Pak-Qatar Asset Management Company Limited (PQAMCL) recently announced that SECP has accorded approval for the launch of its Shariah Compliant Collective Investment Schemes (Mutual Funds). PQAMCL is going for IPO…
Khushhali Microfinance Bank Limited is a leading financial institution of Pakistan, which is introducing global standards of banking for economic growth of the country, while it has a broad based…
Saquib Ahmad, Country Managing Director, SAP Pakistan, held a media meet-up at a local hotel to apprise the press of the impact and contribution of SAP’s operations in Pakistan. SAP…
The total liquid foreign reserves held by the country stood at US$ 14,069.9 million as of 16-Sep-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
A total of 34 Pakistani entrepreneurs participated in the first Alibaba Netpreneur Training ("ANT") Pakistan Program organised by Alibaba Global Initiatives ("AGI") with support from Daraz, South Asia's leading e-commerce…
Pakistan National Shipping Corporation (PNSC) has recently acquired Aframax tankers, i.e. Mardan & Sargodha, in its fleet in August 2022. Both are registered with an internationally recognized classification society i.e.…
Pakistan Oilfields Limited (POL) held its corporate briefing session today to discuss its FY22 financial results. POL posted unconsolidated earnings of Rs25.9bn (EPS Rs91.37) in FY22, up 94% YoY. Despite…
Pakistan posted a Current Account Deficit (CAD) of USD 703mn for the month of Aug'22 compared to a deficit of USD 1.5bn during Aug'21, down 54% YoY. On a YoY…
A delegation from Pula Advisors, a leading agricultural insurance and technology company, recently met with officials from the Sindh provincial government to propose disaster risk insurance which could safeguard all…
Beaconhouse, Pakistan's largest network of private educational institutions has made a Rs 15 million donation through its charitable wing, Mahmud Ali Kasuri (MAK) Welfare Trust, to assist flood affected families…
Nishat Mills Limited (NML) recorded unconsolidated earnings of Rs1.26bn (EPS: Rs3.6) in 4QFY22 compared to earnings of Rs2.28bn in 4QFY21 (EPS: Rs6.5). This takes FY22 earnings to Rs10.3bn (EPS: Rs29.3).…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said solar energy is being prioritized worldwide…
ATC Holdings & its subsidiary National Foods Limited have always been at the forefront of community development. With the national catastrophic floods engulfing one third of Pakistan, the Boards of…
TECNO, a leading smartphone brand, has launched the much-awaited Camon 19 Pro in Pakistan. The camera-centric Camon series has brought yet another innovation in camera technology unlike anything seen before.…
· Another down-close session today after a positive open zone. Continued pressure on the PKR softened sentiment to take the KSE-100 below 41k. All eyes now on the FED tonight and…
International humanitarian Angelina Jolie is visiting Pakistan to support communities affected by the devastating floods. Heavy rains and floods across the country have impacted 33 million people and submerged one…
Committed to its vision of enabling health care access for all, Sehat Kahani, the leading digital healthcare platform in Pakistan has partnered with Government of Azad Jammu and Kashmir (AJK)…
Zonergy Corporation, an inverter and energy storage solutions provider, made its debut at the Solar Power International (SPI) 2022, the largest solar energy exhibition in North America. Zonergy's Executive Director and President…
The Board of Directors of K-Electric approved the financial results for the company on 20 September 2022 for the year ended on 30 June 2022. Driven by prudent policies, the…
FCCL announced financial results for FY22, wherein the company posted a Profit after tax of Rs7,113 (EPS: 3.26/share) versus PAT of Rs3,471 (EPS: 2.52/share unadjusted) in FY21. During 4QFY22, the…
Today YouTube announced the expansion of its monetisation system with YouTube Partner Program (YPP). YouTube shared that it is expanding the platform's monetization system to allow more creators to join the program…
PUBG MOBILE, Pakistan's NO.1 mobile game, has partnered with Pakistan Cricket Board (PCB) for the Pakistan vs England T20 International Series 2022, starting today (September 20). The tour will include…
The 7th annual flagship event for the global ICT industry, Huawei Connect 2022, began yesterday in Bangkok, Thailand. The theme of this year's event is "Unleash Digital", gathering over 10,000…
DP World in the UK announced that work has begun on a new speculative 119,000 sq ft green warehouse at London Gateway's port-centric Logistics Park. The company has witnessed its…
Pakistan Petroleum Ltd has informed Pakistan Stock Exchange today that the Board of Directors of Company at its meeting held on 16th September 2022 has appointed Mr. Imran Abbasy as…