A delegation of 10 leading Chinese companies undertaking business ventures in critical sectors including energy, communication, agriculture, science and technology, financial sector and industry called on Prime Minister Imran Khan.…
SAP in collaboration with Siemens hosted their biggest annual event, SAP NOW, virtually. The event, which was accessible to all those who registered, hosted both, international and local customers of…
Operating three new routes from London Heathrow to Lahore, London Heathrow to Islamabad, as well as from Manchester to Islamabad; these direct flights and new services will go on sale…
The total liquid foreign reserves held by the country stood at US$ 19,722.4 million on 21-August-2020.The break-up of the foreign reserves position is as under:- Foreign reserves held by the…
Electricity generation of hydel power stations owned and operated by Pakistan Water and Power Development Authority (WAPDA) surpassed 8500 megawatt (MW) mark for the first time in Pakistan, as WAPDA…
Because of its importance for the development of irrigated agriculture and poverty alleviation in remote areas of Balochistan leading towards the eradication of extremism from the province, Pakistan Water and…
Attock Petroleum Ltd (APL) has posted a NPAT of PKR138mn (EPS PKR1.38), better than a loss of PKR710mn in 3QFY20 (nearly complete earnings erosion yoy). This is also better than…
President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan, while expressing deep concerns over the disaster suffered by Karachi due to torrential rainfalls, urged the government to…
As per NFDC data, Urea offtake during July 2020 clocked in at c.574,885 tons, up 24% yoy but down 51% mom. On a cumulative basis, however, total Urea offtake in…
Ships Berthed 04 Ship berthed at Karachi Port, their details are given below. HANKUK CHEMI TANKER DIYALA CONTAINER SHIP KMTC DUBAI CONTAINER SHIP MSC JESSENIA CONTAINER SHIP Ships Sailed 02 Ship has sailed off…
In a statement issued in local press, K-Electric expressed grief over the electrocution incidents reported from Karachi through local press during the ongoing monsoon spell. As a caring corporate entity,…
The market continued the ascent from yesterday's level and added a total of 602pts during the session, closing the session +570pts (unadjusted). Banking sector performed well today, which brought the…
The Huawei ICT Academy program will increase the number of training slots for Pakistani students four fold, from 800 per year to over 3,000 per year. A strategic Memorandum of…
In pursuance to government directives, the first marine vessel "Y M SUMMIT" carrying 60,804 metric tonnes Ukrainian wheat has reached Karachi Port today from Said Port, Egypt. This Marshal Island…
President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Monday said Karachi is the financial, commercial and industrial capital of…
The Board of Directors of Bank Alfalah Limited in its meeting held on August25, 2020, approved the Bank's unaudited condensed interim financial statements for the half year ended June 30,…
Zong 4G, Pakistan's leading cellular and digital services provider, has partnered with Easypaisa to offer users another convenient mobile top-up option. The development is part of Zong's Online Recharge options…
The donor-funded TVET Sector Support Programme handed over 50,000 Personal Protective Equipment (PPE) kits and 40,000 surgical masks to the government of Sindh today in a small ceremony held at…
On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 6.13 billion after taking out PKR 1.19 billion attributable to non-controlling interests for the fiscal year…
Bank Alfalah (BAFL) announced its 2QCY20 results today in which the bank recorded a Profit After Tax (PAT) of PKR 2,763mn (EPS: 1.55), down 10.5%/15.5% on YoY/QoQ. During 1HCY20, earnings…
Pakistan Bureau of Statistics (PBS) is scheduled to announce the CPI figure for the month of Aug-20 on Tuesday, September 01. 2020). We expect the CPI to settle at 8.35%…
The Oil and Gas Development Company Limited (OGDCL) as operator with (50 percent) share, Mari Petroelum Company Limited (MPCL) 33.33 percent and Saif Energy Limited (SEL) 16.67 percent share have…
TPL Trakker, Pakistan's leading IoT Company providing Tracking, Telematics, and Location Based Services and Solutions, has partnered with Jazz, Pakistan's leading digital services provider, to collaborate on innovative new technologies…
The Market opened on a positive note today and carried the momentum by adding a total of 538pts and closing the session +490pts (unadjusted). Banking sector stocks advanced today and…
"Central Depository Company of Pakistan Limited (CDC) to facilitate investment by Non-Resident Pakistanis in the Pakistan Stock Market through Roshan Digital Account with designated large-scale banks" said Mr. Badiuddin Akber,…