Engro Corporation, Pakistan's premier business conglomerate, has commenced office operations of its wholly owned subsidiary, Engro Eximp FZE, in the Jebel Ali Free Zone, Emirate of Dubai. Engro Eximp FZE…
Members of the Male Champions of Change Pakistan held their quarterly meeting at Telenor Pakistan Campus 345 to further their commitment to achieve gender equality and accelerate the advancement of…
· As per NFDC, Jan'22 urea offtake for the industry clocked in at 598k MT, flat MoM, however, contracting 8%YoY due to high base in same period last year. The…
Nishat Chunian Ltd (NCL) recently announced intentions to separate its subsidiary Nishat Chunian Power Ltd. (NCPL) as an independent entity. That is, it will transfer its holding in NCPL to…
Copious love stories exist around us, each one equally unique. However, it's time the conventional mould built by society is dropped and the meaning of true love is explored through…
We reiterate our favorable outlook on local equities given attractive market valuations, healthy dividend yields and the ongoing corporate results season. However, investors will likely remain cautious given the continuous…
English Biscuit Manufacturers (EBM) participated in the Gulfood Exhibition 2022 where its vibrant and dynamic pavilion impressed international visitors and buyers, who left the pavilion with a stronger desire to…
Pakistan Petroleum Limited (PPL) reported its 2QFY22 result today where the company's profitability stood at PkR17.7bn (EPS: PkR5.4), this took the cumulative profitability during 1HFY22 to PkR31.7bn (EPS: PkR11.7). The…
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 Friday said the Russia-Ukraine conflict has…
Meezan Bank, Pakistan's leading Islamic bank, also became the first and only Islamic bank to disburse Rs. 1 billion under Prime Minister's Kamyab Jawan - Youth Entrepreneurship Scheme (PMKJ-YES) for…
Pakistan's cellular and digital services frontrunner, Zong 4G, held its Annual Business Conference 2022 digitally that was attended by over 250 employees from across the organization. Themed, 'Let's Get Digital',…
TGL has posted 2QFY22 NPAT of PKR1.47bn (EPS: PKR10.7), up 27% qoq and 146% yoy, against expert's expectation of PKR0.96bn (EPS: PKR6.98). Earnings beat is led by higher-than-expected sales and…
The Board of Directors of Indus Motor Company (IMC) met on February 24, 2022 to review, evaluate and announce the company's financial and operating performance for the half year ended…
Imperial Logistics Limited ('Imperial') and DP World Logistics FZE ('DP World') are pleased to advise that all conditions precedent regarding DP World's offer to acquire a 100% stake in Imperial,…
· Market witnessed positive momentum as Western Allies see Kyiv failing to Russian Army within hours. KSE 100 index went up by 362 points intraday and managed to close 194 points…
As Coronavirus-related restrictions ease out in most cities with a positivity rate lower than 10%, KFC Pakistan joins hands with Reckitt Benckiser Pakistan Limited (the "RBPL") to make restaurant spaces…
National Bank of Pakistan has reached agreements with The Federal Reserve Board and Federal Reserve Bank of New York, and the New York State Department of Financial Services, the US…
NBP in a notice sent to PSX disclosed that it reached an agreement with U.S regulators of NBP's New York branch with fines of US$55mn arising due to historical compliance…
Dun & Bradstreet Pakistan and Gallup Pakistan have issued their report on 'Pakistan Consumer Confidence Index (CCI)' for Q4 2021. The Consumer Confidence Index increased to 77.0 points in Q4…
The total liquid foreign reserves held by the country stood at US$ 23,226.0 million as of 18-February-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
The new brand demonstrates the Group's commitment to become a global technology and investment conglomerate that accelerates the digital transformation journey while empowering societies. HH Sheikh Mansour Bin Zayed Al…
foodpanda, one of the leading e-commerce companies in Pakistan, today became the first e-commerce player in Pakistan to launch e-bikes on its platform for delivery riders. As part of the…
· Market witnessed bloodbath session today as Russia launched military operation against Ukraine, that ignited the negative fear across the globe that led to triggered redemptions among the mutual fund…
Treet Corporation (TREET) announced its 2QFY22 financial result today, where the company posted consolidated loss of Rs57mn (LPS: Rs0.31) against consolidated loss of Rs196mn (LPS: Rs1.00) in 2QFY21. The result…
The Karachi Port Trust handled 68,804 tons of cargo comprising 29,819 Tones of import cargo and 38,985 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…