The year 2020 has changed our relationship with money. People now trust robots more than themselves to manage their finances, according to a new study by Oracle and personal finance…

Pakistan Telecommunication Company Limited (PTCL), the country's leading telecom and ICT services provider, has announced its financial results for the year ended December 31, 2020 at its Board of Directors' meeting held in…

The board meeting of Indus Motor Company Limited (INDU) is scheduled on 25th Feb'21, to announce the financial result for 2QFY21. The experts expect profitability during 1HFY21 to increase significantly…

Indus Motor Company (IMC) has been recognized by The Professionals Network (TPN), Pakistan for its exceptional contribution towards social development, bagging awards in four categories at the 10th Annual International…

The Universal Service Fund (USF) awarded contract worth approximately PKR 1.37 Billion to Telenor for providing High Speed Mobile Broadband services in Chitral, Upper Dir and Lower Dir districts of…

Pakistan's leading e-ticketing platform with over 4.6 million customers in the transportation and entertainment industries, Bookme.pk has been appointed ticketing partners for the HBL Pakistan Super League 6 which commences…

Greenstar Social Marketing (GSM) has successfully completed another valuable, but free-of-cost, training programme in the city of Larkana, Sindh, where 75 healthcare providers belonging to the city and its surrounding…

The Board of Directors of MCB Bank Limited (MCB) met under the Chairmanship of Mian Mohammad Mansha, on February 10, 2021 to review the performance of the Bank and approve…

· Anticipation of better quarterly results as well as continued bull run in international crude oil prices boosted investor confidence to take new positions in O&GMCs, E&P and Refinery sectors.…

International Epilepsy Day, a global event celebrated annually on the second Monday in February, to promote awareness of Epilepsy worldwide was celebrated here earlier today by National Epilepsy Centre. Held…

Administrator Karachi Laeeq Ahmed has assured the business community for any possible support for betterment and welfare of the city while addressing a meeting arranged by Korangi Association of Trade…

We raise estimates for our E&P Universe, on the back of higher oil prices, which we now assume at US$50/60/60 per barrel for FY21/22/23f. Our EPS estimates have thus risen…

Fauji Fertilizer Company Limited (FFC) recently held its analyst briefing session discussing CY20 results and business outlook. To recall, the company recorded 22% YoY increase in profitability to PKR 20.8Bn…

Total deposits of scheduled banks reached PKR 17,086bn as compared to PKR 14,672bn recorded during last year same period, marking an increase of 16.4% YoY. However, on a monthly basis,…

FCEPL has posted a Net Loss after tax of PKR145mn for 4QCY20 (LPS: PKR0.19), mirroring LPS of PKR0.19 in 4QCY19. This takes CY20 NPAT to PKR177mn (EPS: PKR0.23) an improvement…

Building on the partnership announced in Pakistan in 2020, SadaPay and Mastercard are issuing the Middle East & Africa (MEA) region's first numberless and contactless enabled card, allowing users to…

RINSTRA and WALEE join hands to create entrepreneurship monetization opportunities for the youth by generating a US$ 150 million creative economy in the next 5 years through 'Jobs of Tomorrow.'…

ASTL reported earnings of PKR 1.05/sh in 2QFY20 (↑2.8x QoQ), taking 1HFY21 earnings to PKR 1.42/sh. The boost in earnings can mainly be attributed to higher local prices, volumetric growth…

District Governor 3271 Prof Dr Farhan Essa Abdullah and Rotary Club Karachi New Central held a grand fellowship event at Karachi Race Course, Malir earlier today. Commemorating Kashmir Day which…

DP World Limited handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 4Q2020, with gross container volumes increasing by 7.6% year-on-year on a reported…

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 Monday suggested steps to…

Ilma University made its mark again by organizing an out of the box workshop of Documentary Making. Faculty of Media & Design took this initiative to invite an award-winning filmmaker…

· Market saw selling pressure at the beginning of the week, which was also observed in the last trading session when Index crossed 47K level. Profit booking was observed across…

Imran Maniar becomes managing director of Sui Southern Gas Company (SSGC). Hi is an accomplished professional with more than 30 years of strong track record in building, leading and advising…

President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra, while expressing deep concerns over the sudden stoppage of payments by National Saving Center (NSC), urged the government to…