Advisor to Chief Minster Sindh on Law, Environment, Climate Change and Coastal Development Barrister Murtaza Wahab will be visiting the Karachi Chamber of Commerce & Industry (KCCI) on Wednesday, 3rd February 2021 at 11:00AM to attend…

President Karachi Chamber of Commerce & Industry (KCCI) M. Shariq Vohra presenting crest to Director General Frontier Works Organization (FWO) Maj. Gen. Kamal Azfar during his visit to KCCI. Vice…

As per latest monthly numbers (Jan'21), oil sales posted a healthy increase of 12.4% YoY to close the month at 1.5mn tons. However, on an MoM basis there was a…

The Orange Line Metro Train System (OLMRTS) successfully completed its first 100 days of operations on February 02, 2021 while ensuring strict implementation of all the necessary standard operating procedures…

National Foods Limited (NFL) has recently been bestowed with the prestigious - Dr. Ruth Pfau CSR Award 2021 from Marie Adelaide Leprosy Centre (MALC) – the most renowned institution providing healthcare…

Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum, Dubai today launched the Vaccine Logistics Alliance…

Federal Parliamentary Secretary on Ministry of Inter-provincial coordination Syma Nadeem has assured the industrialists that Karachi is the center of attention for Prime Minister Imran Khan. She was addressing a…

·   Signing of IPP's agreement by HUBC motivated the Investors to take positions in PSO and HUBC, resulting in HUBC driving the market with an overall increase of 394pts during the…

The Government of Pakistan's Higher Education Commission (HEC) celebrated the 16th anniversary of the Merit and Needs-Based Scholarship Program (MNBSP), which is administered in partnership with the United States Government…

Bullish momentum continued with the KSE-100 rising 6.0%mom in January 2021 (vs. 6.5% mom in Dec'20) led by optimism on Covid-19 vaccine availability in Pakistan, and SBP's guidance on gradual…

BMA Auto universe is expected to showcase an improvement in profitability to PKR 5.4Bn (↑ 4.8x/1.5x, YoY/QoQ) for the quarter ended Dec' 20, primarily on account of higher unit sales…

National CPI decelerated sharply to 5.7% yoy in January 2021 vs. 8.0% yoy in December 2020 (down 0.2% mom). Urban CPI fell to 5.0% vs 7.0% yoy in the previous…

A shipment of 2,078 U.S. cattle arrived at the port of Karachi on January 27, 2021. As a result of the strong partnership between the U.S. Department of Agriculture and…

The Karachi Port Trust handled 302,423 tons of cargo comprising 228,131 Tones of import cargo and 74,292 Tons of export cargo during last 48 Hrs ending at 0700 Hours. TOTAL…

Indus Motor Company (IMC) has signed a MoU with The Citizens Foundation (TCF), renewing its pledge, for the 13th running year, to provide quality education from grass root level to the…

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 agriculture…

Mian Nasser Hyatt Maggo, President FPCCI was pleased to receive Mr. Farman ullah Zarkoon CEO Baluchistan Board of Investment and Trade (BBIT) along with his team at FPCCI Head Office…

Bank Alfalah and The Beaconhouse Group – one of Pakistan's largest private school networks - have signed a memorandum of understanding (MoU) to facilitate personal loan financing solutions for the…

Mr Irfan Siddiqui, President and CEO, Meezan Bank Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2021 term. This was…

·      Market re-tested a high towards 47k level today and again met profit booking around 46,700 level, bringing down the Index by 173pts (unadjusted). During the session, the index oscillated +377pts…

President Korangi Association of Trade & Industry (KATI) Saleem-uz-Zman has urged the government for establishing a comprehensive policy frame work for gas supply to industries and hoped that the government…

Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum, Dubai today launched the Vaccine Logistics Alliance…

OGDC: Profitability to plunge by 24% YoY in 2QFY21 We expect OGDC's earnings in 1HFY21 to arrive at PKR 42,964mn (EPS: PKR 9.99), down by 19% YoY. The fall is…

Power generation went up by 4.3% YoY to 7,880 GWh (10,591 MW) during Dec'20, compared to 7,557 GWh (10,157 MW) during Dec'19. Major contributors during Dec'20 were Coal (Share: 29%),…