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GCHF
Gatwala Commercial Hub , Faisalabad is Punjab’s biggest and Pakistan’s second largest mixed use, real estate project. It has a covered area of over 3.1 million sq. ft.

This mega project, designed and developed by Shah Nawaz Associates, is located, at the junction of Canal Expressway and Lahore Sheikhupura Road. The road in front of the GCH project, has an average traffic count of 30 vehicles per minute. become, the city’s next mega center for trade, commerce, industries as well as residential projects.

 

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RDA records highest-ever daily remittances received by overseas Pakistanis: SBP

KARACHI: The State Bank of Pakistan (SBP) recorded the Roshan Digital Account (RDA) receiving a total amount of $7.7 million – the highest daily remittances by overseas Pakistanis.

The total inward remittances received under RDA reached $139.4 million, with $81 million invested in Naya Pakistan Certificates (NPCs), the central bank reported.

The NPC is an initiative of the Ministry of Finance, administered by the SBP, offering incredible investment opportunities to overseas Pakistanis, which can only be purchased through RDAs.

Earlier, in collaboration with the Government of Pakistan (GoP), the State Bank of Pakistan (SBP) unveiled Roshan Digital Accounts- a digital banking solution that offers overseas Pakistanis ease of payment including fund transfers, bill payments and investment facilities in various sectors of Pakistan, including real estate, stocks, etc. to so that they can avail better services in their homeland.

RDA allows users to choose any foreign currency or rupee-denominated account. Also,  in case an investor wants to withdraw the available funds, RDA allows them to repatriate funds up to the lowest present amount.

 

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