SmartNet forges fibre lease deal with one network, and Cybernet
SmartNet Private Limited, the technology arm of Capital Smart City and a key entity in the HRL Group of Companies, is pleased to announce a groundbreaking Fiber Lease Agreement in…
Pre-orders now open for OPPO A78
Brace yourselves as OPPO announces the much-anticipated launch of the OPPO A78 in Pakistan, promising a device that redefines smartphone excellence. With a sleek Ultra-Slim Retro Design, 67W SUPERVOOCTM Flash Charge,…
Power Cement exported cement to the UK
Power Cement, a leading name in the cement industry, marks a significant milestone as it successfully enters the European market by exporting its high-quality cement to the United Kingdom. This…
Experts expect PSX is likely to take correction and may end on a positive note in CY23.
Next week, the market may see a correction and end the year positively. Furthermore, upcoming elections hold pivotal significance, and their successful conclusion could further elevate investor confidence. We advise…
Society of Actuaries launches global access pilot program in Pakistan
The internationally-renowned Society of Actuaries (SOA), based out of the United States, has announced the launch of its SOA Global Access Pilot Program in Pakistan, aimed at improving the accessibility…
Pakistan Equities outperformed major asset classes in 2023
After lagging for the last few years, Pakistan Equities outperformed major asset classes in 2023. The benchmark KSE 100 Index provided a gain of 53% (Jan 01, 2023, till Dec…
Jobs, exports, and production are all harmed by power sector: Mian Zahid Hussain
Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that expensive electricity…
Majid Al Futtaim expands its investment in Pakistan to Rs 14 billion
Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Pakistan, announced the inauguration of two new Carrefour supermarkets in Lahore, as part of Majid Al Futtaim's vision…
MD, SSGC reiterates Company’s customer-centric approach
Imran Maniar, Managing Director, Sui Southern Gas Company has reiterated Company's commitment towards addressing the complaints and grievances of its customers in a swift manner, even though the utility is…
The second ‘Pathways to Development Conference’, held at LUMS
The second 'Pathways to Development Conference', held at LUMS from December 18 to 20, saw prominent academics, researchers, practitioners, and policymakers from within Pakistan, the Pakistani diaspora, as well as…
Inclusive, not forcefully enforced, ecosystem is Punjab Labor policy: Secretary
Muhammad Naeem Ghaus, Secretary Punjab Labor and Human Resource Development Department, has said that the Department is focusing on facilitating the employers and workers in implementing the over two dozen…
Zong 4G’s premium data roaming bundles for the UK!
Zong 4G, Pakistan's leading telecom operator, is pleased to offer a special data roaming bundle for the United Kingdom to ensure seamless and uninterrupted connectivity at affordable rates this Christmas.…
inDrive, hosted its first-ever “Champions of Karachi” event today
inDrive, the leading ride-hailing platform known for its unique rider-driven pricing model, hosted its first-ever "Champions of Karachi" event today, celebrating and rewarding the city's top drivers for their dedication…
Meezan Bank and the Pakistan Freelancers Association join hands to empower the country’s freelance community.
Meezan Bank, Pakistan's leading Islamic bank, has recently signed a Memorandum of Understanding (MoU) with Pakistan Freelancers Association (PAFLA) to extend specialized banking services to the freelance community. The MoU…
Pakistan’s cement industry saw a 48.28% growth in exports during 5MFY24
Pakistan's cement industry saw a 48.28 per cent growth in the export of cement/clinker during the first five months of FY23-24 (July-November 2023) to US$114 (2.93Mt) from US$76.87m (1.54Mt) in…
IoBM wins doubles badminton title at the HEC Intervarsity Championship.
The Institute of Business Management (IoBM) organized the HEC Interuniversity Zone-M Badminton Boys Championship 2023-24, from December 19 to December 21, 2023. The distinguished Chief Guest for the closing ceremony…
SI Global Solutions attains global accolades.
SI Global Solutions, a preeminent system integration and IT powerhouse in Pakistan, garnered distinguished recognition at the recent Lenovo UK Summit held in London. Standing out amidst a multitude of…
ICAP celebrates financial excellence with thrilling changes
In a grand spectacle of financial prowess, the Institute of Chartered Accountants of Pakistan (ICAP) concluded the National Finance Olympiad (NFO) 2023, setting a new benchmark for excitement and strategic…
JS Investments launches its fixed-term Munafa Fund.
JS Investments Limited, Pakistan's first private sector asset management company, announces the launch of its latest offering – the JS Fixed Term Munafa Fund. Designed to meet the diverse needs…
SBP’s reserves decreased by US$ 136 million
The total liquid foreign reserves held by the country stood at US$ 12,068.4 million as of 15-Dec-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Nighat Awan takes charge as acting President of KATI.
Nighat Awan, Senior Vice President of the Korangi Association of Trade and Industry (KATI), assumed the role of Acting President following the early retirement announcement of President Faraz-ur-Rehman. The appointment…
Sehat Kahani has successfully closed a $ 2.7 million Series-A funding round.
In a groundbreaking achievement for Pakistan's startup landscape, Sehat Kahani, a trailblazing female-led health-tech startup, has successfully closed a historic Series A 2.7 million dollars funding round. This landmark positions…
IT Exports Jumped 9% MoM in Nov 2023; Exports up 6% YoY in 5MFY24
Pakistan's Information Technology (IT) exports of US$259mn are up by 9% MoM in Nov-2023. IT exports in Nov 2023 are also higher than last 12 month average of US$222mn. As…
MCB Bank paid a historically high dividend in 9MCY23.
MCB held its conference call on December 20, 2023 whereby they discussed the banks' financials and its future outlook. The call was led by the CFO, Mr. Hammad Khalid. Brief…
Bank Alfalah launches Pakistan’s First Digital Payments Sales and Service
Bank Alfalah, one of the leading commercial and digital banks, inaugurated Pakistan's first Digital Payments Sales and Service Centers- digital payments hubs strategically positioned in the vibrant and bustling Badar…