Pak-Qatar Takaful Group in collaboration with IBA-CEIF (Centre for Excellence in Islamic Finance) recently organized a webinar session on understanding Takaful. Mufti Hassaan Kaleeem (Chairman, Shariah Board-Pak-Qatar Takaful Group) and…
Al-Ghazi Tractors (AGTL) reported 2QCY20 NPAT PKR270mn (EPS: PKR4.65), compared to a profit of PKR396mn (EPS: PKR6.84) in the same period last year and a profit of PKR166mn (EPS: PKR2.86)…
Keeping in view the significant potential of Islamic Banking Windows (IBWs) in enhancing the share and outreach of Shariah compliant financial services and increase in financial inclusion, SBP has issued…
President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Wednesday said the world is…
The micro-finance programme, in collaboration with Akhuwat, will provide support to the small businesses which are impacted by the ongoing pandemic and its aftermaths. Karachi: METRO Pakistan is all set…
Emirates has announced it will resume flights to Nairobi (from 2 August), Baghdad and Basra (from 10 August), expanding its growing network, and offering customers around the world more convenient…
Telecommunications leaders and experts from Pakistan and across the world recently virtually attended the SAMENA Telecommunications Council Leaders' Summit to review plans for unleashing the potential of 5G networks to…
Enabling the youth by connecting them to what matters most, Telenor Pakistan has joined hands with Ministry of Information & Technology (MoIT) and Virtual University (VU) to introduce subsidized internet…
The market opened on a positive note today with +158pts and posted a total gain of 480pts, ending the session +419pts (unadjusted). The banking sector remained in the limelight, which…
BASF has signed an agreement of cooperation with the Muhammad Nawaz Shareef University of Agriculture, Multan (MNS-UAM) to support the development of the agricultural industry in Pakistan. Under this agreement,…
Jubilee Life Insurance, Pakistan's leading private sector life insurance provider, has been awarded the prestigious Effie Award in the Insurance Category at this year's awards ceremony which was held virtually.This…
With this partnership, Careem Captains can now get free round-the-clock tele consultation services from Sehat Kahani, from the comfort of their homes. Extended support provided to Careem Captains in terms…
In a bid to augment customer experience, Zong 4G, Pakistan's leading cellular and digital service provider, has upgraded its self-service app. To meet the ever-changing needs of its customers, Zong…
Prime Minister's Advisor on Commerce and Trade Abdul Razzak Dawood has categorically said that there is no consideration of extending tenure of trade bodies office bearers and even the law…
Government approves GST reduction on tractors; big catalyst for sales The Pakistan government has approved the subsidy on tractors amounting to PKR1.5bn,which was announced in May as part of PKR50bn Agriculture support…
K-Electric (KE) has reiterated that no unscheduled load-shed is being carried out in any part of the city. Segmented load-shed (SLS) which is in line with the National Power Policy…
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…
iTecknologi Group of Companies has posted an annual revenue of PKR 100 Crores during the FY 2019-20. The management lead by the Group Chief Executive Officer - Mr. Salman Hussain,…
Following SBP's decision to defer Monetary Policy for next 2 months, gave banking scrips the much needed impetus to rally. Anticipation of further rate cut died with SBP's decision and…
To counter the negative impact of Covid-19 on the economy, State Bank of Pakistan (SBP) introduced a Refinance Scheme to Support Employment and Prevent Layoff of Workers, commonly known as…
Bank Alfalah & National Institutional Facilitation Technologies (NIFT) announced their strategic collaboration on NIFT's digital financial services platform "NIFT ePay", which is an industry first, enabling bank accounts for e-commerce…
DP World LTD handled 33.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2020, with gross container volumes decreasing by 5.3%…
President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said unprecedented and continued…
As per the data released by NFDC, urea offtake for Jun'20 increased 4.9x/81% MoM/YoY to 1.16mn tons. The sequential increase in offtake was witnessed industry-wide, due to a combination of…
Fauji Fertilizer Company Ltd (FFC) has posted 2QCY20 NPAT of PKR4.9bn (EPS: PKR3.83), down 6% yoy, taking 1HCY20 profitability to PKR9.1bn (EPS: PKR7.18), up 3% yoy. The 2Q result was…