FFBL reported the highest ever 1Q revenue of Rs46.5bn in 1Q2024.
DAP market size increased by 23% YoY to 292K tons in 1Q2024 where FFBL's market share increased to 58% in 1Q2024 compared to 54% in 1Q2023. DAP primary margins in…
People involved in wheat scam deserve no leniency: Mian Zahid Hussain.
The Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain, said on Friday that…
Yango introduces enhanced security measures to safeguard riders and drivers in Pakistani
Yango, an international tech company with several digital offerings, including a ride-hailing service, is present in the Pakistani market and announces the implementation of comprehensive security enhancements to ensure the…
Businesses urged to take steps to maximize the opportunities of AI
Chief executive officers (CEOs) and chief financial officers (CFOs) need to build trust in artificial intelligence (AI) by taking steps in their organisations to manage the associated risks. As AI…
Sehat Kahani and Rotary Pakistan Smart Villages Partner to pioneer healthcare access in interior Sindh
Sehat Kahani and Rotary Pakistan Smart Villages have formalised a strategic partnership through a Memorandum of Understanding (MOU) signing ceremony on a momentous occasion marked by collaboration and commitment. The…
FPCCI appoints Shaikh Rashid Alam as Convener of the Central Standing Committee for Youth Empowerment and Recognition
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is pleased to announce that Shaikh Rashid Alam, CEO of Brand Foundation, has been appointed convener of its Central Standing…
Hotel Owner arrested in Quetta for Stealing Gas.
SSGC continued with its targeted drive to control the menace of gas theft across its franchise areas of operation. Quetta team of Security Services and Counter Gas Theft Operations (SS…
Administrative measures are necessary to reduce inflation.
Dr. Shahid Rasheed Butt, who had previously served as the President of the Islamabad Chamber of Commerce and Industry (ICCI), stated on Friday that it is possible to bring assistance…
Pakistan has missed countless opportunities for economic development.
Dr Muhammad Hanif Mughal, Chairman of Pakistan Tehreek-e-Shadbad, said on Friday that Pakistan has lost numerous chances to grow economically. Politicians and bureaucracy tend to scare away investors, which should be…
SSGC notified 24-hour Gas Holiday for all Industries, including their
Due to the shortages of gas supplies in SSGC's system, gas availability has decreased, resulting in the depletion of the line pack and low pressures in the system. Under clause…
RemoteWell, Godaam Technologies and Digitt+ present Top Ideas at Zar Zaraat agri-startup competition
"Agriculture, as a sector, hold the key to prosperity, food security, and the socioeconomic upliftment of our rural communities…Continuous innovation and development within the agricultural sector, therefore, are vital for…
foodpanda champions Women’s Empowerment at WIBCON ’24
foodpanda, Pakistan's leading delivery platform, proudly sponsored and participated in the Women in Business and Leadership Conference (WIBCON) '24, organised by the Pakistan Society for Training and Development (PSTD). This…
The Sindh government announced the establishment of a help desk for industrial associations
Provincial Minister for Environment, Climate Change and Coastal Development, Dost Muhammad Rahimoon has issued directives to establish a comprehensive help desk catering to all seven industrial associations in the city.…
SBP’s reserves increased by US$ 25 million
The total liquid foreign reserves held by the country stood at US$ 13,316.0 million as of 26-Apr-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
DET to bring together Dubai’s tourism ecosystem at Arabian Travel Market 2024
Dubai Department of Economy and Tourism (DET) will showcase the emirate's innovative and diverse destination offering by bringing together 129 key partners and stakeholders to demonstrate the city's collaborative spirit…
Equipping youth with green skills through Rethinking Urban Development Initiative
Experts at the event 'Rethinking Urban Development in Pakistan: Leveraging Youth's Potential for Sustainable Cities' said that innovative models such as the Green Urban Development School (GUDS) play a critical…
Cement industry shows concerns over the deteriorating law and order situation
All Pakistan Cement Manufacturers Association (APCMA) has expressed serious concerns about the deteriorating law and order situation, which is threatening their heavy investments. "The law and order situation in Dera…
IMF move to release of the $1.1 billion tranche welcomed.
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that the International…
IGATEX PAKISTAN Mega Textile event opens with worldwide participation
IGATEX PAKISTAN – Country's Largest Garment, Textile & Digital Printing Machinery and Accessories Exhibition organized by Fakt Exhibitions (Pvt.) Ltd. opened its doors on 1st May 2024 at Expo Centre…
Systems Limited: 1Q2024 earnings below industry expectations
Systems Limited (SYS) announced its 1Q2024 result, in which it posted a consolidated PAT of Rs1.57bn (EPS of Rs5.39), down 60% YoY and up by 2% QoQ. The result was…
MUGHAL has posted 3QFY24 NPAT of PKR103mn
MUGHAL has posted 3QFY24 NPAT of PKR103mn (EPS: PKR0.31), down 92% YoY and 87% QoQ. The result was significantly lower than our expected EPS of PKR 1.85, where the deviation…
Zong 4G prioritizes user well-being with the new Sehatyab partnership.
Zong 4G, Pakistan's leading mobile network operator, is proud to announce a groundbreaking partnership with SehatYab, a leading tele-health platform. This collaboration prioritizes user well-being by offering a comprehensive suite…
Nishat Chunian saw higher sales and improved gross margins in 3QFY24
Nishat Chunian Limited (NCL) announced its 3QFY24 results today. The company posted an unconsolidated NPAT of PkR381mn (EPS: PkR1.6) compared to a loss of PkR991mn (LPS: PkR3.8) in the quarter…
A review of PSX performance during April 2024
Robust momentum weighting on the IMF program and prospects of investment from friendly countries KSE-100 observed a healthy momentum during Apr'24, which took the index to the highest-ever level of…
TDAP to Participate at Texworld / Apparel Sourcing Paris 01 – 03 July 2024
Paris, as one of the major fashion capitals of the world, is the best place to promote and sell brand(s) and collections in Europe, the West, and increasingly in the…
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