SBP reserves decreased by US$ 76 million
The total liquid foreign reserves held by the country stood at US$ 16,052.1 million as of 24-Jan-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
New conditions under FBR notification 55(i) make ST returns filing impossible for small businesses: Bilwani
President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has said that the recent requirement to file monthly stock statements, consumption data, and complex purchase, sales, and stock…
Arif Balgamwala Meets Chinese Envoy, Discusses Trade Collaborations
H.E Yang Yundong, Consul General of the People’s Republic of China, expressed satisfaction with the diplomatic and economic relations between China and Pakistan and emphasized the need to accelerate bilateral…
FPCCI hosts Pakistan-UAE Business Council meeting to boost bilateral trade
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) convened a pivotal Pakistan-UAE Business Council (PUAEBC) meeting at the Federation House in Karachi. The session, which aimed at fortifying…
Bank Alfalah announces its results for 2024
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on January 30, 2025, approved the Bank’s financial results for the year ended December 31, 2024. The…
Zong 4G and Waste Hero Champion sustainability empowering communities through Green Innovatio
Zong 4G, Pakistan’s leading connectivity provider, partnered with Waste Hero to organize impactful activities focused on waste management and eco-friendly practices. This collaboration underscores Zong 4G's commitment to environmental sustainability…
StormFiber Expands to Chitral: Empowering Pakistan’s Digital Future
StormFiber, powered by Cybernet, has officially launched its services in Chitral, marking a significant milestone as its 25th city in Pakistan. This expansion underscores the company’s commitment to bridging the…
Next two years are crucial for Pakistan in expanding its presence in Saudi Arabia: Envoy
Pakistan’s Ambassador to Saudi Arabia, Ahmad Farooq, while highlighting the massive transformation in Saudi Arabia under Vision 2030 focused on diversifying the economy beyond oil, emphasized that the next one…
Sustainable Tourism Forum to Boost Pakistan’s Tourism Industry – Atif Ikram, President-FPCCI
A two-day Sustainable Tourism Forum, jointly organized by the Islamic Chamber of Commerce and Industry (ICCI), the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), and the Pakistan Tourism…
Visa hosts successful inaugural client- Focused Event in Pakistan
Visa (NYSE: V), a world leader in digital payments, hosted its inaugural market-focused client event - Visa Connect Karachi - last week. Attended by more than 200 participants, including senior…
Nestlé Pakistan wins top Climate Champion Award at the 1st OICCI Climate Excellence Awards
Nestlé Pakistan’s efforts towards climate action, sustainability, renewable energy and regenerative agriculture were recognised at the 1st OICCI Climate Excellence Awards, which won the top Climate Champion Award, held during…
FFC posts consolidated profitability of Rs 85.5 billion in CY24
Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ended December 31, 2024, in its Board of Directors meeting held on January 29, 2025. According to…
CDC Share Registrar launches Industry-First WhatsApp E-Voting Solution
CDC Share Registrar Services Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited, proudly announces the launch of its latest innovation: E-Voting through WhatsApp. This revolutionary feature…
Discover Dubai: 25 Reasons to visit Dubai in 2025
Dubai is a destination that never stops reinventing itself. With a blend of luxury, adventure, culture, and innovation, it’s no wonder it tops travel bucket lists. Here’s why you should…
Dubai ranks as the world’s cleanest city in the Global Power City Index
Dubai has once again secured the top position globally for city cleanliness, according to the latest Global Power City Index (GPCI) report issued by the Institute for Urban Strategies at…
DAO PropTech launches real-world asset tokenization platform
DAO PropTech has officially launched at FutureFest 2025, introducing Pakistan’s first real-world asset tokenization platform. By converting properties into smaller, affordable investment units, the platform removes traditional barriers like high…
Chinese Company to invest $340 million in manufacturing and charging plants in Pakistan
Good news for the Pakistani economy: A Chinese group will invest $340 million in manufacturing electric vehicles and charging plants in Pakistan. Sindh’s Energy Minister, Syed Nasir Hussain Shah, stated…
Spotify’s $10 billion milestone and a decade of getting the World to Value Music
In 2014, the music industry reached a low point when global recorded music revenues hit $13 billion. Spotify’s annual contribution at the time was around $1 billion, with around 15…
FFC’s Sona Centers and FMC join hands to drive farmer prosperity
In a landmark collaboration, Sona Centers, the flagship retail outlet chain of Fauji Fertilizer Company (FFC), and FMC, a global leader in agricultural solutions, have announced a strategic partnership to…
Engro Holdings (ENGROH) – Divestment of Engro Eximp Agriproducts
In a notice to exchange, Engro Holdings (ENGROH) informed that Engro Corporation has entered into a Share Purchase Agreement (“SPA”) to sell Engro Eximp Agriproducts (Private) Limited (EEAP). The company's…
International Steels posts mixed results: IMS Research
ISL reported a 2QFY25 NPAT of PKR355mn (EPS: PKR0.82), doubling QoQ but a sharp 71% YoY decline. Cumulative NPAT for 1HFY25 plummeted to PKR534mn (EPS: PKR1.23), down 77% YoY. The…
ADB team visited the Port Qasim on port-rail connectivity project
A team of consultants from the Asian Development Bank (ADB) visited the Port Qasim Authority (PQA) today as part of their study on Port-Rail Connectivity. During the visit, the PQA…
PQAMC-Rated AM2 with stable outlook by PACRA
Pak-Qatar Asset Management Company Limited (PQAMC)-Rated AM2 with stable outlook by PACRA, Pakistan’s emerging dedicated Islamic Asset Management Company and part of Pak-Qatar Group, Pakistan’s premier and pioneer Islamic financial…
Transforming Child Health: How community incentives drive breakthroughs in Pakistan
A groundbreaking study published in The Lancet Global Health reveals how community-driven incentives can greatly improve child health outcomes in rural Pakistan. The Community Mobilization and Community Incentivization- (CoMIC) trial,…
OICCI hosts 3rd Pakistan Climate Conference to address urgent climate challenges
The third Pakistan Climate Conference, organized by the Overseas Investors Chamber of Commerce and Industry (OICCI), began today at the Mövenpick Hotel in Karachi. The two-day event brings together policymakers,…
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