inDrive, the global ride-hailing platform, proudly announces the launch of its first electric vehicle (EV) fleet in Pakistan. In partnership with EZ Bike, inDrive has also introduced an EV charging…
Pakistan Telecommunication Company Limited (PTCL) has forged a strategic partnership with Systems Limited, a leading global SI company, at GITEX 2024 Dubai to achieve technological enhancements through Systems Limited’s cutting-edge…
Mr. Atif Ikram Sheikh, President of FPCCI, has informed that, in a landmark development, FPCCI and the China Council for the Promotion of International Trade (CCPIT) have formed an alliance…
APTMA calls upon the Monetary Policy Committee (MPC) to reduce interest rates by at least 400 basis points during its meeting on November 4th, 2024. In the current economic climate,…
The Overseas Investors Chamber of Commerce and Industry (OICCI) organized a unique event, the "Dining in the Dark Experience," in collaboration with Khaas Foodz Kitchen (KFK) on Thursday. This initiative…
Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKAATI), stated that to promote trade activities in the country and successfully compete with China and Bangladesh…
Korangi Association of Trade and Industry (KATI) President Junaid Naqi has demanded from the State Bank and the government that the Central Bank immediately announce a reduction in interest rates…
Pakistan State Oil (PSO), the nation's leading energy company, successfully convened its 48th Annual General Meeting (AGM) in Karachi. The meeting was chaired by the Chairman of the board of…
Kot Addu Power Company Limited (KAPCO) conducted its analyst briefing earlier today to present investors with updates on their FY24 results and offer insights into the future outlook: KAPCO is…
The total liquid foreign reserves held by the country stood at US$ 16,017.1 million as of 18-Oct-2024. The break-up of the foreign reserves position is as follows: Foreign reserves held…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Thursday that the twenty-sixth constitutional amendment would make the judicial system more active,…
OGDCL informed PSX today that, in addition to our disclosure on August 30, 2024, regarding the gas condensate discovery at Baloch-2 in the Sembar formation, the company has announced that…
“The MAP’s Corporate Excellence Awards have set a benchmark for recognizing organizations that strive to achieve higher governance standards, ethical business practices and sustained growth.” This was stated by the…
Through an SRO issued yesterday, the Government of Pakistan (GoP) has increased the sales tax (GST) rate on tractors to 14% from 10% earlier. This increase applies to local and…
The Small and Medium Enterprises Development Authority (SMEDA), under its awareness program on Industry 4.0, conducted a highly successful Industry 4.0 training session for the apparel and textile sector at…
Mr. Atif Ikram Sheikh, President FPCCI, has apprised that Mr. Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), has agreed, in an exclusive, candid and detailed meeting,…
TikTok, in collaboration with the Pakistan Telecommunication Authority (PTA), has announced the launch of the #DigitalHifazat Contest, an initiative aimed at raising digital safety awareness among the youth across Pakistan.…
The Global Shari’ah Majlis, a highly anticipated event in the Islamic finance industry, was held on Wednesday, 23 October 2024. Hosted as a hybrid event, this prestigious gathering brought together…
MCB Bank Limited (MCB) has announced its financial results for the nine-month period ended September 30, 2024, reflecting a strong performance across all key areas. The Board of Directors of…
On World Food Day, the TRANSFORM Pakistan campaign partners, including Pakistan Youth Change Advocates (PYCA), the Ministry of National Health Services, Regulation & Coordination, the Global Health Advocacy Incubator (GHAI),…
Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has called on the government to temporarily abolish the import duty on palm oil to relieve consumers. He warned…
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for Quarter 3, 2024. Effective July 1, 2024, an 18% sales tax was imposed on the sale of UHT milk, which was…
The Hub Power Company Limited (HUBC) will announce its 1QFY25 financial result on 30th Oct’24. The company is expected to post a profit after tax of PKR 19.3bn (EPS: PKR…
Worldcall Telecom Ltd. (WTL) held its analyst briefing yesterday to discuss CY23 and 1HCY24 results and its future outlook. The following are the key highlights: To recall, the company posted…
United Bank (UBL) announced its 3Q2024 result today. The bank recorded its highest-ever quarterly earnings of Rs18.3bn (EPS of Rs14.96), up 24% year over year and quarter over quarter. The…