We revise our OMC Universe estimates while maintaining a Buy rating. Our revised EPS estimates for PSO and APL in FY24f/FY25f are PKR106.14/98.91 and PKR109.52/95.61, Jun'24 revised TPs are PKR281…
Fauji Cement Company Limited (FCCL) has successfully commissioned its Greenfield Cement Manufacturing Plant, which has a production capacity of 6,500tpd of clinker at Shadan Lund, District Dera Ghazi Khan, south-western…
Daraz, the leading e-commerce platform in South Asia, has concluded its highly anticipated 11.11 Biggest Sale of the Year, with over 34 million users across Pakistan visiting Daraz and female sellers experiencing an…
The total liquid foreign reserves held by the country stood at US$ 12,392.8 million as of 24-Nov-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
To closely monitor and evaluate the progress of development initiatives in Gwadar, Capt. (R) Shahid Ashraf Tarar, the Federal Minister of Maritime Affairs, Communication & Railway, undertook a comprehensive two-day…
OGDC held its analyst briefing today to brief investors about FY23 results and future outlook: Bettani was a significant milestone during the year, with the well yielding 880bpd/12.5mmcfd of oil/gas,…
InfraZamin Pakistan, a licensed NBFI and credit guarantee provider, in partnership with Kashf Foundation, a not for profit and licensed microfinance institution, are proud to announce the closing of South Asia's and Pakistan's…
The industrialists of Karachi declared a shutdown of all industries on Monday, December 4, demanding that the approved gas rates of 1350 rupees per MMBTU (Million British Thermal Units) by…
Zong 4G, Pakistan's leading telecommunications provider, has crafted a one-stop international roaming solution exclusively for nine Continental Asian countries. This comprehensive offering empowers Zong 4G users to connect seamlessly across…
Strategic partnership between Visa and Zindigi-Powered by JS Bank aims to promote financial inclusion and digital transformation, and will facilitate digital payments across merchant network in Pakistan.Zindigi powered by JS…
SNGPL has laid 42.31 KMs Transmission Lines recently. In addition to Transmission Lines, 195.131 KMs of Distribution mains were laid during the third quarter, which ended on March 31, 2023,…
RSA Cold Chain has signed a lease agreement with DP World to develop a new state-of-the-art cold chain facility at the flagship trade and logistics hub of Jebel Ali. RSA…
Bolstering diplomatic and trade relations, the United Arab Emirates Consul General in Karachi, Bakhit Atiq Al-Rumiti, assured Pakistan of unwavering support during challenging times. Al-Rumiti emphasized that, just as Pakistan…
BankIslami Pakistan Limited is proud to announce the inauguration of the Tarjuman call. This groundbreaking initiative, spearheaded by the HR and Phone Banking department, aims to provide unparalleled support and…
Sui Southern Gas Company once again won the 68TH National Track Cycling Championship organized by Pakistan Cycling Federation in Lahore. While doing so, its cyclists set new national records as…
The Saudi Fund for Development (SFD), on behalf of the Kingdom of Saudi Arabia, has extended the term for the deposit of USD 3 billion, maturing on 05 December 2023,…
The Chief Executive Officer of VEON Group, Kaan Terzioglu, accompanied by VEON Group Director of Corporate Affairs, Marine Babayan, and CEO of Jazz, Aamir Ibrahim, met with Federal Minister for…
To meet the structural benchmark under the IMF Stand By Agreement (SBA), the National Accounts Committee (NAC) approved annual estimates of GDP for the years FY22 (final), FY23 (revised) and…
By Umair Azam, Founder and CEO, Integration Xperts Pakistani businesses strive to embrace digital transformation and provide exceptional customer experiences in today's rapidly evolving global landscape. They face a common…
Zong 4G, Pakistan's leading telecommunications company, has launched a suite of new features on its My Zong App (MZA), further enriching the user experience and providing unparalleled convenience to its…
National Electric Power Regulatory Authority (NEPRA) today heard K-Electric's petition for grant of non-exclusive distribution license and supplier license for the next 20 years to its service territory including Karachi,…
Atlas Honda, the leading motorcycle manufacturer in the country, celebrated its 60th year of operations in Pakistan. The joint venture between Atlas Group and Honda Motor Company has been at…
In its latest Business Confidence Index Survey (BCI) – Wave 24, the Overseas Investors Chamber of Commerce and Industry (OICCI) unveiled a promising upswing in Pakistan's business confidence. Conducted from…
TELE held its analyst briefing session today to discuss its FY23 performance. A brief from the session is provided below: To benefit from the immense growth potential in the MENA…
Unity Foods Ltd (UNITY) held its corporate briefing session to brief investors about FY23 results and shed light on the future outlook. The AKD Research has reported it well. The…
