After having a couple of tough years, tides have turned in favor of PIBTL as the company has achieved a utilization level of ~80% in 9MFY21. Note that the company…

Meezan Bank, the Best Bank in Pakistan has announced the provision of corporate & transaction banking services to Tufail Group– one of the largest manufacturers of industrial chemicals in Pakistan.…

The Karachi Port Trust handled 126,488 tons of cargo comprising 80,186 Tones of import cargo and 46,302 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

1)    APTMA is the premier trade organization of Textile Sector, with members responsible for 60% by value of all direct exports. APTMA membership includes representation from all segments of textile value…

Truck It In announces MENAP's largest Pre-Seed funding round of $1.5 million to transform Pakistan's road freight industry. The round was led by Global Founders Capital, a global seed and…

Executive Vice President PTCL (South) Zaheer Achakzai has said that PTCL has remained focused on improving its quality of service by upgrading the infrastructure that led to improving the profitability…

UPaisa and Abacus entered into a strategic partnership for the launch of a mobile application which simplifies cashless transactions and expands access to better financial services. Through the innovative offering,…

· Market traded in a narrow range between -198pts and +155pts, closing the session +104pts (unadjusted). Main board scrips have largely been in consolidation and today was no different. Banking…

Kohat Cement Company Limited (KOHC) announced its 3QFY21 financial result today, posting a profit after tax (PAT) of PKR 1,059mn (EPS: PKR 5.27), compared to a loss of PKR 381mn…

We expect combined earnings of IMS Fertilizer cluster to surge nearly 2x yoy to PKR13.7bn in 1QCY21. This is mainly driven by (i) higher offtake of all major fertilizers (except…

SINA Welfare Trust aims to facilitate and provide primary healthcare services to people keeping in mind the basic financial hurdles, economic challenges, unemployment crisis and mobility issues. The services provided…

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 sharp…

Indus Hospital and Health Network (IHHN), a multidisciplinary state-of-the-art hospital providing free healthcare, has selected ST Infosystems Private Limited, a member of the Oracle Partner Network to help deploy Oracle…

Chief Commissioner Corporate Regional Tax Office (CRTO) Karachi Federal Board of Revenue (FBR) Dr. Aftab Imam, after listening to the viewpoint of business community, assured to analyze the issue of…

Parwaaz, HBL and Institute of Bankers Pakistan (IBP) signed a Memorandum of Collaboration (MoC) to develop a skilling program for Parwaaz's financial services incubator. The incubator will equip current and…

Pakistan's number one 4G operator and the largest internet and broadband service provider, Jazz has initiated an organization-wide COVID-19 vaccination drive, which includes its permanent and contractual employees. Keeping in…

LUMS hosted its first-ever virtual homecoming event, which brought together the growing alumni community from all corners of the world. The much-awaited annual event held recently consisted of a variety…

Pakistan Stock Exchange (PSX) hosted Governor State Bank of Pakistan (SBP), Dr Reza Baqir at its Gong Ceremony to mark the beginning of a new chapter of cooperation between SBP…

Pakistan Telecommunication Company Limited (PTCL), the country's leading telecom and ICT services provider, has announced its financial results for the quarter ended March 31, 2021 at its Board of Directors'…

Dawlance is celebrating its 40th Anniversary by introducing a new range of high-performance home-appliances. With extensive research, this technology-leading enterprise of Pakistan, has gained deep insights about the evolving needs…

· Market took toll from possibility of imposition of lock down in the light of NCOC proposal, although a firm decision is yet to be taken. Selling pressure was evident…

Emirates' one-of-a-kind flight EK2021 proudly made a journey across the different emirates today, to celebrate the UAE's remarkable progress in vaccinating its citizens and residents from COVID-19 through a national…

Japan emerged as model country for tobacco harm reduction when it reduced its smoking rate by nearly a third in a span of three to four years since the introduction…

Following the resumption of the IMF EFF Program and disbursement of a third tranche of US$500mn in late March 2021 (total disbursement: US$2.0bn since July 2019), major performance targets have…

Dr. Wang Chenglu, Huawei Consumer BG Software Engineering Dept President and AI and All-scenario Intelligence Business Unit Director, delivered a speech themed Connecting to a Simpler Life at the TEDxHouHai…