The Hub Power Company resumes dividends with a PKR 5 payout
The Hub Power Company Ltd (HUBC) announced its financial results for 1HFY25 today, reporting a profit of PKR 23.3bn (EPS: PKR 17.99), down by 28% YoY, compared to PKR 32.4bn…
IPAK Group Records 61% Growth in its Revenues!
International Packaging Films Limited (IPAK) Group recorded a 61% increase in its revenues for the six months ending December 31, 2024. The current consolidated revenue of the group stands at…
Dun & Bradstreet deepens synergy with business community at networking round table
Dun & Bradstreet Pakistan organized a networking session in February 2025 to hold an interactive discussion with business leaders nationwide. The event aimed to share knowledge and identify gaps in…
Prime Minister’s visit to Azerbaijan set to strengthen bilateral ties, UBG
The visit of the Prime Minister to Baku, Azerbaijan, is expected to usher in a new era of cooperation between the two brotherly countries, which are active members of the…
CM Sindh Syed Murad Ali Shah inaugurated the Pakistan Literature Festival 2025 Sukkur Chapter II
The two-day "Pakistan Literature Festival 2025 Sukkur Chapter II," organized by the Arts Council of Pakistan Karachi, was inaugurated at the Football Ground of Sukkur IBA University. Sindh Chief Minister…
Governor SBP urges banks to harness technology amid climate-resilient financing
Governor of the State Bank of Pakistan, Mr. Jameel Ahmad reiterated the need to significantly increase financial deepening in the country, adding that no country can achieve sustainable economic growth…
Electricity is expensive because of the thievery of the elite
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Tuesday that the main reason for the expensive electricity and…
MARI – Discovery of Spinwam-1 in Waziristan Block
Mari Energies Ltd (MARI), the operator of Waziristan Block, has discovered hydrocarbons in the exploratory well i.e. Spinwam-1, having a flow rate of 12.96mmcfd/20bpd of gas and oil, respectively. This…
SITE Association slams Sindh Government over unregulated trailers
A devastating accident on the ICI Bridge claimed the lives of a well-known industrialist and his son when their car was struck by a speeding trailer. The tragic incident has sparked…
Diplomats briefed on economy & trade at FPCCI
Mr Atif Ikram Sheikh, President of FPCCI, has informed that many foreign visiting diplomats have been briefed on the macroeconomy, improving economic indicators, potential sectors of cooperation, trade agreements, and…
Sazgar Engineering Works’s earnings clocked in at PKR 39.8/share in 2QFY25
Sazgar Engineering Works Limited (SAZEW) announced its financial result for 1HFY25 today whereby the company posted a Profit After Tax (PAT) of PKR 6,625mn (EPS: PKR 109.60), increasing by 4.7x…
Pakistan Literature Festival 2025 Sukkur Chapter II” will start on Feb 25 at Sukkur IBA University
The Arts Council of Pakistan Karachi's "Pakistan Literature Festival 2025 Sukkur Chapter II" will start on Feb 25 at Sukkur IBA University. Sindh Chief Minister Syed Murad Ali Shah will…
PQFTL launched first lifetime guaranteed pension plan accessible to all Pakistanis
Pak-Qatar Family Takaful Limited (PQFTL), a leading provider of Family Takaful solutions and part of Pak-Qatar Group, the country's premier and pioneer Islamic financial services group, has written history by…
SHC enforces section 99D on commercial banks
SHC enforces section 99D on commercial banks Sindh High Court (SHC) has dismissed petitions filed by commercial banks challenging the legality of the windfall tax, meaning Section 99D and SRO1588(I)/2023…
Mohmand Dam is scheduled for completion in 2026-27
Following the diversion of the River Swat in August last year, construction work on all key sites of Mohmand Dam is progressing well. The project is expected to be completed…
EFP and PBDN honor employers championing disability inclusion
In a powerful testament to the corporate sector’s commitment to inclusivity, the Employers’ Federation of Pakistan (EFP) and the Pakistan Business and Disability Network (PBDN) successfully hosted the 2nd Disability…
State Bank of Pakistan hosts 16th SAARCFINANCE Seminar
The State Bank of Pakistan (SBP) successfully organized the 16th SAARCFINANCE Seminar, titled “Challenges and Opportunities in the Capacity Building of Central Banks and the Financial Industry: Lessons for SAARC Countries.” held…
SBP has granted permission to Wemsol Private Limited to commence commercial operations
The SBP has granted M/s Wemsol Private Limited a license to commence commercial operations as an Electronic Money Institution (EMI). Under the license, the EMI shall offer consumers and merchants…
SGS secures unprecedented fourth contract for PVoC services with Tanzania Bureau of Standards
SGS, the world’s leading testing, inspection and certification company, is pleased to announce it has signed an unprecedented fourth consecutive contract with the Tanzania Bureau of Standards to provide pre-verification…
inDrive, brought the fusion of cricket, culture, and art to the forefront
The world’s second-most downloaded app, inDrive, brought the fusion of cricket, culture, and art to the forefront. As the excitement for the ICC Champions Trophy peaked, inDrive unveiled a spectacular…
Pakistan’s debt has topped Rs 88,000 billion: Mian Zahid Hussain
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
EFP and PBDN honor employers championing disability inclusion
In a powerful testament to the corporate sector’s commitment to inclusivity, the Employers’ Federation of Pakistan (EFP) and the Pakistan Business and Disability Network (PBDN) successfully hosted the 2nd Disability…
Livoltek shines at Solar Pakistan Expo 2025
Livoltek, a global leader in smart solar energy solutions, proudly concluded its participation in the Solar Pakistan Expo 2025, held from February 21 to 23 at the Expo Center Lahore.…
itel Energy showcased innovative solar solutions at Pakistan Sustainability Week 2025
Itel Energy, a pioneering solar energy solutions provider, is proud to announce its participation as a Gold Sponsor at Pakistan Sustainability Week 2025, which occurred at the Expo Center Lahore…
Faysal Bank partners with Special Olympics Pakistan for the 1st Faysal Bank Unified Marathon 2025
Faysal Bank Limited (FBL), one of Pakistan's leading Islamic banks, in partnership with Special Olympics Pakistan (SOP), hosts the ‘1st Faysal Bank SOP Unified Marathon 2025’ for the first time…
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