The water crisis in Karachi's largest industrial area, SITE, has reached a critical point, leading to a complete halt in water supply to industries and severely disrupting production. Many factories…
SSGC's Security Services and Counter Gas Theft Operations (SS&CGTO) and Customer Relations Department (CRD) teams are waging a relentless battle against the escalating gas theft crisis. Their recent efforts, including…
· In FY24, the auto sector struggled with sluggish demand recovery as total industry sales dipped by 6%, reaching 151,983 units. The industry saw muted sales throughout the year, total…
Dubai Summer Surprises (DSS) 2024 is back, promising an unforgettable summer filled with fabulous festivities, unbeatable sales, and abundant family fun. Kicked off on June 28, 2024, the festivities will…
SC restores PTI's party status and grants reserved seats. The Supreme Court of Pakistan today announced that Pakistan Tehreeh-e-Insaaf (PTI) will be allotted reserved seats. Moreover, the court has notified…
Chairman of FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday…
Director General of Sindh Food Authority (SFA), Muzamil Hussain, announced a two-month deferment in operations within Korangi to allow companies to enhance their food quality standards. This decision, made at…
According to IMS Research, the KSE100 index closed 150 points lower yesterday at 79,992 points. Today's key event is the Supreme Court's decision on reserved seats. If the decision goes…
The enforcement of axle load regulations for truck carriage has inadvertently led to increased extortion from traders for transporting goods within Pakistan. This exploitation has significantly raised transport costs, severely…
The total liquid foreign reserves held by the country stood at US$ 14,644.7 million as of 05-July-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
Set to introduce a cutting-edge digital payment solution integrating RAAST to enhance customer convenience, reliability, and speed.
Mr. Atif Ikram Sheikh, President of FPCCI, has stressed that Pakistan needs to work with Indonesia to formulate a free trade agreement (FTA) to rectify a bilateral trade deficit of…
Chairperson Benazir Income Support Programme (BISP) Rubina Khalid met with Haaris Mahmood, Interim CEO of Mobilink Microfinance Bank, and Arif Chaudhary, Head of Public Sector Partnerships JazzCash, today at BISP…
Pakistan's largest telecom and ICT services provider, PTCL Group (PTCL & Ufone 4G) has signed Olympian and star javelin thrower, Arshad Nadeem as its brand ambassador. The Group has planned…
The international ride-hailing service Yango, a part of the global tech company Yango Group, proudly marks the first year of operation in Pakistan, now covering five of the nation's major…
Arclink Developers held a successful open house event in Peshawar, drawing a large crowd of residents, business leaders, and real estate professionals. Despite tough economic times, the company continues to…
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) with Meezan Bank hosted a significant public hearing session on the draft Shariah Standard on Sukuk. The event took place…
Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has welcomed Prime Minister Shahbaz Sharif's decision to provide a 3-month electricity relief for domestic consumers using up…
The State Bank of Pakistan will remain closed on July 16th and 17th, 2024 (Tuesday and Wednesday), which are public holidays on the occasion of Ashura (9th and 10th Moharram…
During Jun’24, the automotive industry experienced sales increasing to 13.3K units, depicting a 21% MoM increase and a staggering 120% YoY increase, as reported by PAMA. The total sales for…
SI Global Solutions announced the beginning of a groundbreaking 10-year partnership with Dell Technologies at the event held in Karachi, solidifying SI Global Solutions as an official distributor and channel…
Pakistan's largest Data Hackathon, the Jazz Digital Squad, has concluded with a grand finale in Islamabad. This pioneering initiative, led by Jazz, the country's leading digital operator, invited university students…
Faisal Moiz Khan, President of the North Karachi Association of Trade & Industry (NKATI), has called upon Prime Minister Shahbaz Sharif, Finance Minister Muhammad Aurangzeb, and Commerce Minister Jam Kamal…
MCB Bank Limited, one of Pakistan’s leading banks, has entered into a strategic partnership with the Punjab Information Technology Board (PITB) and Mastercard Asia/Pacific Pte. Ltd. The ceremony, held at…
Mughal is focusing on cost efficiencies, such as installing a non-ferrous recycling plant and investing in a coal-based power plant, which will not only provide cheap electricity but also reduce the tax rate.