International Human Rights Commission (IHRC) has appointed Mr Asim Irshad as their Ambassador in the Islamic Republic of Pakistan for the next two years. A press note from the Office…

Overseas Investors Chamber of Commerce and Industry (OICCI), the collective body of top 200 multinational companies in Pakistan, expressed its shock and dismay at the action of the FBR Large…

Pakistan's number one 4G operator and largest internet and broadband service provider Jazz invested over PKR 3.7 billion during the 3rd quarter of 2020 with a strategic focus to expand…

ACE Money Transfer, a leading cross-border remittance provider, today advanced its services and partnership with Bank Alfalah by launching a mega incentive campaign for its customers sending remittances to Pakistan…

Pakistan's number one 4G operator and the largest internet and broadband service provider is amongst the largest taxpayers and the biggest foreign investors with an investment of over US$ 9.5…

Fauji Cement Company Ltd (FCCL) posted 1QFY21 NPAT of PKR696mn (EPS: PKR0.50), as compared to our estimate of PKR234mn (LPS: PKR0.17). Higher gross margins because of a steep rise in…

Standard Chartered Bank (Pakistan) Limited today announced its Q3 Results for 2020. The Bank delivered a resilient financial performance in Q3 2020 with year to date Profit before tax of…

Oil & Gas Development Co. Ltd (OGDC) has posted a NPAT of PKR23.4bn (EPS PKR5.45) for 1QFY21, up 43% qoq but down 14% yoy, beating our estimate of PKR4.60/sh. Like…

President Pakistan Businessmen and Intellectuals Forum and former provincial minister Mian Zahid Hussain on Wednesday expressed concern over terror incidents and rising political temperature in the country. Political confrontation between…

Fauji Fertilizer Company Limited (FFC) announced its financial result today where the company posted earnings of PKR 4,628mn (EPS: PKR 3.64) during 3QCY20 in contrast to PKR 3,563mn (EPS: PKR…

HUBC posted 1QFY21 consolidated NPAT of PKR8.14bn (EPS: PKR6.28), up 46%yoy, and up 20%qoq. This is a decent result by HUBC pulled by higher profits from its associate – CPHGC…

SHFA held its FY20 analyst briefing to discuss the hospital's performance and expansion projects in the pipeline. To recall, SHFA reported unconsolidated FY20 NPAT of PKR505mn (EPS: PKR8.18), down 35%yoy…

Mughal Iron & Steel Industries Limited (MUGHAL) announced its result for 1QFY21 wherein the company reported a PAT of PKR 352mn (EPS: PKR 1.40) compared to PKR 193mn (EPS: PKR…

Santex Products, one of the first manufacturers of feminine hygiene products in Pakistan, has partnered with the Institute of Business Administration (IBA), Karachi, to promote awareness around the need to…

PSDF's success lies in operating through an output-based model and partnering with industries to provide market relevant trainings that are directly linked to sustainable income opportunities. PSDF's Industrial Training Program…

The leadership of Businessmen Group and Office Bearers of the Karachi Chamber of Commerce & Industry, while strongly condemning the republication of blasphemous caricatures in France and the Islamophobic remarks…

The Board of Directors of Shell Pakistan Limited ('SPL') announced the third quarter results for the company on 28 October. The company posted an after tax profit of PKR 1,812…

In line with its commitment to strengthening the pillar of connectivity and providing high-quality broadband services across the length and breadth of the country, Telenor Pakistan has bagged the Network…

Group photo with SM Muneer Patron-in-Chief of United Business Group, S. Khalid Tawab Federation Presidential Candidate, Mian Zahid Hussain, National Business Group Allauddin Murree, Zubair Tufail, Sheikh Omar Rehan Former…

To mark the Global Ethics Day 2020, ACCA (the Association of Chartered Certified Accountants) joined forces with CFA Society Pakistan, HBL, ICMA Pakistan, Pakistan Stock Exchange Limited (PSX), and the…

Byco Petroleum Pakistan Ltd. (BPPL), Pakistan's largest oil refining company, today reported financial results for the three months ended 30 September 2020. The company recorded a 23% decrease in gross…

The Board of Directors of Indus Motor Company (IMC) released its financial results for the first quarter ended September 30, 2020. The Company's combined sales of Complete Knocked Down (CKD)…

Market traded range bound today between +306pts and -312pts, closing the session in red with -237pts (unadjusted). Investors have lately been discounting the back to back good corporate results on…

In line with directive of Prime Minister of Pakistan Mr. Imran Khan on reaching out to the public through holding Khuli Kachehris by organizations under the Federal Government, Chairman National…

Infinix Pakistan has opened an advanced and innovative experience store in the metropolitan hub of the country, Karachi, with a grand opening ceremony. The flagship venue is located at Abdullah…