The president of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Mian Nasser Hyatt Maggo forms a Policy & Research Board comprising of top-level economic, business, trade, and industry experts. FPCCI is the apex representative body of the business, industry, and trade community of Pakistan.… Continue

ACCA (the Association of Chartered Certified Accountants) has announced the pass rates of its latest exam sitting for March 2021 and three students from Pakistan are on the list of its global prizewinners who’ve made the country proud by scoring highest marks among all exam sitters from around the world.… Continue

Faysal Bank Limited (FABL) held its analyst briefing where the management discussed key highlights of CY20 result and shared the progress of the bank relating to conversion into an Islamic bank.

• During CY20, the bank posted net markup income of PKR24,543mn up by 16.2%YoY, non-markup income increased by 14.8%YoY.… Continue

The Minister for Zakat & Ushr KP, Mr Anwar Zeb Khan, officially launched the Mustahiq app on Tuesday, 13 April 2021, in Peshawar. The ceremony was convened by Zakat & Social Welfare Department KP. It was attended by Minister for Zakat & Ushr KP, Secretary Zakat & Social Welfare Department and Code For Pakistan representatives.… Continue

ILMA arranged a quality-centric session on Writing and Publishing Research Articles in Academic Journals. This research relevant webinar was led by Dr Jalal Rajeh Mohammad, Assistant Professor Skyline University, UAE, Senior Lecturer at DRB-HICOM University of Automative, Malaysia.

Dr Jalal provided a deep insight into the research article elements that needed to be critically analysed for the best results.… Continue

Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said for the first time in the history of country monthly exports and remittances have surpassed five billion dollars.… Continue

Great news for Huawei Fans! To celebrate the blessings of Ramadan, the global technology leader – Huawei is offering many high-valued free-gifts for its customers upon the purchase of some of their bestselling devices. The buyers of HUAWEI Nova 7i and the HUAWEI Y7a device will get four fascinating gifts absolutely FREE!… Continue

· Market inched up further at the brink of earnings season, with an increase of 241pts during the session and closing +103pts (unadjusted). Financial results of key companies are due in the coming week, which kept the interest alive although trading volumes remained thin.… Continue

BankIslami, one of Pakistan’s fastest growing Islamic finance institutions has partnered with TPL Life to offer a consolidated COVID-19 coverage plan for customers. The package is a complete Shariah compliant takaful plan for the entire family with up to PKR 30,000 initial benefits upon diagnosis and further Hospital Cash Assistance for each member under the only COVID Protection Shield available to individuals.… Continue

Engro Fertilizer Limited (EFERT) is scheduled to announce the financial result for 1QCY21 on 19th Apr’21, where we expect the company to post a profit after tax of PKR 5,433mn (EPS: PKR 4.07) vis-à-vis PKR 571mn (EPS: PKR 0.43) in 1QCY20, portraying a massive jump of 9.5x YoY.… Continue

During the 18th Huawei Global Analyst Summit attended by more than 400 guests of analysts, experts, key opinion leaders and media representatives from around the world, Eric Xu, Huawei’s Rotating Chairman, shared the company’s business performance in 2020 as well as five strategic initiatives moving forward.… Continue

FFBL will announce 1QCY21 financial results on April 16, 2021, we expect the company is likely to report a net profit of PKR1,143mn (EPS 0.89) as compared to the loss of PKR 3,084mn (LPS of PKR2.36/share in 1QCY20.

Sales revenue of the company is expected to up by 28%YoY to PKR12,192mn due to an increase in DAP off-take and Prices.… Continue

Team Jubilee Life recently won the Insurance Premier League (IPL) 2020-2021, held at the TMC Ground in Karachi. The final game was played between Jubilee Life Insurance and Salaam Takaful Ltd. A total of 11 teams of various insurance companies participated in the tournament.… Continue

· Market traded in a narrow range today between +136pts and -136pts, closing the session -46pts (unadjusted). Total traded volumes maintained a plateau with a general disinterest by investors disregarding the overnight increase in international crude oil prices and upcoming financial results due to be announced from April 20th.… Continue

President KATI Saleem-uz-Zaman presents a shield to Chairman Public Accounts Committee, Provincial Assembly of Sindh, Ghulam Qadir Chandio.

At the occasion Zubair Chhaya, Zaki Ahmed Sharif, Nighat Awan, Danish Khan, Syed Johar Ali Qandahari, Zahid Saeed and Razzaq Hashim Paracha are also present.… Continue