Pakistan Power Generation up by 10.1% during 9MFY22
· Power generation went up by 16.2% YoY to 10,418 GWh (14,003 MW) during Mar'22, compared to 8,965 GWh (12,049 MW) during Mar'21.The rise in generation was owed to higher…
PSX market witnessed profit taking today
· Market witnessed profit taking today, KSE-100 index opened on a positive note but couldn't sustain in green zone as investor opted for profit selling across the board due to…
realme 9 Pro+ Opens for Pre-orders with a rapturous photo exhibition
The realme number series has long been known as the embodiment of realme's spirit of tech democratization. Constantly raising the bar with each release, realme has started to cement itself…
Jubilee Life hosts special Iftar for the Arthouse students
Jubilee Life join hands with Arthouse by Sarwat Gilani for a special Iftar hosted for the Arthouse students from Special Olympics Pakistan (SOP) accompanied by Ronak Lakhani, Chairperson of SOP,…
AACSB’s ‘Innovations That Inspire’ initiative recognises Suleman Dawood School of Business at LUMS
The Association to Advance Collegiate Schools of Business (AACSB), the world's largest business education alliance, has featured the Suleman Dawood School of Business (SDSB) in its Innovations That Inspire member spotlight programme. SDSB…
MMBL partners with BaKhabar Kissan to foster a smart digital ecosystem for its growing Agri-customers across Pakistan
Pakistan's largest digital bank, Mobilink Microfinance Bank Ltd (MMBL) has partnered with BaKhabar Kissan (BKK), a leading agri-tech enterprise that provides advisory services to small and medium farmers across the…
Engro Fertilizers announced an interim cash dividend of PKR 5.50/share
Engro Fertilizers Limited (EFERT) announced the financial result for 1QCY22 today, posting a consolidated Profit after Tax (PAT) of PKR 5,511mn (EPS: PKR 4.13) compared to PKR 5,741mn (EPS: PKR…
Pakistan receives bids for oil/gas exploration in onshore area
Ministry of Petroleum, DGPC had opened bids for 14 onshore Blocks for grant of Petroleum Exploration Rights through open bidding on April 18, 2022 at Petroleum House, Islamabad. Bids were…
KATI welcomes the constitution of a textile council for the development of the sector
Acting President of Korangi Association of Trade and Industry (KATI) Farrukh Qandhari has welcomed the establishment of the Textile Council by the government for the development of the textile sector.…
AI-powered Ericsson Performance Optimizers – top network performance and automation, rolled into one
Ericsson (NASDAQ: ERIC) Performance Optimizers is a suite of AI-powered applications, that analyze the CSPs' Radio Access Network (RAN) to proactively provide mobile network optimization recommendations and resolve specific network…
ACPL is scheduled to announce its financial result for 3QFY22 on Apr 21st
ACPL is scheduled to announce its financial result for 3QFY22 on Apr 21st, 2022, whereby we expect the company to post a profit after tax of PKR 290mn (EPS: PKR…
Free Fire Pakistan join hands with Rizq to host Grand Iftar
Free Fire Pakistan collaborated with Rizq Trust, an NGO working on SDG2, zero hunger to create a food secure Pakistan, to serve a Grand Iftar to members of its community…
ASTL likely to announce its 3QFY22 result on April 21 – higher rebar prices impact positively
ASTL is slated to announce its 3QFY22 result (21st Apr'22), where we expect the company to record NPAT of PkR582mn (EPS: PkR1.96) vs NPAT of PkR503mn (EPS: PkR1.69) in 3QFY21.…
Maple Leaf Cement to announce 9MFY22 result today – increased energy prices may impact it
Maple Leaf Cement Factory Limited (MLCF) will be holding its board meeting today to announce 9MFY22 result where we expect unconsolidated EPS of PkR3.2 for 9MFY22, down 36%YoY. Unconsolidated EPS…
EPCL approved the efficiency project and a Rs 5 cash dividend
Engro Polymer and Chemicals Limited (EPCL) has informed Pakistan Stock Exchange Limited today that "In continuation to the announcement dated November 26, 2018, wherein Board of Directors of Engro Polymer…
Bangladesh leather exports translate a growth of 30.951% on a YoY basis in 9MFY22
The Bangladesh leather industry has earned export revenue of US$896.8 million between July 2021 and March 2022, of the ongoing fiscal year 2021-22, compared to $684.84 million earned in the…
Govt decision to restart talks with IMF lauded: 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 the decision of the government…
Pakistan textile sector shown robust performance during 9MFY22
As per data released by Pakistan Bureau of Statistics (PBS), textile exports for the month of Mar'22 clocked-in at USD 1.6Bn as compared to USD 1.4Bn in the SPLY (↑20%…
Metro Pakistan partners with FBR in POS prize scheme, rewards customers
METRO, the leading international wholesale company, has partnered with the Federal Board of Revenue (FBR), to reward its customers as part of FBR POS Prize Scheme by announcing 10 cash…
Bank Alfalah partners with Paymob to drive digital payment acceptance in Pakistan
Bank Alfalah, one of the largest private banks in Pakistan has partnered with Paymob, MENA's market-leading digital payments provider. The two organizations have collaborated to activate and support merchant acquisition…
Indus Motor donates to SIUT
Remaining steadfast to its commitment to the Global Goals, Indus Motor Company (IMC) made a Rs.5 million, donation to the Sindh Institute of Urology and Transplantation (SIUT). The company's, Chief…
foodpanda dedicated over US$35 million to grow communities, digitalise MSMEs and support riders in Asia
foodpanda released its first Social Impact Report, titled pandapurpose, highlighting initiatives the company has taken to contribute to socio-economic and environmental sustainability challenges in Asia. As the largest food and…
Tariq Glass to give new life to furnaces producing float glass (Unit-I)
Tariq Glass Industries Ltd has informed Pakistan Stock Exchange (PSX) today that one of the furnaces producing float glass (Unit-I) has outlived its useful campaign life and closed for rebuild…
Pak-Qatar General Takaful given A+ PACRA
PACRA, a renowned credit rating company has harmonized the Insurer Financial Strength rating of Pak-Qatar General Takaful Limited (PQGTL) at 'A+' with Stable Outlook. The rating assigned signifies high capacity…
Ufone 4G offers free 15GB data with latest Samsung handsets
Pakistani telecom company, Ufone 4G has taken on board premier South Korean technology conglomerate, Samsung to offer the full range of Samsung handsets for sale at Ufone Service centres nationwide.…
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