A TAL Joint Venture comprising MOL Pakistan Oil & Gas Co. B.V. (Operator), Oil & Gas Development Company Limited (OGDCL) (30% working interest in exploratory phase), Pakistan Petroleum Limited (PPL),…
The United States, through the U.S. Agency for International Development (USAID), today announced an additional $30 million in life-saving humanitarian assistance to support people and communities affected by severe flooding…
The Karachi Chamber of Commerce & Industry (KCCI) has highly appreciated and congratulated the Federal Minister for Finance & Revenue Miftah Ismail for his dedicated efforts that resulted in revival…
Al-Ghazi Tractors (AGTL) has reported 2QCY22 NPAT of PKR0.8bn (EPS: PKR13.31), up a 12% YoY, but sequentially down by 33%. This takes 1HCY22 NPAT to PKR1.9bn (EPS: PKR33.31), up 40%…
President of Korangi Association of Trade and Industry (KATI) Salman Aslam and Chairperson of KATI's Standing Committee for Karachi Water and Sewerage Board Nighat Awan have expressed concern about the…
In continuing its support during these challenging times, UPaisa is offering flood relief support to vulnerable communities by enabling its subscribers to make direct donations to a host of organizations…
· The market opened in the positive zone as the International Monetary Fund's executive board approved the extended loan facility for Pakistan. However, later in the day investors opted for…
The much awaited IMF program is finally back on track as the fund's board completed the combined 7th and 8th review of the EFF for Pakistan. The said approval will…
Eight industrial associations of Karachi collectively denounced the decision to supply Captive Power Plants with subsidized indigenous gas, terming it a violation of the Gas Allocation Policy 2018. They revealed…
The Karachi Port Trust handled 181,279 tons of cargo comprising 140,523 Tones of import cargo and 40,756 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
· Indus Motor Company Limited posted an earning of PKR 15,802mn (EPS: PKR 201.04) during FY22, increasing by 23% YoY from PKR 12,829mn (EPS: 163.21) in FY21. However, the earnings…
Extending its support to fellow Pakistanis, Telenor Pakistan has enabled free voice calls for its users in flood affected areas of the country. Torrential rains this year have wreaked unprecedented…
Hub Power Company (HUBC) held its corporate briefing today to discuss FY22 financial result and future outlook. Thar Energy Limited (TEL) achieved synchronization with national grid on Aug 03, 2022.…
Karachi Port Trust (KPT) is considering setting up a regulatory body on the demurrage charges, which will be announced soon to determine the demurrage charges at the port. These views…
PAJCCI kicks off the 10th Focus Group Discussion in Islamabad. Afghan delegation led by Khan Jan Alokozai; Co-Chairman PAJCCI, will arrive in Islamabad today, and for the first time after a…
Pakistan Telecommunication Company Limited (PTCL) Group has opened the doors of its medical centers for flood affected people in Swat, Dera Ismail Khan, Sukkur, Mirpur Khas, Larkana, Hyderabad, Malir-Karachi and…
· The market observed a negative session today due to concerns over mounting inflation and GDP growth rate. Investors' participation remained sideways throughout the day although value buying was witnessed…
The Leadership of Businessmen Group (BMG) and Karachi Chamber of Commerce of Industry (KCCI), while totally rejecting the unprecedented 80 percent hike in electricity tariff, stated that this unbearable upsurge…
A series of training videos have been launched in national and regional languages, by the State Bank of Pakistan (SBP), with a vision to create awareness about agriculture-financing products and…
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 rains and floods have…
Metro Pakistan, the leading international wholesale company, steps forward as the first retail business in Pakistan to supply relief and food supplies for the flood IDPs in Karachi. In a…
For half year ended June 2022, the Bank achieved 155% increase in its operating profit before provisions and reported Rs. 4.1 billion as compared to Rs. 1.6 billion in the…
Nestlé Pakistan has committed to donating 250,000 liters of clean drinking water and 10,000 liters of milk, in the second phase to support vulnerable communities affected by the devastating floods…
Chairman NEPRA Tauseef H. Farooqi visited the CLF's Emergency Room at PIMS and praised the paperless, automated model of care implemented by the foundation. "I came to know about the…
The Asia-Pacific ICT Alliance (APICTA) and Pakistan Software Houses Association (P@SHA) announced that Pakistan will be officially hosting the APICTA Awards this year for the first time. Hosted by PA@SHA,…