Daily cargo handling report of Karachi port trust
The Karachi Port Trust handled 137,433 tons of cargo comprising 111,311 Tones of import cargo and 26,122 Tons of export cargo during the last 24 Hrs ending at 0700 Hours.…
Easypaisa launches in-App Biometric Verification
Easypaisa, the country's leading digital payments App, has introduced an innovative feature that enables users to upgrade their mobile wallet accounts through in-app biometric verification. A key regulatory requirement, Biometric…
KSE-100 companies profit up 37% but dividend down 9% YoY in 3QFY22
KSE-100 index companies' profitability has grown by 37% YoY in 3QFY22, significantly higher than the last 5-years and 10-years CAGRs of 12% and 17%, respectively. The increase in profitability has…
Rise in temperature is causing surge in power demand: KE Spokesperson
Director Communications and Spokesperson K-Electric Imran Rana clarified that the current heatwave conditions across the country were driving a surge in electricity demand. He stated, "While K-Electric is undertaking all…
Babar Azam expresses good wishes for the Pakistani team competing at FFWS 2022
Pakistan Cricket Team Captain Babar Azam has taken to social media to wish the best of luck to the captain of the first-ever Pakistani team competing in the prestigious Free…
Beaconhouse students’ set up a play area at the Children’s Hospital, Faisalabad
Beaconhouse, Pakistan's largest network of private educational institutions, has recently helped set up a community play area at the Children's Hospital, Faisalabad. Funds for this play area were raised from…
Norway and Pakistan enjoy excellent relations, but trade numbers are not very impressive: Envoy
Ambassador of Norway Per Albert Ilsaas has said that although Norway and Pakistan have been enjoying excellent relations as both countries have been cooperating in multiple spheres, it was positive…
ACE Money Transfer and Bank Alfalah giving away SIX Kia Sportage Alpha
The partnership between Bank Alfalah, one of the largest commercial banks in Pakistan and ACE Money Transfer, a leading online remittance provider, is all set to reach new heights with…
PSX market witnessed a range bound session today
· The market witnessed a range bound session today, PSX opened on the positive note but remained volatile due to continuation of Rupee parity against USD as political and economic…
VRG CEO, iPath CEO participate in WEF moot
The World Economic Forum held the EDISON Alliance Champions Deputies & Executive Network Meeting to discuss the 2022 roadmap, share commitments and initiatives, as well as calls for action to…
Daily more than 9000 tons of garbage is being picked up from Karachi, MD-SSWMB
More than 9000 tons of garbage are being picked up daily from Karachi, while daily more than 10 to 11 thousand tons of garbage is discharged, and the rest of…
NBP joins hands with ICAP to launch CA Training Program
The National Bank of Pakistan, in line with its vision to become the nation's leading bank enabling sustainable growth and inclusive development joined hands with the Institute of Chartered Accountants…
Daily cargo handling report of Karachi Port Trust
The Karachi Port Trust handled 194,364 tons of cargo comprising 142,219 Tones of import cargo and 52,145 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Urea sales surge by 45% YoY in Pakistan
According to provisional fertilizer offtake data for Apr'22, urea offtake jumped by 45% YoY to 448k tons compared to 309k tons in SPLY. Offtake of FFC and FFBL (combined), EFERT,…
Zong Partners with Huawei & Akhuwat Foundation to promote digital education in Pakistan
Zong, Pakistan's digital services frontrunner, and Huawei have joined hands with the Akhuwat-(World's Largest Interest-Free Micro Finance Organization with poverty alleviating interventions in MicroFinance, Education and more) to help promote…
Pakistan Oil and Gas Marketing Sector reported good sales in April 2022
Total Petroleum sales arrived at 2.18mn tons in Apr'22, witnessing a jump of 30% YoY and 19% MoM. The growth in sales volumes was primarily attributable to i) jump in…
3 easy steps to connect your HUAWEI FreeBuds 4 to your Android or iOS phone
In the digital era, many of our entertainment or work setup involves more than one device. However, earphones' single device connection may affect our experience, as users may have to…
The PSX market witnessed bloodbath throughout the day
· The market witnessed bloodbath throughout the day today, due to further devaluation of Pak rupee against USD and uncertainty regarding debt repayments and depletion of foreign exchange reserve led…
Cement dispatches declined by 28.6 percent in April 2022, APCMA urges govt support
Cement dispatches declined by 28.6 percent in April 2022. Total Cement dispatches during April 2022 were 3.52 million tons against 4.94 Million Tons dispatched during the same month of last…
COEUS Pakistan’s book building
· COEUS Pakistan's book building is expected to take place from 9th May'22 to 11th May'22 where the company is offering 5mn shares at a floor price of PkR210/sh. The…
QNET marks the month of Ramadan through global initiatives
The holy month of Ramadan is time for families and friends to come together to share in prayer and break their fast together at sunset. As has been a tradition…
AAA Associates to organize a three-day exclusive property Expo 2022 in Quetta
AAA Associates, a prominent name in the real estate sector of Pakistan is organizing a 3-day Exclusive Property Expo 2022 in Quetta. The Expo is taking place from 13 to…
ILMA organized a fashion show to showcase student’s brand
ILMA made a grand entrance into the fashion industry with the ILMA Style Gala! This elite event was held on Saturday, 7th May at ILMA University. This was surely an…
Pakistan Market is down 1552 points today
All optimism turns into pessimistic! PSX is down 1552 points today! The trap before Eid becomes successful. Meanwhile, experts expect the volatility to remain amplified due to the tough economic…
Gul Ahmed Textile made some capacity expansions in the Spinning and Home Textile segments
Gul Ahmed Textile Mills (GATM) has reported consolidated NPAT of PKR2.4bn (EPS: PKR3.96) for 3QFY22, up 43% yoy and 3% qoq. This takes 9MFY22 NPAT to PKR6.0bn (EPS: PKR9.70), up…
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