Business

cargo

China’s SF Airlines launches all-cargo air route linking Xinjiang and Islamabad

  BEIJING (Kashmir English): SF Airlines, China’s largest air cargo carrier in fleet size, has launched a new air cargo route linking Urumqi, capital of Xinjiang Uygur Autonomous Region in northwest China, and Pakistan’s federal capital Islamabad. According to SF Airlines, the Islamabad-Urumqi route is the first all-cargo route launched by SF Airlines in Xinjiang. […]

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Futuremakers Women in Tech Accelerator

Futuremakers Women in Tech Accelerator expands to Pakistan, applications open in April

MUZAFFARABAD (Kashmir English): Standard Chartered has announced its partnership with Village Capital to expand the ‘Futuremakers Women in Tech Accelerator‘ programme across Africa, the Middle East, and Pakistan today. This initiative aims to provide women entrepreneurs with specialised training, funding opportunities, and access to a global network of business leaders, financial experts, and industry peers.

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Aramco

Aramco predicts 30 per cent drop in 2025 dividends as revenue declines

MUZAFFARABAD (Kashmir English): Aramco announced on Tuesday that its 2025 dividends will drop by nearly 30 per cent to $85.4 billion, citing lower sales, higher costs, and reduced performance-linked payouts compared to 2024. The Saudi oil giant Aramco announced its future plan to pay $85.4 billion in total dividends during 2025 which represents a 30

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Azad Kashmir POS system integration

AJK POS Invoicing System installed at five more brand outlets in Kashmir

MUZAFFARABAD (Kashmir English):  The Inland Revenue Department (IRD) of Azad Jammu and Kashmir (AJK) has implemented the latest AJK Point-of-Sale (POS) Invoicing System at five more major business stores/brands located in Mirpur and Muzaffarabad districts. According to a press release issued by the Inland Revenue Department, the AJK POS Invoicing System was installed at well-known

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ola

India’s Ola Electric to cut more than 1,000 jobs: Bloomberg report

  BENGALURU, India (Kashmir English): India’s top electric two-wheeler maker by sales, Ola Electric Mobility, is laying off over 1,000 employees and contract workers as it seeks to prioritise profitability. According to a report published in Bloomberg News, this is the second round of layoffs for the SoftBank-backed company in five months. Citing people familiar

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bank

Banks to operate from 9 am to 3 pm as SBP announces revised hours for Ramadan

  ISLAMABAD (Kashmir English): The State Bank of Pakistan (SBP) has announced that the country’s commercial banks will operate from 9am to 3pm from Monday to Thursday without any breaks. On Fridays, however, banking hours will be from 9am to 12pm.. The central bank announced the revised banking hours to adjust schedules to accommodate fasting

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