"Capital Smart City: Another master piece from the Capital Smart City launched one of its kind innovative & futuristic development - One Capital Residence." " "Nova City Islamabad has announced Nova City World - Overseas Block for its valuable customers. This state-of-the-art complex will offer luxurious modern amenities. " "Smart City has signed a MoU with Surbana Jorung. This will boast the position of Silicon Valley. " " Surbana Jorung will also design Cultural Village and some other miscellaneous projects" "RUDN Enclave: Development work in RUDN Enclave is on full swing. FWO also started construction of proposed Rawalpindi Ring Road." "Lahore Smart City’s new partnership with Galeria Designs, Raees Fahim, and Faisal Rasul. The future looks bright for Signature Villas!" "Dr Daniel been assigned the task of designing One Capital Residences would surely give birth to an aesthetic giant amidst the twin cities." "Alhamdolillah, with the grace of almighty Allah 2xHybird Double Decker Busses reached safely at Capital Smart City." "Capital Smart City has taken a pivotal step towards water filtration. This the filtration plant of capacity 4.5 Million Gallons per Day (MGD)."
February 25, 2021
Remittances in four months

Remittances in four months via Roshan Digital Accounts hit $400mn

A major initiative of the State Bank of Pakistan, in partnership with commercial banks operating in Pakistan, is the Roshan Digital Account. These accounts provide millions of non-resident Pakistanis (NRPs) seeking to conduct banking, payment, and investment activities in Pakistan with creative banking solutions. The Roshan Digital Account (RDA) is a tailor-made financial solution designed to encourage investment plans in Pakistan-based savings schemes by overseas Pakistanis and is suitable for transactions based on both PKR and USD. In four months, remittances transferred via Roshan Digital Accounts will hit $400 million, the State Bank of Pakistan stated. To date, a total of 80,000 Roshan Digital Accounts have been opened by Pakistanis, the majority of which belong to the Gulf Region, providing the country with 65% of the total remittances. The Roshan Digital Account initiative was launched to provide the overseas Pakistani diaspora with full digital banking solutions without physically visiting branches, offering simple payment and investment facilities in different sectors of Pakistan, including real estate, stocks, etc., so that they can get impeccable services in their native country.

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