· Market remained range-bound today due to concerns over monetary tightening and resuming of foreign selling spree. Technology sector remained in the limelight throughout the day as traders placed the bet…
Governor State Bank of Pakistan, Dr. Reza Baqir announced that banks have shown overwhelming response to an innovative financing scheme for collateral free lending to SMEs introduced by the State…
Carrefour, owned and operated by Majid Al Futtaim in Pakistan, is celebrating its 12th year anniversary in the country by giving its loyal customers the opportunity to win grand prizes. During the 14-day…
Pakistani Telecom Company, Ufone has secured its largest syndicated financing facility jointly led by MCB Bank Limited (MCB) (Agent bank), Allied Bank Limited (ABL), Bank of Punjab (BoP), National Bank…
Understand from the barge Heng Tong 77 in Pakistan that the barge has sailed from Karachi port today. The barge owner has paid all dues of Karachi Port and other…
Pakistan received almost 500,000 additional doses of COVID-19 Vaccine AstraZeneca in October through donations from Sweden, Norway and Switzerland, to help boost the vaccination program. This brings the total number…
Pakistan's leading e-Commerce platform, Daraz, is gearing up for its biggest 11.11 sale ever with huge discounts across multiple categories supported by the platform, sellers, brands, and bank partners. Daraz will bring…
According to provisional fertilizer offtake data for Oct'21, urea offtake climbed by 23% YoY to 506k tons vis-à-vis 413k tons in SPLY. Offtakes of FFC and FFBL (combined) and FATIMA…
FFBL held a corporate briefing session to discuss the 3QCY21 financial result and future outlook today. Highlights: · To recall, the company posted an earnings of PKR 2,275mn (EPS: PKR…
Arts Council of Pakistan Karachi and Nagar Students Federation jointly organized a prestigious event to celebrate the independence of Gilgit-Baltistan at the Arts Council Open Air Auditorium. Senior political leaders…
President Korangi Association of Trade and Industry (KATI) Salman Aslam thanked the Prime Minister for maintaining the prices of petroleum products. He said that this move of the government would…
Savyour, Pakistan's first cashback app, has partnered with leading food and grocery delivery platform, foodpanda to allow their users across Pakistan to save money in the form of cashback from…
Shell Pakistan Limited has collaborated with TPL Trakker Limited to launch Shell Telematics, an all-in-one fleet management solution for corporate customers, a first of its kind in Pakistan. Through this…
Under the umbrella of its "GO Nursery Project" Initiative, Gas & Oil Pakistan Ltd. (GO) has planted more than 100,000 sapling trees at its retail outlets, depots as well as…
Oath Taking Ceremony of newly elected President for 2021-23 of The Okhai Memon Jamat "Aziz Ahmed Kath" took place on 1st November 2021 at Husainabad Family Park. Aziz Ahmed Kath…
· Market opened on a positive note due to strengthening Pak Rupee and down-turn of commodities price cycle. Institutional investors buying was witnessed in the Cyclicals (Cement and Steel) sector.…
The corporate tax rate for banks is 35 per cent or 6pc higher than 29pc for non-banking businesses in Pakistan. Besides, capital gains and dividend income streams for banks are…
Trellis Housing Finance Limited (Trellis), an SECP licensed Housing Finance Company based in Karachi, has raised an investment round led by local and international investors including Fatima Gobi Ventures, Insitor…
Nestlé Pakistan has become a member of United Nations-backed Race to Zero, a global campaign that aims to rally leadership and support from a whole-of-society actors in order to ensure…
As part of its Corporate Social Responsibility Programme, Pakistan Petroleum Limited (PPL) has launched a country-wide Covid- 19 mass vaccination drive in partnership with three reputable non-governmental organizations (NGOs). This…
The Karachi Port Trust handled 134,131 tons of cargo comprising 77,392 Tones of import cargo and 56,739 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
As consumer demand for buy now, pay later (BNPL) solutions continues to grow, Visa (NYSE: V) today announced a growing list of issuers, acquirers and fintechs that are leveraging Visa's…
Pakistan's connectivity and digital services frontrunner, Zong 4G, has launched its 20 MHz LTE services in Azad Jammu & Kashmir, achieving exceptional results in user speed and traffic. Zong's LTE…
Pakistan's leading e-Commerce platform, Daraz, is gearing up for its biggest 11.11 sale ever with huge discounts across multiple categories supported by the platform, sellers, brands, and bank partners. Daraz…
Sarsabz Fertilizer hosted a special awards ceremony at a local hotel in Bhurban on Thursday, October 28, 2021, as part of its loyalty program 'Sarsabz Royals', to reward and recognize…
