• Ericsson’s fintech solution, the Ericsson Wallet Platform, will support positioning Telenor Microfinance Bank as a Digital Bank (subject to regulatory approvals) by offering a wide range of new and…
President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has expressed deep concern over the recent 21% decline in foreign direct investment (FDI). Emphasizing that political stability…
In continuation of its efforts to showcase some of the most talented female voices from the country, Spotify has announced Nimra Mehra as the EQUAL Pakistan Ambassador for February 2024. Nimra, a rising star in…
Mobilink Bank achieved multiple financial milestones in 2023, solidifying its position in the banking industry. With a revenue of PKR 41,053 million, representing 72% growth from the previous year, the…
The total liquid foreign reserves held by the country stood at US$ 13,097.8 million as of 16-Feb-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
Nishat Power Limited (NPL) announced its 1HFY24 financial result today where the company posted a profit after tax (PAT) of PKR 2,316mn (EPS: PKR 6.54), up by 13% YoY compared…
Due to the shortages of gas supplies in SSGC's system, the availability of gas has decreased, resulting in the depletion of the line pack, causing low pressures in the system.…
Punjab Aab-e-Pak Authority and Punjab Municipal Development Fund Company Managing Director Syed Zahid Aziz has said that although Pakistan is blessed with plenty of water reservoirs, vast population and irrigational…
The Trade Development Authority of Pakistan (TDAP) proudly announces the remarkable participation of 46 leading companies from Pakistan's vibrant agro sector at Gulfood 2024, Dubai's world's largest annual food and…
Mashreq Bank Pakistan Limited is pursuing a restricted license from The State Bank of Pakistan to commence its digital retail banking operations. This marks an important step in its journey…
DET's participation aligns with the objectives of the Dubai Economic Agenda D33 to double the size of the emirate's economy over the next decade and further consolidate its status as…
Gulfood 2024 showcased the remarkable success of Pakistani salt manufacturers, highlighting their diverse, high-quality products and emphasizing Pakistan's distinction for having some of the world's finest salt deposits. Hosted at…
Mr. Saquib Fayyaz Magoon, Acting President FPCCI, has apprised that the industries in general, and industries in SMEs sector in particular, are on the verge of total collapse and shut…
Service Global Footwear Limited (SGF) announced its financial result for CY23 today, posting a PAT of PKR 1,182mn (EPS: PKR 5.75), up by 3.5x YoY. During 4QCY23 the profitability of…
At an international conference, agricultural scientists stressed the need for collaborative and enhanced work on climate resilience, high-yielding, and fortified varieties to ensure food and nutrition security amid the challenges…
According to Arif Habib Ltd Sales, following an agreement to form a govt following almost 2-weeks of deadlock, the KSE-100 rallied to close near the HoD and +1.81% DoD. OGDC…
Engro Polymer (EPCL) conducted its 2023 Corporate Briefing Session today, where management discussed financial performance and future outlook. PVC sales in 4Q2023 declined by 23.5%, reaching 52K tons compared to…
Zong 4G, Pakistan’s leading telecommunication organization Zong 4G, has collaborated with BaKhabar Kisan to facilitate seamless communication between the Farmers and Agri Experts to make informed and timely decisions and…
Security Paper Limited (PSX: SEPL) released its financial statement for the first six months of the fiscal year ending December 31, 2023, announcing a profit of Rs 746 million (EPS…
foodpanda, Pakistan's leading delivery platform, is excited to announce its strategic partnership with PSO DIGICASH, a convenient and efficient fuel management solution from PSO (Pakistan State Oil). This collaboration aims…
The Royal College of Ophthalmologists, London, as per its last year's decision, has started its oral examinations for ophthalmology and refraction certificates in Pakistan. Last year, the college announced its…
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 an agreement…
Drug Regulatory Authority of Pakistan (DRAP) has notified an increase in the prices of 146 medicines, which are part of the National Essential Medicine List (NEML) and which fall under…
LOTCHEM has posted 4QCY23 NPAT of PKR237mn (EPS: PKR0.16), down 88% YoY and QoQ. This took CY23 NPAT to PKR5.0bn (EPS: PKR3.35), down 50% YoY. The result came much lower…
The future of LED TV has now reached Pakistan, where an unmatched filmic experience coupled with an acoustic ecstasy will push the tech-savvy communities into a fascinating world of entertainment.…