Meezan Bank, Pakistan's leading Islamic bank recently held the Pakistan Final of CFA Institute Research Challenge 2020-2021 at Meezan House, in an event hosting the Winner and Runner-Up Teams of…
Pakistan state owned- Oil and Gas Development Company Limited (OGDCL) as operator (100 percent) of Jandran Exploration Licence has discovered gas from its exploratory well Jandran X-04, which is located…
Engro Fertilizers Limited, a premier Pakistani fertilizer manufacturing and marketing company and a subsidiary of Engro Corporation, has accelerated its digitization at an unprecedented pace through the gamification of the…
Workers' remittances rose to an all-time monthly high of $2.8 billion in April 2021, 56 percent higher than during the same month last year. On a cumulative basis, remittances have…
The fact that short videos are absolutely booming in popularity should come as no surprise. We're leading increasing busy lives with short breaks during the day. We don't have the…
In April 2021, auto industry sales fell 17% mom to c.17,000 units, on account of lower production and reduced working hours during the month of Ramadan, while tightening of restrictions…
Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said the economy…
· First trading session after a long Eid vacation, the Market opened +347pts, courtesy LUCK & TRG. MSCI EM review during the off period saw inclusion of LUCK and TRG…
Pakistan's largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has posted strong financial results during the first quarter of 2021 as showcased by its quarterly financial statements. MMBL recorded a…
The total liquid foreign reserves held by the country stood at US$ 22,910.3 million on 07-May-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…
Pakistan footwear industry has submitted proposals to the ministry of finance aimed at to boost the production and export of the footwear industry in Pakistan. Federal Minister for Finance Shaukat…
After very strong profit delivery in 1QCY21 (EPS: PKR1.92), we raise our CY21f EPS estimates for BAFL by 10% to PKR6.30 but leave subsequent projections largely unchanged. As a result,…
The Karachi Port Trust handled 240,104 tons of cargo comprising 173,623 Tones of import cargo and 66,481 Tons of export cargo during last 48 Hrs ending at 0700 Hours. TOTAL…
Committed to its resolve to support the Sustainable Development Goal 2 - Zero Hunger, Indus Motor Company (IMC) in partnership with the Saylani Welfare International Trust (SWT) distributed food rations…
MOL Pakistan Oil and Gas Company B.V. donated hand sanitizer and personal protective equipment (PPE) including face masks and disposable gowns to help tackle the third wave of the pandemic…
Secretary of State Antony J. Blinken spoke today (May 16) with Pakistani Foreign Minister Shah Mahmood Qureshi and highlighted the importance of continued cooperation on the Afghan peace process, Pakistan's…
Effective from May 17, 2021, the State Bank of Pakistan will revert to normal office hours, which shall also be followed by all banks / DFIs / MFBs as under:…
The Morgan Stanley Capital International (MSCI) announced its Semi Annual Review (SAIR) outcome earlier this week, whereby Pakistan now has a weight of 0.023% compared to 0.016% previously. Additionally, Pakistan's…
Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said COAS General…
Royal Boskalis Westminster N.V. (Boskalis) announces that the Annual General Meeting (AGM) of Shareholders (the Meeting) adopted the 2020 annual financial statements earlier this week. The Meeting discharged the members of the Board of Management for their management as well as the Supervisory Board for their supervision. Dividend…
Delivering on its commitment to bring first-to-market insurance products in Pakistan, TPL Life, a leading Insurtech in Pakistan, has launched 'Roshan Zindagi,' a unique insurance plan designed to facilitate Non…
Ali Haider Zaidi, Federal Minister for Maritime Affairs, has committed to FPCCI President that Demurrage/Detention charges incurring over the extended Eid Holidays/Lockdown will be waived. Mian Nasser Hyatt Maggo led…
Mian Nasser Hyatt Maggo, President FPCCI, has said with deep concern that the restaurant industry is in dire need of government support and facilitation as it is severely affected after…
Indus Motor Company Limited (INDU) held its analyst briefing session last week to discuss the critical outcomes of 3QFY21 and 9MFY21 results. To recall, the company posted a PAT of…
Thal Limited (THALL) posted 3QFY21 consolidated NPAT of PKR1.6bn (EPS: PKR20.29), up 46% yoy due to an increase in sales of the Engineering segment amid surge in overall Auto industry…