Total deposits of scheduled banks reached PKR 17,086bn as compared to PKR 14,672bn recorded during last year same period, marking an increase of 16.4% YoY. However, on a monthly basis,…
FCEPL has posted a Net Loss after tax of PKR145mn for 4QCY20 (LPS: PKR0.19), mirroring LPS of PKR0.19 in 4QCY19. This takes CY20 NPAT to PKR177mn (EPS: PKR0.23) an improvement…
Building on the partnership announced in Pakistan in 2020, SadaPay and Mastercard are issuing the Middle East & Africa (MEA) region's first numberless and contactless enabled card, allowing users to…
RINSTRA and WALEE join hands to create entrepreneurship monetization opportunities for the youth by generating a US$ 150 million creative economy in the next 5 years through 'Jobs of Tomorrow.'…
ASTL reported earnings of PKR 1.05/sh in 2QFY20 (↑2.8x QoQ), taking 1HFY21 earnings to PKR 1.42/sh. The boost in earnings can mainly be attributed to higher local prices, volumetric growth…
District Governor 3271 Prof Dr Farhan Essa Abdullah and Rotary Club Karachi New Central held a grand fellowship event at Karachi Race Course, Malir earlier today. Commemorating Kashmir Day which…
DP World Limited handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 4Q2020, with gross container volumes increasing by 7.6% year-on-year on a reported…
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 suggested steps to…
Ilma University made its mark again by organizing an out of the box workshop of Documentary Making. Faculty of Media & Design took this initiative to invite an award-winning filmmaker…
· Market saw selling pressure at the beginning of the week, which was also observed in the last trading session when Index crossed 47K level. Profit booking was observed across…
Imran Maniar becomes managing director of Sui Southern Gas Company (SSGC). Hi is an accomplished professional with more than 30 years of strong track record in building, leading and advising…
President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra, while expressing deep concerns over the sudden stoppage of payments by National Saving Center (NSC), urged the government to…
• Pakistan's fiscal balance in the current fiscal year to date has weakened over prior year, with the deficit arriving at PKR 1.14trn in 1HFY21 (2.5% of GDP) compared to…
The COVID-19 pandemic impacted workers differently depending on their seniority, generation, and location C-Suite execs had a harder time adapting to virtual work than their employees Gen Z and Millennials…
The World Logistics Passport (WLP), a major policy initiative established to increase trading opportunities between emerging markets, announces India, Indonesia and South Africa as members. They join Colombia, Senegal, Kazakhstan,…
· Economic Coordination Committee (ECC) in a meeting held on 3rd Feb'21 decided to remove the dividend distribution cap on Mari Petroleum Company Limited (MARI). · The summary was put…
MCB is scheduled to announce its CY20 financial result on 9th FEB-21, wherein experts expect the bank to post PAT of PKR 29,348mn in CY20E as compared to PKR 23,947mn…
Mian Nasser Hyatt Maggo, President of Federation of Pakistan Chambers of Commerce and Industry while welcoming Brigadier Syed Waqar Haider Rizvi, Force Commander Anti Narcotic Force Karachi stated that repacking…
Fatima Jinnah Women University (FJWU) and Mishal Pakistan signed a memorandum of understanding (MoU) to create a hybrid pool of resources for knowledge sharing. Through this collaboration, FJWU and Mishal…
A good tech device with its features and services can help make life more convenient and entertaining, which is why tech gadgets have soared up to the top of gifts…
The State Bank of Pakistan (SBP) has recently released its draft policy for reducing the gender gap in financial inclusion in Pakistan. The policy recognizes various demand and supply-side barriers…
Turkey's unwavering support for the Jammu & Kashmir dispute was reiterated at an event organized by the Embassy of Pakistan in Ankara today. Chairman of the Environment Commission of the…
Gilgit Baltistan (GB) Chief Minister Muhammad Khalid Khursheed today called on the Pakistan Water and Power Development Authority (WAPDA) Chairman Lt Gen Muzammil Hussain (Retd). The matters relating to hydro…
Robust performance of the local bourse and positive investor sentiment continued going into February wherein the KSE index surpassed the 47K level during the week, which was last witnessed in…
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 the price…