Participants during the event in Dubai.
Business Bureau, Gulf Today
The second Pakistan Remittance Summit held in Dubai with the aim of discussing the innovative ideas to increase the remittance to Pakistan and discourage the illegal mode of money transfers like Hawala, Hundi and others causing 8 to 9 billion dollar loss to Pakistan economy annually.
The summit held in a local hotel had attended by the representatives Pakistani banks operating in the UAE, officials from different exchange houses and scores of experts from the financial sectors around the world.
The second Pakistan Remittance Summit 2019 organized by the top 5 Remittance Receiving Banks in Pakistan – Allied Bank Limited, MCB, National Bank of Pakistan ,United Bank Limited and Habib Bank Limited – under the patronage of Pakistan Remittance Initiative by State Bank of Pakistan.
Over 407 million drops of polio vaccine have been delivered to more than 71 million Pakistani children as part of the Emirates Polio Campaign implemented in the Islamic Republic of Pakistan since 2014 till the end of April 2019, the UAE-Pakistan Assistance Programme (UAEPAP) has announced.
Pakistan Embassy and Consulate in the UAE will remain closed on Tuesday (March 23) on account of the Pakistan Resolution Day.
Burj Khalifa’s Twitter account wrote, “Burj Khalifa commemorates Pakistan Day, wishing the people of Pakistan peace and growth.”
The overseas Pakistanis are the backbone of our country economic growth. The Pakistan Tehreek-e- Insaf (PTI)-led government under the dynamic leadership of Imran Khan is committed to resolve key issues of overseas Pakistanis at the earliest, as every year they are sending over $22 billion of remittances to our country.
China will step up support for the economy, Premier Li Keqiang has said, urging economically important provinces to take the lead in implementing growth policies, state media reported a day after data showed growth unexpectedly slowed last month. China’s economy continued to recover in July but there were “small fluctuations”, Li said during a
The Indian rupee closed higher on Wednesday marking its biggest single-day gain in more than one week spurred by dollar inflows, as improved risk appetite drove a rally in equities while the greenback posted losses. The partially convertible rupee closed at 79.4450 in its best session since Aug. 5. The currency had ended at 79.6550 on Friday.
Khalil Al Khoori, Acting Undersecretary for Human Resources Affairs at MoHRE, said: “The increase in the private sector workforce is aligned to the remarkable growth of the UAE’s economy."
Floward is expanding its executive team as part of its strategy to continue to differentiate itself in the flowers and gifting industry, and seeks ways to bring clients innovative experiences and features that meet their evolving needs.