HUBC to announce its 1QFY23 financial result on Oct 27th, 2022
The Hub Power Company Limited (HUBC) is scheduled to announce its 1QFY23 financial result on Oct 27th, 2022. We forecast the company to post a consolidated profit after tax of…
ONE Network and Cybernet complete first phase of cross-country long-haul fiber network
A new ultra-low latency long-haul fiber network is being deployed jointly by One Network, the largest ICT and Intelligent Traffic and Electronic Tolling System operator in Pakistan, and Cybernet, a…
United States and Khushhali Microfinance Bank sign $25 million commitment to empower women and micro and small businesses
The United States government, through the U.S. International Development Finance Corporation (DFC) and the U.S. Agency for International Development (USAID), launched a new partnership with Pakistan's leading financial institution Khushhali…
Gwadar should be connected to the national grid: Mian Zahid Hussain
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 it is important…
Pakistan Technology: IT Exports in Sep-22 down by 10% MoM
Information Technology (IT) exports of Pakistan for September 2022 declined by 10% MoM and by 4% YoY to US$206mn primarily due to lower computer services exports. IT exports peaked at…
SAIMA builders announce the launch of ZSZ midtown, their latest affordable housing solution
A leader in the real estate industry of Pakistan, Saima Builders officially announced the launch of their latest housing society, ZSZ Mid Town. Situated amid the Karachi-Hyderabad highway, the new…
PFA seeks KCCI’s assistance in dealing with Tier-I retailers’ issue
Senior Vice Chairman Pakistan Furniture Association (PFA) Rana Waheed Murad, while referring to several discussions and a meeting held on June 22 with the then Finance Minister Miftah Ismail and…
The realme C25Y is the ultimate budget-friendly solution
We use smartphones every day to simplify our everyday problems and fulfill our needs. We use them to book a ride service to get from place to place, make cashless…
PTCL Group engages IBM for business transformation through RISE with SAP on Amazon Web Services
PTCL & Ufone kicked off their corporate business transformation leveraging RISE with SAP at the core of their organization with the goal to drive efficiency, effectiveness, and innovation. The announcement…
NEPRA announces decision on KE’s petition of quarterly adjustments for April to June 2022
Based on KE's petition for Quarterly Adjustments for April to June 2022, NEPRA has determined Quarterly Tariff variation for the period applicable on the July 2022 to September 2022. NEPRA…
DEL wins multiple awards for its benchmark HSE initiatives
Pakistan's leading large-scale engineering company, Descon Engineering Ltd. (DEL), has worked towards becoming a benchmark for the industry by achieving excellence in Health, Safety, and Environment (HSE). Recently, the company…
Meezan Bank announces financial results for the 3Q2022
The Board of Directors of Meezan Bank, in its 100th Board meeting held on October 19th, 2022 approved the financial statements of the Bank for the nine months period ended September…
FrieslandCampina Engro Pakistan announces Q3, 2022 results
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for Q3, 2022. The Company reported revenue of PKR 52.8 billion for the nine months ended, showcasing 37% increase versus same…
Ms Marriyum Aurangzeb represented Pakistan at the 12th Session of the Islamic Conference of Information Ministers held in Istanbul, Turkiye
Federal Minister for Information and Broadcasting, Ms Marriyum Aurangzeb represented Pakistan at the 12th Session of the Islamic Conference of Information Ministers held in Istanbul, Turkiye. The theme of the conference…
MAP to host marketing conference in Karachi next year
The Marketing Association of Pakistan (MAP) plans to organize an internarial standard of marketing conference in Karachi next year, followed by Lahore and Islamabad. This was disclosed by Muhammad Azfar…
Breast Cancer detection and treatment will be available in KP
The Public Health Association (PHA) Khyber Pakhtunkhwa in collaboration with the Institute of Radiotherapy and Nuclear Medicine (IRNUM) held an awareness session on the Breast Cancer Early Detection Initiative of…
International Rescue Committee aims to assist 1.5 million flood affected people
As the national coordinated efforts for provision of relief and subsequent rehabilitation of flood-affected people have been accelerated at all levels, there still needs much to protect flood victims from…
KATI felicitates on Pakistan exiting FATF’s gray list
Korangi Association of Trade and Industry (KATI) Patron-in-Chief SM Muneer and President Faraz-ur-Rehman expressed gratitude over the announcement of Pakistan was removed from the gray list by the Financial Action…
Zong awards its network heroes
Zong 4G, Pakistan's leading mobile telecommunications network, held an event on October 20th, 2022 at its headquarters to demonstrate the network's excellence during recent times and to honor those who…
NBP organizes breast cancer awareness session at Head Office
National Bank of Pakistan is committed towards the health and wellness of its employees and their dependents. As part of Pinktober – Breast Cancer Awareness month, the Bank's Human Resource…
Fauji Fertilizer Company is expected to disclose its 9MCY22’s financial result on 26th Oct’22
Fauji Fertilizer Company Limited is expected to disclose its 9MCY22's financial result on 26th Oct'22, where we expect earnings to clock-in at PKR 15,105mn (EPS: PKR 11.87), down by 5%…
FFBL: Earnings expected to decline by 46% YoY in 3QCY22
Fauji Fertilizer Bin Qasim Limited (FFBL) is scheduled to announce its financial result for 9MCY22 on 25th Oct'22, where we expect the company to post a profit after tax of…
The PSX market is expected to remain positive in the upcoming week
The market commenced on a negative note this week amid hustle and bustle in the political arena. Furthermore, the Pak Rupee remained under pressure against the greenback, closing at PKR…
“Fly Jinnah” reveals its domestic network and launch plans
Fly Jinnah, Pakistan's new low-cost carrier (LCC), today announced the launch of its commercial flights starting 1stNovember 2022. The launch destinations network will include four domestic routes connecting Karachi to…
Arif Habib Dolmen REIT Management applies for listing of Globe Residency REIT (GRR) at PSX
Arif Habib Dolmen REIT Management Limited (AHDRML) has applied for listing to Pakistan Stock Exchange (PSX) to list Globe Residency REIT (GRR), which once approved would become Pakistan's first listed…
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