inDrive, a global leader in mobility and urban services, has launched a transformative road safety and beautification initiative in Karachi to promote road safety awareness while enhancing the city’s visual…
AMBASSADOR BLOME: Ahsan Iqbal, Minister for Planning, Development, and Reform; Dr Iqrar Khan; Distinguished Guests; Ladies and Gentlemen. Thank you for joining us in celebrating the rich and longstanding partnership…
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,…
LOADS Ltd. (LOADS) held its corporate briefing today to discuss its FY24 financial results and future outlook. The following are the key highlights: The company posted a topline of PkR4.4bn…
Pakistan recorded monthly IT exports of US$330mn, up 39% YoY and 13% MoM in October 2024. These monthly IT exports in October 2024 are higher than the last 12-month average of…
Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh, participated in the Global Maritime Trade Summit organized by the International Chamber of Shipping. Expressing his gratitude for the invitation, the Federal…
Organic Meat Company Limited (TOMCL) has announced a Right Issue of 30mn shares at PKR 27/—per share (inclusive of PKR 17/—premium), raising PKR 810mn to fund strategic initiatives. The Right…
Fueled by economic stability and fiscal consolidation, Pakistan Stock Market (PSX) is set to touch 127k by Dec 2025, suggesting a return of 37%, including a dividend yield of 10%.…
Mr. Atif Ikram Sheikh, President of FPCCI, has apprised that Mr. Abdul Ali Khan, Director General of Explosives, has visited FPCCI Head Office and met with the representatives of chemical…
Ayla Majid, the CEO of a Pakistan-based firm that advises on decarbonisation, sustainability, and energy transition, has been elected president of the leading global accountancy body, ACCA (the Association of…
Ilyas Ahmad Bilour, former president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), chairman of the Pakistan Business Forum, a senior leader of the United Business Group…
Scott McDonald, Chief Executive of the British Council, has wrapped up his visit to Pakistan, which took place from 11 to 15 November. This visit marks a significant occasion as…
Thar Foundation (TF), the CSR wing of Thar Block II entities, and Sindh Integrated Emergency & Health Services (SIEHS) have signed a Memorandum of Understanding (MoU) to enhance healthcare and…
NFDC reported October 2024 urea offtake at 358,000 MT, down 22% YoY from 459,000 MT SPLY. While offtakes declined, production increased by 10% YoY, leading to the highest inventory buildup…
Barrister Haya Emaan Zahid, Chief Executive Officer of the Legal Aid Society (LAS), has been recognized at the prestigious PILNET 2024 Global Awards in Bangkok, Thailand, where she was bestowed with the Global…
CEO of Al-Ghazi Tractors Limited (AGTL), Sakib Eltaff, inaugurated the Pakistan Agro Show 2024 at the International Expo Center, Lahore, today. The ceremonial opening marks the commencement of one of…
The exhibition Paperworld & Gifts and Lifestyle Middle East 2024, held at the Dubai World Trade Centre, concluded successfully, marking another achievement in the series of highly successful events. Pakistan’s…
The State Bank of Pakistan has suspended the authorization of an Exchange Company, M/s Islamabad Exchange Company (Pvt.) Limited, with immediate effect until further orders are issued regarding violations of…
Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has urgently called on the government to establish a comprehensive edible oil policy. Highlighting the country’s heavy reliance on…
Pakistan Petroleum Limited (PPL), the Shah Bandar Block operator in District Sujawal, Sindh, has reported the discovery of Pateji X-1 with estimated production flows of 11.7mmcfd gas and 198bpd condensate.…
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Friday that measures should be taken to save the country…
Hutchison Ports Pakistan has launched the fourth year of its "Go Green" tree plantation campaign, with a goal of planting 100,000 mangrove saplings in Sonmiani. This campaign, initiated in 2021…
Millat Tractors Ltd. (MTL) held its corporate briefing today to discuss its FY24 financial results and future outlook. The following are the key highlights as reported by AKD Research: The…
Fauji Foods Limited Ltd. (FFL) conducted its analyst briefing today to brief investors about 9MCY24 results and shed light on the future outlook: In 9MCY24, the company reported net revenue…
Payoneer (NASDAQ: PAYO), a global fintech leader empowering small and medium-sized businesses (SMBs) to expand globally, has reported its highest-ever Q3 revenue, reaching $248 million—a 25% increase year-over-year. With growth…