Stop Confusing Power Query with VBA/Macros

Microsoft has been working hard on implementing query and data connection tools in its MS Office products. Now as a result we have a more mature data access tools in shape of Power Query. It is now more easy to connect to various database files outside the workbook in different formats. If you are working […]

MS Office Technology

Ease of Doing Business

Pakistan ranks at 136 in terms of ease of doing business as per world bank’s ease of doing business index. Previously Pakistan had a ranking of 147. A 7.48% improvement was seen during 2018. Source: Ease of doing business is a study of various activities that are very important to carry out business in a country […]

Business Economy

Saber Apps: Excel Files Merger System

Excel Files Merger System (EFMS) is a free to use application which is designed to merge xls and xlsx files into SQL database and export as csv. This application intends to make it easy to collect and summarize data in excel files. Although there are options like macros and power query but we found them […]

MS Office Saber Apps Technology

Expected Credit Losses: Future Looking AI Model – Simplified

Expected Credit Losses is a very important area of risk management. It is even more important if you are working for a financial institution. Financial Institutions like banks work with large sums of credit and it is not always “healthy”. Although every application is thoroughly reviewed before acceptance, a large number of customers still tend […]

Risk Management

Islamabad to Lake Saif-ul-Muluk

Lake Saif-ul-Muluk is a remote lake located in Naran Valley. There is a long  6-8 hour drive from Islamabad to Naran. We recommend taking Islamabad > Abbottabad > Mansehra > Kagan > Naran route. Distance is around 300 Km. Before starting your journey you must ensure that you have following things. Boots. Preferably hiking boots (with […]


China–Pakistan Economic Corridor (CPEC)

CPEC is a group of various infrastructure development projects under construction in Pakistan with the help of China. CPEC includes projects such as roads, railway lines, special economic zones, sea and air ports, power plants, mines etc. Overall value of CPEC was estimated around 48 billion which is now over 60 billion USD. 23 electricity […]


Islamabad to Arang Kel

Arang Kel is a remote village located in the Neelam Valley. There is a long 11-12 hour drive from Islamabad to Arang Kel. We recommend taking Islamabad > Murree > Kohala > Muzaffarabad > Neelam route. Distance is around 300 Km. Before starting your journey you must ensure that you have following things. Boots. Preferably […]


Riba: Why borrower is cursed?

Prophet Muhammad (PBUH) cursed all the participants of riba: lender, borrower, one who records and witnesses. Everyone knows that Riba is haram in Islam. Generally it is thought that lenders take advantage of poor people and trap them in the vicious circle of riba. However if it was true, why would borrower be cursed. Is […]

Islamic finance

Abnormal Pakistan Stock Exchange: Dividend Discount Model

Pakistan is a troubled country. It does not have stable policies and plans and as a result it does not have stable economy. You cannot expect steadiness from Pakistani economy. There are sudden and unexpected changes. This is why most of financial, economic and statistical models fail here because the fundamental thing that makes these […]


Scheduled Banks Half-Yearly Returns Excel to DBF

An associate of ours works at a bank where part of their responsibility is SBP reporting. One of such reports is Scheduled Banks Half-Yearly Returns ( which contains data of deposits, advances, investments and balance sheet of each branch. Report is prepared and submitted through old foxpro based system which is outdated. They have been […]