Power generation declined by 17.4% YoY to arrive at 13,179 GWh (17,714 MW) during Aug'24, compared to 15,959 GWh (21,450MW) during SPLY. Moreover, on a MoM basis, power generation witnessed…
In a pioneering move towards sustainability, Jubilee Life Insurance, Pakistan’s largest private sector insurance company, has partnered with Spectreco to spearhead its transition to Net Zero. This step sets a…
Pakistan Telecommunication Company Limited (PTCL) and Hamdard University, a part of Hamdard Foundation, have entered a strategic partnership to provide managed ICT and mobility solutions for faculty and students. In…
Sazgar Engineering Works Limited (SAZEW) announced its financial result for FY24 today, posting a PAT of PKR 7,936mn (EPS: PKR 131.29) compared to PKR 995mn (EPS: PKR 16.46) in SPLY,…
The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid…
Oil & Gas Development Company Limited (OGDC) announced its financial result today, posting earnings of PKR 208,976mn (EPS: PKR 48.59) during FY24, down by 7% YoY. On a quarterly basis,…
Pak-Qatar Family Takaful Limited (PQFTL), a leading and pioneer provider of Family Takaful solutions in Pakistan and part of Pak-Qatar Group, has been assigned the Asset Manager rating of AM2…
TikTok has announced its role as the Entertainment Partner for the inaugural season of Shark Tank Pakistan, acquired by Grenlit Studio. This partnership marks a milestone in TikTok’s mission to…
September 2024 inflation is expected at 7.9% YoY vs. August 2024 inflation of 9.6%. M/M inflation is expected to be around 0.3%, at the same pace as last year. We expect…
Badiuddin Akber, CEO-Central Depository Company of Pakistan Limited, has been elected as the Chairman of the Executive Committee of Asia-Pacific Central Securities Depositories Group (ACG) for the three-year term of…
A team of scientists from the National Textile University successfully extracted fibre from banana bark. It made it usable for the textile industry, opening up new possibilities for Pakistan's troubled…
Infinix, a leading smartphone brand in Pakistan known for empowering youth with innovative technology, is pleased to introduce its latest addition to the product range, the Infinix ZERO 40. Built…
The U.S. Mission to Pakistan and its partner Urban Word hosted a showcase at the Alhamra Arts Center to celebrate the first-ever Pakistan Youth Poet Laureate program. Out of 19 finalists,…
The Businessmen Group (BMG) won in the Karachi Chamber’s Elections 2024-26. All 30 BMG candidates secured the highest number of votes, 92,954, whereas the candidates from the Businessmen Alliance (BMA)…
The KSE-100 index experienced a bullish week, driven by anticipation of USD 7bn approval from the IMF Executive Board, for which a meeting is scheduled for Sep’25. Moreover, the 50bps…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Sunday that the performance of the export sector is disappointing. He said that…
The Organic Meat Company Limited announced the successful completion of Expansion Phase 2 of its operations. This phase adds a capacity of 300 Metric Tons (MT) per month to produce frozen…
MUGHAL announced its 4QFY24 recently, where the company recorded an unconsolidated profit of Rs608mn (EPS of Rs1.81), a 27% decline year over year. The result came in-line with expectations in…
The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, the President of Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian…
The 2024 All China Leather Exhibition (ACLE) was successfully held at Shanghai New International Expo Center on September 3-5, 2024. Covering 8 halls in the Expo Centre, the exhibition occupied…
Inorder to strengthen humanitarian support in Pakistan, The Chief Commissioner Afghan Refugees (CCAR) and the International Rescue Committee (IRC) Pakistan have formally signed a Memorandum of Understanding (MOU) to solidify…
As part of its commitment to environmental sustainability, Jazz, Pakistan’s leading digital operator, they organized a beach cleanup at Clifton Beach, Karachi, on World Cleanup Day. The initiative, aligned with…
Nazli Abid Nisar, Founder President of KWCCI Malir, along with Hina Mansab Khan, Chairperson of SAARC Women Chamber, presents the crest to Yousuf Baloch, Parliamentary Secretary for Environment, Youth, and…
An agreement has been reached between the Chinese investment company ADM Group and two local companies, Malik Enterprises and Indus Valley, to provide electric vehicle infrastructure. The contract for installing…
HID®, a worldwide leader in trusted identity solutions, today announced the launch of the next-generation FARGO® HDP5000e, designed to deliver vibrant, high-definition cards and IDs across Pakistan. HID's Isaac Young, VP…