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In our relentless pursuit of progress, digitalization stands as a cornerstone for #Mobilink Bank .  Guided by this vision, we are at the forefront of a transformative journey, advancing step by step towards a future where technology enhances every aspect of banking. The recent inauguration of Digital Notice Boards across our branches marks a pivotal moment in this evolution. These modern displays replace traditional boards, not only streamlining communication but also championing sustainability.  This shift not only aligns with our commitment to environmental responsibility but also enhances accessibility for our valued customers.  As we strive to combat #climate change, our dedication remains unwavering, driving us to persist in our #paperless initiative across all fronts. Together, we forge a path towards a more efficient, eco-friendly, and digitally empowered banking experience.      

Pakistan Surges with Current Account Surplus of $397m in December 2023, Announces State Bank of Pakistan (SBP) The State Bank of Pakistan reported a notable improvement in its current account balance for the period of July to December in the current fiscal year The latest figures indicate a positive shift in the current account deficit, with a loss recorded at $83.1 million during July-Dec FY24. In contrast, the same period in the previous fiscal year (July-Dec FY23) saw a larger loss of $3.62 billion in the current account balance. This encouraging trend underscores the effectiveness of the efforts and strategies implemented by the bank to stabilize its financial position. Specifically, the current account balance for December 2023 reflected a surplus of $39.7 million. This marks a substantial improvement compared to the figures from December 2022, where a loss of $36.5 million was recorded. In November 2023, there was a temporary setback as the State Bank of Pakistan reported a curre

All Bank Alfalah Branches pan Pakistan will be closed on Saturday, January 20, 2024. To further improve our services and enhance the banking experience of our valued customers, we will be upgrading our technology system for which: Bank's digital channels/services (including ATMs) will not be available from 8:00 pm Friday, January 19, 2024, to 08:00 am Monday, January 22, 2024. However, Bank's Credit Card Services (all types) will remain active as normal. We understand that this may cause some inconvenience. If you have any urgent banking needs during this period, please plan accordingly. We will be back with the upgraded services on Monday, January 22, 2024, at 8:00 am. All Bank Alfalah Branches pan Pakistan will be closed on Saturday, January 20, 2024.  Inconvenience regretted  

Since its introduction in September 2020, the Roshan Digital Account (RDA) has marked a remarkable journey, evolving into a substantial contributor to foreign inflows. As of December 2023, the platform has garnered a total of $7.195 billion, reflecting its growing influence and popularity in just over three years since its inception. This success underscores the global embrace of RDA as a preferred avenue for financial engagement and investment. The Roshan Digital Account (RDA) facility has empowered non-resident Pakistanis (NRPs) by offering them the convenience of remotely opening accounts with designated Pakistani banks.  Through an efficient online system, NRPs can seamlessly conduct various banking services, including money transfers, utility payments, educational expenses, and other financial transactions, as well as invest in Pakistan.  Since its inception, the RDA has proven to be a magnet for significant inflows, maintaining a monthly average surpassing $200 million. This cons

Revolutionary Tax Success: Government collected Rs85 Billion tax from Non-Filers in Just Six Months. Tax authorities have successfully amassed Rs85 billion over a six-month period, primarily through levies on cash withdrawals and electricity usage from non-filers. Interestingly, the concentration of non-compliance appears to be most prominent in major urban centers, specifically Karachi and Lahore. A substantial 60% of the Rs85 billion collection derived from these non-filers is attributed to Karachi and Lahore, the country's largest cities. With high urbanization rates, these areas host eight out of 25 Federal Board of Revenue field offices, emphasizing the strategic importance of these locations. To tackle non-compliance, the government introduced a 0.6% tax on cash withdrawals exceeding Rs50,000 and a 7.5% withholding tax on monthly domestic electricity consumption exceeding Rs25,000 for non-filers. The data indicates that between July and December of the fiscal year, the FBR ga

   تین سالوں سے، ایک ٹرین جاپان کے دور دراز کامی-شیراتکی اسٹیشن پر دن میں صرف دو بار رکتی ہے، دلچسپ بات یہ ہے کہ صرف ایک مسافر کے لیے - ایک لڑکی جو تعلیم حاصل کرنے کے لیے اسکول جانا چاہتی ہے۔ سی سی ٹی وی کے مطابق، کامی-شیراتکی اسٹیشن پر ہر روز صرف دو ٹرینیں ایک منفرد ٹائم ٹیبل کے ساتھ رکتی ہیں جس پر منحصر ہے کہ لڑکی کو کب اسکول جانا ہے اور کب واپس جانا ہے۔ Kami-Shirataki station اب برسوں سے ٹرینیں صرف اس کے لیے اسٹیشن پر رکی ہیں۔ مزید برآں، جاپان ریلوے (جے آر) کے حکام نے فیصلہ کیا ہے کہ وہ ٹرین اسٹیشن کو اس وقت تک کھلا رکھیں گے جب تک وہ اسکول نہیں چھوڑتی۔ Kana Harada سی سی ٹی وی کے مطابق کامی شیراتکی ٹرین اسٹیشن جاپان کے شمالی جزیرے ہوکائیڈو میں واقع ہے۔ تین سال قبل اس کے دور دراز مقام اور مال بردار ٹرینوں کے ختم ہونے کی وجہ سے، جاپان ریلوے (جے آر) نے اسے بند کرنے کا فیصلہ کیا۔ تاہم، انہوں نے اپنا ذہن بدل لیا جب انہیں پتہ چلا کہ ایک نوجوان لڑکی روزانہ ہائی سکول جانے کے لیے اسٹیشن کا استعمال کرتی ہے۔ توقع ہے کہ لڑکی 26 مارچ 2016 کو گریجویٹ ہو جائے گی، جب سٹیشن بند ہو جائے گا۔ Fo

  The year 2023 marked a spectacular run for Tesla Inc., with its shares experiencing a remarkable surge, more than doubling in a mere 12 months. However, as the dawn of 2024 breaks, Elon Musk's electric vehicle empire finds itself navigating treacherous waters, charting its worst start to any year in its history. In an astonishing twist of fate, Tesla has witnessed a staggering loss of over $94 billion in market valuation within the initial fortnight of 2024. Unraveling the threads of this financial downturn reveals a confluence of adverse events that have battered the Austin, Texas-based EV giant. Foremost among these is a significant setback stemming from Hertz Global Holdings Inc., the car rental titan, abruptly reversing its stance on electric vehicles. This sudden change has reverberated through Tesla's financial landscape, compounding the challenges posed by yet another price reduction for its vehicles produced in China and the emergence of signals indicating a surge in

  In a groundbreaking move to fortify Pakistan's freelance industry, Caretaker IT and Telecom Minister Dr Umar Saif announced the establishment of 10,000 e-Rozgar centers nationwide. This initiative aims to provide vital support to the approximately 1.5 million freelancers in the country, addressing challenges such as the lack of proper workspaces.   Dr Saif, stressing the importance of convenience for freelancers, anticipates an annual revenue boost of around $10 billion by facilitating one million freelancers. The existing measures, allowing freelancers to retain 50% of export earnings  and streamlining payment processes, coupled with the new e-Rozgar centers, are poised to accelerate freelance activities. Recognizing that many freelancers come from smaller cities and towns, the Ministry of Information Technology aims to support female IT experts from remote areas, fostering a significant demographic within the freelancing community.  Dr Saif revealed that the e-Rozgar centers wo

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Pakistan to begin PayPal payments for freelancers in Februar-2024 In a significant development for Pakistan’s freelance community, the Caretaker Federal Minister for Information Technology and Telecommunication, Dr. Umar Saif, announced today that a pilot project enabling payments to 10,000 freelancers through PayPal is set to commence in February. The announcement came during Dr. Saif’s address at the Tech Destination Pakistan event, coinciding with the launch of E-Rozgar Centers across the country. “In February, we are going to start the first pilot project in which 10,000 freelancers in Pakistan would be able to start receiving payments through PayPal ,” Dr. Umar Saif declared. He further elaborated that the program’s expansion is slated for March, ensuring that freelancers across the country gain access to payments from PayPal and Stripe. Dr. Saif clarified that although PayPal itself is not establishing a presence in Pakistan, an agreement has been reached to facilitate remit

  The "Smartphone for All" project, announced by Caretaker Federal Minister for Information Technology and Telecommunication, Dr Umar Saif, aims to provide individuals with the opportunity to acquire smartphones through convenient instalment plans. Alongside this initiative, the Ministry of IT is actively working on establishing a research and development fund.  This fund is designed to bolster support for mobile phone manufacturing companies, fostering the expansion and development of the mobile phone manufacturing sector, as highlighted in Dr Umar Saif's statement on his official social media account. Regarding the “Smartphone for All” project, he explained that in the event of failure to pay instalments, the Pakistan Telecommunication Authority (PTA) would block the handset following the pattern of the Device Identification, Registration, and Blocking System (DIRBS). This forward-thinking approach aligns with the ministry's commitment to enhance accessibility to te

Elon Musk’s rebranding of Twitter as “X” began at the tail end of July 2023. The social media platform now sports a new “X” logo on its mobile apps for iPhone and Android, following an earlier change to its website and Twitter accounts. Musk originally bid farewell to the Twitter brand on July 23 in a flurry of tweets. Shortly after, the company’s iconic bird symbol, named after pro-basketball player Larry Bird, was replaced with a new X logo on its website and headquarters. The transformation of Twitter into "X" marked a significant rebranding effort spearheaded by Elon Musk in late July 2023. This overhaul extended to the mobile apps for iPhone and Android, showcasing a distinctive "X" logo.  The shift followed Musk's farewell to the Twitter brand through a series of tweets on July 23. Notably, the platform's iconic bird symbol, originally named after Larry Bird, was replaced by the new "X" logo across its website and headquarters. The rebran

"KIBOR Hits 10-Month Low: T-Bill Yields Dip Below Policy Rate" On January 12, 2024, in Karachi, the six-month interbank rate reached its lowest point in 10 months. This decline was driven by a sharp drop in treasury bill yields, suggesting a market anticipation of the central bank initiating interest rate cuts sooner than initially anticipated. The financial landscape reflects dynamic shifts, with implications for economic expectations and monetary policy. The six-month Karachi Interbank Offered Rate (KIBOR), a crucial gauge for corporate lending, declined to 20.98 percent, marking its lowest point since March 2023, as reported by the State Bank of Pakistan (SBP). This shift follows a decrease from Wednesday's rate of 21.31 percent. The dip in KIBOR aligns with a substantial drop in the cut-off yields of treasury bills during an auction where the government successfully raised Rs284 billion, surpassing the original target of Rs100 billion. All tenors, including three, six

Twitter's Global Impact: 500 Million Daily Tweets Valued at $35.01 Billion                   The world witnessed the first tweet being sent on March 21, 2006, and since then, Twitter has risen to become one of the largest in the world and wealthiest corporations. According to the corporation, roughly 500 million tweets are sent every day across the globe, with a total value of around $35.01 billion. Twitter is presently worth more than Equatorial Guinea, which has a GDP of $12.142 billion, with a projected drop to $9 billion by 2020. In this era of economic giants, envision the staggering scale of corporations whose earnings surpass the profits of entire nations. It's not a jest but a reality where companies like McDonald's, Facebook, and Twitter outpace the economic output of several countries.  The financial prowess of these entities reaches levels that surpass the GDP of entire nations. Explore further in this article to discover which companies boast incomes that out

A Rolltop is a conceptual design that envisions a portable computer with a flexible display that can be rolled up for easy portability.  This concept combines the flexibility of rollable or foldable displays with the functionality of a laptop, offering a more compact and flexible form factor.  Rolltop technology represents a groundbreaking fusion of innovation and versatility in the realm of portable computing. Conceptualized as a flexible and foldable device, the rolltop laptop introduces a transformative approach to traditional form factors. With its pliable display, users can seamlessly roll or fold the screen, providing unprecedented portability without compromising on functionality. This cutting-edge design opens doors to a new era of compact and adaptable computing solutions, promising a revolution in the way we interact with technology. As the industry continues to explore and refine this concept, the rolltop laptop stands at the forefront, symbolizing the exciting possibilities

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In Ethiopia's tribes, having a big belly makes a man attractive. The larger the belly, the better. If you're on the heavier side, having a belly is seen positively – just find the right place to live and embrace yourself. ایتھوپیا کے قبائلوں میں، بڑے پیٹ والے مرد کو خوبصورت قرار دیا جاتا ہے۔ جو زیادہ پیٹ، وہ بہتر۔ اگر آپ زیادہ وزن والے ہیں اور پیٹ ہے ، بس صحیح جگہ پر رہیں اور اپنے آپ کو قبول کریں۔ Ethiopia is Africa's oldest independent country and one of the oldest in the world with over 3000 years of history. In 980 BC, the Kingdom of D'mt extended its realm over Eritrea and the northern region of Ethiopia, while the Kingdom of Aksum maintained a unified civilization in the region for 900 years. "ایتھوپیا افریقہ کا سب سے قدیم آزاد ملک ہے اور دنیا کا ایک سب سے قدیم ملک ہے جس کی تاریخ میں 3000 سال سے زیادہ ہے۔ 980 قبل مسیح میں، D'mt کا مملکت ایرٹریا اور ایتھوپیا کے شمالی علاقے پر اپنے حکومت کو بڑھا دیا، جبکہ اکسم کا مملکت علاقے میں 900 سال تک متحد تمدن بنائی رک