment services over a period of