·         As per the numbers released by NFDC, total urea offtake for the industry clocked in at 514k MT (+24%YoY/+5%MoM). The cumulative 10MCY21 numbers depict the growth of 12%YoY to…

-Net profit for the period stood at Rs. 5.78 billion (EPS Rs. 103.12) as against Rs. 2.15 billion (EPS Rs. 43.16) in the previous year, a growth of 40%. The…

The management of Hi-Tech Lubricants Limited (HTL) held a corporate briefing session Nov 24 to discuss the FY21 financial results and future outlook on the company's strategy going forward. Highlights:…

ILMA University made its mark again by organizing an out of the box episode of ILMA Experiential Learning Lecture Series. The University invited Mr. Amir Adnan an award-winning Fashion Designer…

Secretary of Foreign Affairs of the Philippines, Teodoro Locsin Jr., has urged WHO to consider "evolving and latest scientific information" to accelerate reduction in the global smoking incidence, adding that…

foodpanda, the leading e-commerce platform of the country, signed an agreement with Bank of Punjab to provide financing to registered foodpanda Homechefs under Prime Minister's Kamyab Jawan Youth Entrepreneurship Programme.…

In honor of the International Day for the Elimination of Violence Against Women and the 16 Days of Activism against Gender-based Violence (GBV), the U.S. government, through the Public Affairs section…

Urban Sole, a Leading shoe brand in Pakistan, has signed MoU with Jana shoes Gmb H&Co. KG Member of the Wortmann group Germany, a sole manufacturer and distributor in Pakistan.…

The State Bank of Pakistan released today its Annual Report on the State of Pakistan's Economy reviewing the fiscal year 2020-21. According to the report, Pakistan' economy rebounded during FY21,…

Digital transformation can help Pakistan unlock up to Rs.9.7 trillion (59.7 Billion USD) in annual economic value by 2030, equivalent to about 19% of the country's GDP in 2020, according…

· Federal Government gave green light to the 2nd payment to be made to IPPs in lieu of their outstanding receivables. The approval of the same by the Cabinet would…

Meezan Bank led consortium and Enertech Water Private Limited, have recently inked the facility agreements of PKR 25.5 billion Islamic Syndicated Project Finance facility, the largest financing facility raised for…

Since early 2020, Covid-19 put a stop to all social activities including fundraising events, across the globe. In Pakistan, education got a big hit! It became a challenge to continue…

Zonergy Solar development Pakistan has actively participated in 17th International Trade and Industrial Fair of Pakistan. The 3 days exhibition is organized by E-commerce pvt ltd which has witness leading…

The KSE-100 has lost more than 3% this week, with Friday's 150bps rate hike taking precedence over the IMF staff-level agreement. Secondary market yields have continued to climb, impacting sentiment…

Infinix NOTE 11, the new addition from the highest selling smartphone brand; is now available at outlets across Pakistan. The smartphone's ultra-sleek and light weight design, 6.67" vivid AMOLED display…

The President of the world's leading professional accountancy body, ACCA (the Association of Chartered Certified Accountants), is announced as Orla Collins. She lives and works in Dublin and takes on…

Zong 4G, Pakistan's largest telecommunications carrier, has upgraded its famous My Zong App (MZA) with various new and interesting features as part of its mission to drive digital innovation and…

The U.S. Embassy's Regional English Language Office, in coordination with Cengage, National Geographic, and Allied Book Company, donated 26,500 books to over 5,300 students and alumni of the U.S. Government's…

International Packaging Films Limited (IPAK), a leading name in the packaging industry of Pakistan, signed an MoU with renowned supplier BOBST for a Metalizing Machine for IPAK's subsidiary, Global Packaging…

In celebration of International Education Week, the U.S. Embassy in Islamabad's Regional English Language Office is pleased to announce the next set of classes for the English Access Microscholarship Program…

We raise our EPS estimates for MEBL by 7% on average as we build in higher interest rates, stronger balance sheet growth (backed by c.19% CAR), and a resultantly higher…

President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees has said that KCCI fully supports general industries' resistance against suspension of gas supplies as it would not only affect…

NML held its analyst briefing today to discuss FY21 results and future outlook of the company. To highlight, the company reported unconsolidated NPAT of PkR3.3bn (EPS: PkR9.36) in 1QFY22 vs.…