ACCA (the Association of Chartered Certified Accountants) announces the pass rates of its latest exam sitting for September 2020. After two sessions in which there was much disruption around the…
As the concerns over political uncertainty withered away, Investors fixed gaze on the upcoming FATF plenary session and the quarterly results. Positive expectations on both counts helped the Index post…
BankIslami, one of the most technologically advanced Islamic bank with 340+ branches in more than 116 cities, wins Pakistan IP Excellence Award 2020 in the category of "Best IP Management"…
Cargo handling activities of Karachi port during last 24 hrs ending 0700 Ships Berthed 04 Ship berthed at Karachi Port, their details are given below. SZCZECIN TRADER CONTAINER SHIP STENA IMMACULATE TANKER…
TPL Life, a leading insurtech in Pakistan, has partnered with Mobilink Microfinance Bank Ltd. (MMBL), Pakistan's largest digital bank to launch "Corona Tahaffuz," an insurance product designed for MMBL's customers…
Governor SBP Dr. Reza Baqir inaugurated the Polyculture Forest at Pakistan Security Printing Corporation (PSPC) Karachi. He was briefed about the project in detail by the management. The Polyculture Forest…
BASF has entered a partnership with Gas and Oil (GO) Pakistan to help vehicles improve fuel efficiency and reduce their environmental impact. A memorandum of understanding (MoU) was signed in…
AS per the SRO#1037 on Monday, October 12, 2020 issued by the Ministry of Energy (Power Division), Karachi's power tariff has been brought at par with the rest of the…
Deposit Protection Corporation (DPC) is pleased to announce the formal launch of its website, accessible at http://www.dpc.org.pk. Through this website DPC has embarked upon a more depositor-centric and responsive public…
Engro Fertilizer Limited (EFERT) is scheduled to announce its 3QCY20 financial result on Oct 21st, 2020. We expect the company to post a profit after tax (PAT) of PKR 3,706mn…
Careem, the everyday Super App of the greater Middle East and Pakistan, has expanded its food delivery service to Lahore. Customers can now order food right from the Careem Super…
ILMA University celebrated Breast Cancer Awareness Month of October in collaboration with the Governor House on Monday, 19th October 2020 at its Main Campus Auditorium. The supreme topic under discussion…
On account of International Day for Eradication of Poverty, Pakistan Poverty Alleviation Fund (PPAF) organized asset distribution ceremony in Shangla and Lakki Marwat, Khyber Pakhtunkhwa under the second phase of…
VMware, Inc., a leading innovator in enterprise software, today announced new advancements to its intrinsic security portfolio, giving Pakistan's organizations the capabilities to better secure their business in the new…
The Hub Power Company Limited through its wholly owned subsidiary, Hub Power Holdings Limited, is in the process of finalising issuance of an Islamic Shariah compliant sukuk. This represents Hubco's…
According to a statement, the TikTok app has been unblocked in Pakistan. We appreciate the PTA's commitment to ongoing productive dialogue and recognize their care for the digital experience of…
Market discounted the anticipated negative impact of the demonstration and gathering conducted by the combined Opposition parties against the incumbent government. Investor sentiment was already dampened at the close of…
Jubilee Life Insurance, Pakistan's leading insurance provider in the private sector, is partnering with EasyInsurance.com.pk, the country's fastest-growing insurance aggregator to offer cutting-edge insurance policies at the consumers' fingertips through…
President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday asked the government to prevent looming food crisis by expediting…
Deputy Governor State Bank of Pakistan Sima Kamil has assured that Small & Medium Enterprises (SMEs) sector would be facilitated on priority basis. She was addressing a meeting at the…
Earlier this week RapidCompute, Pakistan's largest local cloud service provider, announced the formal launch of its Cloud Services designed especially for the Banking Sector and Financial Institutions. The company has…
Faysal Bank Limited (FBL) has joined hands with IGI Life at Faysal House in Karachi, as one of its Banca-Takaful partners to launch new products with Life and Health coverage…
IMS Cement Universe is expected to return to profits in 1QFY21, with combined net profits estimated at PKR2.28bn compared to losses of PKR2.26bn in the previous quarter. This includes the…
After the worst quarter (4QFY20) since the oil price collapse of 2014-16, E&Ps' profitability is expected to improve meaningfully in 1QFY21, thanks to normalized production levels and recovery in international…
Total exports in September 2020 clocked in at US$1.9bn compared to US$1.6bn in August 2020, up 19% mom and 7% yoy. This takes total exports in 1QFY21 to US$5.5bn (flat…