Careem recently celebrated its 10-year anniversary with their documentary titled 'A Decade in Motion', capturing the journey behind the region's first tech unicorn. Ten years on, Careem has simplified and improved the…
Mobilink Microfinance Bank Limited (MMBL) is partnering with the Swiss Capacity Building Facility (SCBF), a Switzerland-based innovative public-private platform, and the Arab Gulf Programme for Development (AGFUND), a Saudi Arabia-based…
· The PSX witnessed a positive session today. The benchmark KSE-100 index opened in green and kept hovering in a positive zone throughout the trading session, reaching an intraday high…
Pakistan Telecommunication Company Ltd (PTC) held its corporate briefing session today to discuss its CY22 year-end results and future outlook. To recall, the company unconsolidated NPAT of PkR9.1bn (EPS: PkR1.78)…
Over the last few decades, the face of the global economy has transformed, with more start-ups rolling in the market. According to datadarbar, Pakistani startups have received more than $347…
The Pakistan Economy Watch (PEW) on Tuesday lauded the proposal of the IMF to tax the rich and subsidize the poor. Still, it is insufficient as the ruling elite will…
The management of Pakistan Petroleum Limited (PPL) is expected to announce it 1HFY23 on 27th Feb'23. We forecast the company to post a bottom line of PKR 51,792mn (EPS: PKR…
Nishat Chunian Power Limited (NCPL) announced its 2QFY23 financial result today where the company posted a profit after tax (PAT) of PKR 878mn (EPS: PKR 2.39), up by 59% YoY,…
Current account deficit (CAD) during Jan 2023 clocked in at US$242mn versus US$290mn in Dec 2022. Trade deficit during Jan 2023 was down 11% MoM to US$1.7bn as imports dropped…
· Today at the PSX, a negative session was recorded to kick off the week. The market opened in the red and continued to trade in that region, reaching an…
Kot Addu Power Company Limited (KAPCO) is scheduled to announce its 2QFY23 financial result on Feb 22nd 2023. We expect the company to post a profit after tax of PKR 1,264mn…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said utilization of electricity is…
Sastaticket.pk, Pakistan's leading online travel booking platform, is providing peace of mind by facilitating their customers. Now customers can book their domestic and international traveling PIA tickets through Sastaticket.pk. Now…
New suite of indoor hardware and software make indoor 5G easier for communications service providers (CSPs), enterprises, and neutral hosts to deploy, scale, and monetize Introducing a new precise-location software…
Former President of Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, on Monday, said the entire burden of the IMF's conditions is being put on the people, which…
Oil & Gas Development Company Limited (OGDC) is scheduled to release its 2QFY23 earnings on Wednesday, wherein we expect the company to post NPAT of PkR37.30bn (EPS PkR8.66), changing by…
During an interactive and engaging session at the ongoing Karachi Literature Festival, Peek Freans Gluco launched its much-awaited book of "Gluco Kahani Rhymes" along with renowned singer and songwriter Bilal…
Strengthening upon the reverberating journey of the globally recognized, S&P Global Award Winner K-Electric's Roshni Baji brand ambassador program, the company has announced the launch of the third cohort of…
This week NIC Peshawar, with support from The Asia Foundation, hosted the second round of the Net Zero Tech Camp Challenge. The event, curated by Code for Pakistan featured mentoring…
Engro Polymer & Chemicals Limited (EPCL) held its analyst briefing today to apprise investors on the CY22 result and future outlook. To recall, EPCL posted PAT of PkR11.7bn (EPS: PkR12.4)…
At the start of the week, the market experienced a downturn in response to anticipated mini-budget post-discussions between the government and the International Monetary Fund (IMF). During a session on…
· The ECC has approved gas price increase across sectors, including those for the domestic consumers. The gas price increase was a demand of the IMF while it was visiting…
Nishat Power Limited (NPL) announced its 2QFY23 financial result recently where the company posted a profit after tax (PAT) of PKR 1,101mn (EPS: PKR 3.11), up by 48% YoY, compared…
As per the PSX notice, ThalNova Power Thar (Private) Limited (TN) has achieved Commercial Operation Date (CoD) effective from Feb 17, 2023. TN is a joint venture between The Hub…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said tax and other…