The local bourse has been demonstrating a rather range bound activity over the last two months, with the KSE-100 averaging at the 45K level. The index witnessed a high and…

Almost two decades after its inception in 2002, Sada Welfare Foundation is continuing its great work of serving humanity, especially sick children, free of cost. They announced here earlier today…

CEO Ignite, Mr. Asim Shahryar Husain, visited the National Incubation Center at LUMS, Lahore (NICL), where he praised the efforts of the team and the superior facilities saying, "This visit…

As a recognition for its efforts in inclusion and empowerment for all, Telenor Pakistan's Digital Birth Registration in partnership with Unicef, has won a bronze medal for Public Relations in…

As Earth Day is observed around the world today, new research on sustainability, commissioned by Mastercard, reveals a marked increase in consumer passion for the environment, as personal attitudes toward…

President Karachi Chamber of Commerce & Industry (KCCI) Shariq Vohra has stressed that the Customs Department has to seriously focus on improving its efficiency and expedite procedures because the delays…

The Covid-19 pandemic continues to be an unprecedented global challenge that is, to date, having devastating effects on public health, economies, and societies around the world. As vaccination programs roll-out…

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 Friday said the plan…

Mobilink Microfinance Bank Limited has signed four (4) Memorandums of Understanding with key social welfare organizations across Pakistan to foster efficient donations/ ZAKAT collections and aid in their respective disbursements.…

Fauji Cement Company Limited (FCCL) announced its 3QFY21 results today, posting PAT of PKR 1,010Mn (EPS: PKR 0.73), up 12% QoQ. The company's 9MFY21 earnings cloaked-in at PKR 2,611Mn (EPS:…

Times Higher Education Impact Ranking has ranked ILMA University No. 1 in SDG1 in the entire Sindh and ranks among the top 300 universities of the world to have triumphantly…

DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH, a wholly owned subsidiary of KfW Group based in Cologne, Germany, has acquired a 19.9% equity stake in TPL Insurance by investing PKR…

The Karachi Port Trust handled 138,550 tons of cargo comprising 93,170 Tones of import cargo and 45,380 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

The Board of Directors of Meezan Bank Limited in its meeting, held at Karachi on April 20, 2021 approved the unaudited financial statements of the Bank for the quarter ended…

· Market declined further by 566pts during the session, again in anticipation of lock down at national level that caused investors to adopt cautious approach and avoid taking new positions.…

Lotte Chemical Pakistan (LOTCHEM) has posted a net profit of PKR1.6bn for 1QCY21 (EPS: PKR1.08), up a massive 28.0x yoy and 51% qoq. The qoq increase can be attributed to…

The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter financial results on April 22nd. The company posted a profit after tax of PKR 1,948 million compared…

The total liquid foreign reserves held by the country stood at US$ 23,212.8 million on 16-April-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…

The Karachi Port Trust handled 145,006 tons of cargo comprising 106,967 Tones of import cargo and 38,039 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Emirates today commenced trials of the International Air Transport Association (IATA) Travel Pass– a mobile app to help passengers easily and securely manage their travel in line with any government…

The global fintech company OctaFX recently financed the complete reconstruction of a crumbling, old road upon one faithful Pakistani resident's explicit wish. A wish she was entitled to since she…

· Concern over growing cases of Corona and incidence in major cities thereof kept the investors perturbed the second day as well, where despite healthy earnings posted by companies announced…

DP World Limited handled 18.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2021, with gross container volumes increasing by 10.2%…

The State Bank of Pakistan (SBP) and the Securities and Exchange Commission of Pakistan (SECP) have amended the Terms of Reference (ToRs) of their Joint Task Force (JTF) on Financial…

Nishat Power Limited (NPL) announced its 3QFY21 financial result today where the company posted a profit after tax (PAT) of PKR 658mn (EPS: PKR 1.86), down by 49% YoY compared…