Latest news with #YousafHussain
Business Recorder
7 days ago
- Business
- Business Recorder
FBL honoured for championing disability-inclusive banking
KARACHI: Faysal Bank Limited (FBL), one of Pakistan's leading Islamic banks, has been recognised for its commitment to inclusion and accessibility at the Pakistan PWDs Finclusion Awards 2025. The Bank received the award for 'Most Disability-Friendly Branch Network' and was also named Runner-Up for 'Excellence in Employment of Persons with Disabilities (PWDs).' The awards ceremony, held in Karachi, was organised by Determined Pakistan and was inspired by the State Bank of Pakistan's (SBP) Policy on Financial Inclusion of Persons with Disabilities. These awards reflect Faysal Bank's steadfast commitment to Diversity, Equity, and Inclusion (DE&I) and its purpose-driven approach to banking. Commenting on the recognition, Yousaf Hussain, President & CEO of Faysal Bank, stated: 'At Faysal Bank, we believe that meaningful growth is only possible when it is inclusive, accessible and rooted in compassion. Our vision is to build a banking system that reflects the diversity of our nation and leaves no one behind. These recognitions reaffirm our commitment to embedding equity into our service, our spaces, and our culture.' Copyright Business Recorder, 2025
Business Recorder
31-05-2025
- Business
- Business Recorder
Oil sector in Pakistan: Minister outlines key investment opportunities
KARACHI: Federal Minister for Petroleum Ali Pervaiz Malik outlined key investment opportunities in upstream exploration, pipeline development, and downstream processing, aligned with the global shift toward cleaner energy in a meeting with the Overseas Investors Chamber of Commerce and Industry (OICCI). OICCI held a detailed interactive session with Ali Pervaiz Malik, attended by senior business leaders from both local and multinational companies. Discussions focused on Pakistan's energy priorities and the path to long-term economic stability. The Minister reaffirmed the government's commitment to structural reforms, accelerated policy execution, and enhanced industry engagement. He cited recent resolution of refinery-sector challenges as a positive example of collaborative progress. During the meeting, the Minister outlined key investment opportunities in upstream exploration, pipeline development, and downstream processing, aligned with the global shift toward cleaner energy and invited the foreign companies for investment. He further highlighted the recent FDI-related successes in attracting foreign investment in the mining sector, which aim to unlock the country's untapped natural resources and drive future exports and industrial diversification. Yousaf Hussain, President of OICCI and CEO of Faysal Bank, emphasised the importance of policy consistency, technocratic execution, and a joint, collaborative roadmap to achieve deep-rooted economic stability and sustainable growth. He noted that closer engagement between the government, OICCI, and industry in both policy formulation and execution will be essential to delivering results and strengthening investor confidence. Copyright Business Recorder, 2025
Business Recorder
31-05-2025
- Business
- Business Recorder
Oil sector: Minister outlines key investment opportunities
KARACHI: Federal Minister for Petroleum Ali Pervaiz Malik outlined key investment opportunities in upstream exploration, pipeline development, and downstream processing, aligned with the global shift toward cleaner energy in a meeting with the Overseas Investors Chamber of Commerce and Industry (OICCI). OICCI held a detailed interactive session with Ali Pervaiz Malik, attended by senior business leaders from both local and multinational companies. Discussions focused on Pakistan's energy priorities and the path to long-term economic stability. The Minister reaffirmed the government's commitment to structural reforms, accelerated policy execution, and enhanced industry engagement. He cited recent resolution of refinery-sector challenges as a positive example of collaborative progress. During the meeting, the Minister outlined key investment opportunities in upstream exploration, pipeline development, and downstream processing, aligned with the global shift toward cleaner energy and invited the foreign companies for investment. He further highlighted the recent FDI-related successes in attracting foreign investment in the mining sector, which aim to unlock the country's untapped natural resources and drive future exports and industrial diversification. Yousaf Hussain, President of OICCI and CEO of Faysal Bank, emphasised the importance of policy consistency, technocratic execution, and a joint, collaborative roadmap to achieve deep-rooted economic stability and sustainable growth. He noted that closer engagement between the government, OICCI, and industry in both policy formulation and execution will be essential to delivering results and strengthening investor confidence. Copyright Business Recorder, 2025
Business Recorder
30-05-2025
- Business
- Business Recorder
Energy sector: Key investment opportunities outlined
KARACHI: Federal Minister for Petroleum, Ali Pervaiz Malik outlined key investment opportunities in upstream exploration, pipeline development, and downstream processing, aligned with the global shift toward cleaner energy in a meeting with the Overseas Investors Chamber of Commerce and Industry (OICCI). The OICCI held a detailed interactive session with Federal Minister for Petroleum, Ali Pervaiz Malik, attended by senior business leaders from both local and multinational companies. Discussions focused on Pakistan's energy priorities and the path to long-term economic stability. The Minister reaffirmed the government's commitment to structural reforms, accelerated policy execution, and enhanced industry engagement. He cited recent resolution of refinery-sector challenges as a positive example of collaborative progress. During the meeting, Minister petroleum outlined key investment opportunities in upstream exploration, pipeline development, and downstream processing, aligned with the global shift toward cleaner energy and invited the foreign companies for investment. He further highlighted the recent FDI-related successes in attracting foreign investment in the mining sector, which aim to unlock the country's untapped natural resources and drive future exports and industrial diversification. Yousaf Hussain, President of OICCI and CEO of Faysal Bank, emphasized the importance of policy consistency, technocratic execution, and a joint, collaborative roadmap to achieve deep-rooted economic stability and sustainable growth. He noted that closer engagement between the government, OICCI, and industry. in both policy formulation and execution. will be essential to delivering results and strengthening investor confidence. Copyright Business Recorder, 2025
Business Recorder
23-05-2025
- Business
- Business Recorder
OICCI presents BCI survey findings to Aurangzeb
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met on Thursday at the Finance Division with a delegation from the Overseas Investors Chamber of Commerce and Industry (OICCI), led by President Yousaf Hussain. The meeting focused on the latest results of the OICCI's Business Confidence Index (BCI) Survey Wave 27, conducted nationwide during March and April 2025. The OICCI delegation presented the findings of the survey, which showed a marked improvement in overall business confidence across the country. The finance minister welcomed the upward trend in business sentiment, viewing it as a strong indicator that the country's economic trajectory is stabilising. He acknowledged the importance of maintaining a conducive environment for investment and emphasised the government's focus on supporting private sector growth and ensuring long-term macroeconomic resilience. The improvement in business confidence was seen as a reflection of broader reform efforts and collaborative engagement between the government and key economic actors. The OICCI president noted that business confidence had steadily improved over the past two years, with the latest surge highlighting the resilience of Pakistan's business sector and its optimism in tapping into future growth opportunities. The survey's findings also underscored increasing trust in the government's economic direction and reform measures. In response, the finance minister affirmed that the government would continue to take necessary actions to sustain this positive momentum. Policy consistency, transparency, and proactive engagement with stakeholders, including OICCI members, were identified as central elements of the government's approach to further strengthening investor confidence and economic stability. Copyright Business Recorder, 2025
