Pakistan recorded a massive growth of 57.44 per cent in cement dispatches in July 2023, when total cement dispatches made a figure of 3.212 Mt against 2.040 Mt dispatched during…
Oil production of Pakistan during FY23 witnessed a reduction of 6% YoY to 69,341 bopd owing to natural decline at major fields such as Nashpa, Mela, Adhi, Chanda, Maramzai, Mardankhel,…
In a remarkable leap towards empowering its customers, Zong 4G, Pakistan's leading telecommunications company, has taken a giant stride with the launch of a new value-added service (VAS) Zero Balance.…
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on August 02, 2023, reviewed performance of the Bank and approved…
Bank Alfalah, a leading commercial bank in Pakistan, reported the highlights of the first half of 2023 during Phase-2 of its comprehensive rehabilitation and rebuilding initiative, which started with immediate…
Petroleum sales declined by 6% YoY to 1.35mn MT in Jul'23 with the decline largely attributable to a plunge in FO volumes by 59% YoY due to lower offtake by…
Zindigi, powered by JS Bank, in collaboration with Mastercard, is set to revolutionize the mass transit system in Karachi. This transformative partnership aims to enhance public transport accessibility, convenience, and…
Mr. Irfan Iqbal Sheikh, President FPCCI, has strongly condemned the massive hike in petroleum products, i.e. petrol by PKR. 19.95 per liter to make it 272.95 & high speed diesel…
Visa (NYSE:V), the world's digital payments leader has officially inaugurated its new office in Pakistan. Visa's expanded on-ground presence in Pakistan is a testament to its commitment to supporting the…
Pakistan Coating Association (PCA) is organising the first of its kind Pakistan Paint and Construction Chemicals Expo in the International Expo Centre Lahore from 14-16 September 2023 with the support…
Seagold Private Limited, one of the leading logistics companies in Pakistan, is thrilled to announce that it has been honoured as one of the Top Cargo Agents for Karachi by…
Meezan Bank, Pakistan's leading Islamic bank, has introduced Meezan WhatsApp Banking, a hassle-free service that empowers both individual customers and businesses to conveniently access a wide range of Account Management…
To recall, the EFERT posted a consolidated net profit of PKR 5,464mn (EPS: PKR 4.09) in 1HCY23 compared to PKR 5,413mn (EPS: PKR 4.05) in 1HCY22, up by 1% YoY.…
MCB Bank, a leading financial institution, is delighted to announce its strategic partnership with Visa, the global payments technology company. This collaboration will accelerate the development and adoption of digital…
At today's meeting, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent. The Committee noted that the economic uncertainty has decreased since the last…
Sohail Nisar, Senior Vice Chairman of the Pakistan Yarn Merchants Association (PYMA), has strongly opposed the significant increase in electricity tariffs, declaring this move as devastating for businesses and industries.…
Oil and Gas Development Company Limited (OGDCL) has announced today that it is using cutting-edge technologies for production optimization, says a notification of Company to PSX. Significant enhancement in production…
The management of Engro Fertilizers Limited (EFERT) today disclosed the financial result for 1HCY23, posting a consolidated profit after Tax (PAT) of PKR 5,464mn (EPS: PKR 4.09) against PKR 5,413mn…
The advance to 47k continues for Pakistan, with another day of new rally highs for all benchmarks. Refineries, OMC, and Textiles were the standout sectors, with SHEL PA, NML PA…
Echoing the collective concerns of Pakistan's business, industry and trade community, Mr. Irfan Iqbal Sheikh, President of FPCCI, has termed the latest PKR. 7.5 / kWh hike in the electricity…
The management of Fauji Fertilizer Bin Qasim Limited (FFBL) held a corporate briefing session on 26th Jul'23 to discuss the 1HCY23 financial result and future outlook. Brief Takeaways To recall,…
Air Canada and Emirates today announced a customer service milestone in the two airlines' strategic partnership with the move of Air Canada's operations to Dubai International's (DXB) flagship Terminal 3…
Infinix today announces its new collaboration with JBL, enabling a cinematic sound experience for the upcoming Infinix NOTE 30 Pro series featuring Pakistan's first All-Round FastCharge smartphones. Infinix NOTE 30…
Pakistan Telecommunication Company Limited (PTCL), the leading ICT services provider in Pakistan, has announced the implementation of Robotic Process Automation (RPA) in its Customer Care operations as a vital part…
Lucky Cement Limited, Pakistan's leading producer and exporter of cement, received the KCCI Export Trophy Awards for its outstanding achievements in the international market. Mr Muhammad Ali Tabba, the CEO…
