Business

Aramco

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

Business, World /

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

Business /

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

Business /

  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

Business /

  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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mirpur

Malaysian envoy engages with Mirpur business community to explore new avenues

Business, Kashmir /

  MIRPUR (Kashmir English): High Commissioner of Malaysia to Pakistan Dato Mohammad Azhar bin Mazlan visited Mirpur Chamber of Commerce and Industry (MCCI), Mirpur, Azad Jammu and Kashmir (AJK) in an effort to explore new avenues in business and trade. The High Commissioner was accompanied by Deputy Head of Mission of the High Commission, Mohd.

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