Boskalis announces that it has been awarded an inter-array cable installation contract by Ørsted for the German Borkum Riffgrund 3 and Gode Wind 3 offshore wind farms. The contract includes…
Dawlance is the #1 home-appliances brand of Pakistan and a subsidiary of Arcelik – the largest Turkish enterprise and the 2nd largest manufacturer in Europe. Dawlance has now become the…
MCB held its conference call today whereby they discussed the banks' financials and its outlook. The call was led by the CFO Mr. Hammad Khalid. Highlights: MCB announced earnings for…
Members of a delegation from Jama Alliance Market Association (JAMA), while expressing deep concerns over rising incidents of thefts in the Jama Markets and the poor behavior of police officers…
The U.S. Embassy Islamabad celebrated 59 successful Pakistani entrepreneurs during Global Entrepreneurship Week. Together, these 59 grant recipients are on track to create 3,552 new full-time jobs, generate $21 million…
Indus Motor Co. (INDU) posted 1QFY22 NPAT of PKR5.4bn (EPS: PKR69.02), up 23% qoq (c.3x yoy, distorted due to Covid-19 lockdowns). This was due to a 37% qoq rise in…
KATI is a very active association, which is playing an important role in industrial development. We were planning for a project of Urban Forest on Malir Naddi, since KATI has…
'Pakistan Boulevard' was inaugurated in Izmir by Mayor Tunç Soyer today. Ambassador of Pakistan in Turkey Syrus Sajjad Qazi, Honorary Consul General of Pakistan in Izmir Cahit Yasar Eren, Mr…
Foreign Affairs Secretary Teodoro Locsin Jr. called on the World Health Organization "to regain the momentum" of tobacco control and consider "evolving and latest scientific information" in solving the global…
Naheed Supermarket, one of the leading names in retail shopping in Pakistan, has signed up with HBL Pay to enable Transaction & Employee Banking Services. The agreement covers enablement of…
Bank Islami Pakistan Limited (BIPL) and Elahi Group of Companies (EGC) / Zafar Agencies (ZA) have filed a compromise agreement in the Honourable Sindh High Court through which all liabilities…
Pakistan-based fintech Savyour, which developed the country's first cashback app and pay-per-sale affiliate marketing network, has raised US$3.3 million in a seed round co-led by Global Founders Capital and Zayn…
Procter & Gamble (P&G) today announced extension of its Gender Equality initiative, under the P&G #WeSeeEqual program, with Health Oriented Preventive Education (HOPE) for women's skill development and girls' education.…
· Bloodbath session was witnessed today due to the further weakening of Pak rupee against dollar, concerns on inflation and resumption of foreign selling spree. Market opened on a bleak…
The Karachi Port Trust handled 205,427 tons of cargo comprising 116,834 Tones of import cargo and 88,593 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced that United Bank Limited (UBL), one of the largest private banks in Pakistan, has tapped its solutions to…
· Local cement dispatches declined by 5%YoY for Oct'21 where Northern region witnessed a decline of 8%YoY while South posted an increase of 11%YoY. Sequentially, 15%MoM increase was witnessed in…
Arena of Valor Asian Games Version was named an official esports event at the 2022 Asian Games by the Olympic Council of Asia (OCA), The Hangzhou 2022 Asian Games Organizing…
Pakistan Textile: Local yarn margins to remain strong in FY22 · Local yarn margins currently stand at PkR261.5/kg or +61% vs PkR214.4/kg or +55% FYTD due to robust demand of…
Khushhali Microfinance Bank Limited is a leading financial-institution of Pakistan, which has, once again, won the 'Best Microfinance Bank Award' 2020, at the 18th annual Excellence-Awards ceremony, recently orchestrated by…
The Karachi Port Trust handled 245,744 tons of cargo comprising 145,512 Tones of import cargo and 100,232 Tons of export cargo during last 48 Hrs ending at 0700 Hours. TOTAL…
Standard Chartered Bank, a globally leading financial institution operating in Pakistan has recently signed an agreement with National Institutional Facilitation Technologies (NIFT) – a specialised institution for enabling digital commerce…
· Market continued to remain range-bound today as inflationary concerns heated up among investors after the statement came from Adviser to the Prime Minister on Finance that IMF has asked Government…
High Commissioner of Nigeria Mohammed Bello Abioye has said that although an agreement was signed for setting up joint Chamber of Commerce & Industry between Nigeria and Pakistan in 2015…
On Monday, Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said increasing the price…