MBF

Author name: zain

PSX to Separate its Core Exchange Operations and Real Estate Assets

PSX to Separate its Core Exchange Operations and Real Estate Assets 

The Pakistan Stock Exchange (PSX) is moving forward with plans to separate its core exchange operations and real estate assets under its management to improve management and earnings from both businesses. In a recent notification, PSX announced that its board of directors has authorised the demerger into two separate segments: the Demerged Undertaking (real estate …

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Artificial Intelligence

Leading Developments in Artificial Intelligence to Emerge in 2023

The field of Artificial Intelligence (AI) has undergone rapid development in recent years and is set to continue its growth in 2023. The year ahead promises new breakthroughs in natural language processing, as well as the increased utilisation of AI in businesses. Here are the top AI trends to look out for in 2023: Breakthroughs …

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Digital Bank

Phenomenal Opportunity in Pakistan by Upcoming Digital Bank

The financial industry has witnessed a significant shift towards digital banking over the past few years, with many people now preferring to carry out financial transactions online. However, in Pakistan, this transition has been slower than in other countries, presenting a unique opportunity for financial institutions like Mashreq to introduce and promote digital banking services. …

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world bank

From Swimming in Sand to High and Sustainable Growth

The World Bank has released a report on Friday, titled “From Swimming in Sand to High and Sustainable Growth,” which highlights the impact of Pakistan’s inability to allocate its resources and talent to the most productive uses on its economic growth. The report argues that the country’s economy can grow sustainably only if it introduces …

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Chinese Company Signs Oil Contract with Taliban in Afghanistan

The signing of oil contract between the Taliban-led administration and a Chinese company marks a significant moment in the history of Afghanistan. It is the first major public commodities extraction deal that the Taliban has signed with a foreign company since taking power in 2021. This deal highlights China’s economic involvement in the region, despite …

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Expert Predictions of Artificial Intelligence Surpassing Human Intelligence

As the capabilities of artificial intelligence continue to advance at a rapid pace, some experts are predicting that the technology will eventually surpass human intelligence by a billion times. Mo Gawdat, former Chief Business Officer at Google X and author of “Solve for Happy,” believes that this moment is fast approaching and it is crucial …

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US Imposes Sanctions on Iranian Drone and Missile Industries

on Jan 6th 2023, the United States has announced that it will be imposing sanctions on Iranian industries that produce drones and ballistic missiles. The move comes as a response to allegations that these technologies have been used to facilitate Russia’s actions in the ongoing conflict in Ukraine. US Secretary of State Antony Blinken has …

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