Faysal Islami, a leading name in the Islamic banking industry of Pakistan, has joined hands with our National Hero Sajid Ali Sadpara, the son of late legendary Mohammad Ali Sadpara,…
The entire month of August is quite happening at realme. Firstly, it commemorated its 3rd anniversary with a global sales milestone of 100M devices – fastest ever in the entire…
· Market traded in the positive zone throughout the session, adding a total of 545pts during the session and closing near the session's high with net 512pts. E&P sector, which…
All candidates of Businessmen Group (BMG) have been elected unopposed for Managing Committee of Karachi Chamber of Commerce & Industry for the year 2020-21. According to details, a total of…
The Current Account for the month of Jul'21 posted a deficit of USD 773mn compared with a surplus of USD 583mn during Jul'20. The primary reason for deficit during Jul'21…
SYS is expected to post 2QCY21 consolidated NPAT of PKR677mn (EPS: PKR4.94), up 25% yoy and 13% qoq. Key expectations behind the handsome jump in earnings are: (i) higher gross…
Overseas Investors Chamber of Commerce and Industry (OICCI) shared the results of its comprehensive Business Confidence Index (BCI) Survey – Wave 20, conducted throughout the country during May to July…
A Memorandum of Understanding (MoU) was signed between the Institute of Policy Studies (IPS), Islamabad and Inovatian-Asia (Private) Limited, a sister concern of international technology firm Inovatian Inc. with offices…
The last day of the week showcased movement with significant activity seen in Cement and Steel scrips. The infection ratio seven-day moving average has declined by 10% WoW to 7.1%.…
Pakistan Footwear Manufacturer Association (PFMA) plans to enhance the training facility of the Italy-Pakistan Footwear Technological centre and Pakistan shoe design Hub (IPFTC) in Quaid-e-Azam Business Park in Lahore. The…
· Market added another 341pts during the session today, after gaining traction earlier in the week. Relatively stability in Afghanistan helped investors gain confidence, especially the decision to drop custom…
To celebrate 100 million smartphones sold around the world, the fastest growing smartphone brand realme today announced it is expanding into the affordable high-end segment with the release of two…
The total liquid foreign reserves held by the country stood at US$ 24,668.1 million on 13-Aug-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…
Continuing its streak of unbeatable International Roaming (IR) offers to cover the majority of the globe, Pakistan's cellular and digital services leader, Zong 4G, has now come up with attractive…
Power generation is up by 6.6% YoY to 15,680 GWh (21,076 MW) during Jul'21, compared to 14,711 GWh (19,773 MW) during Jul'20. The rise in generation is witnessed due to…
Lotte Chemical Pakistan Limited (LOTCHEM) announced its 2QCY21 result today whereby the company posted below-expected earnings of PKR 1.0Bn (EPS: PKR 0.64), up by 48x YoY, taking 1HCY21 profitability to…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the world should…
Indus Motor Company Limited (INDU) is scheduled to announce its 3QFY21 financial result on August 26th'21. We expect the profitability to increase by 135% YoY to PKR 11,932mn (EPS: PKR…
During FY21, experts expect the company to report a PAT of PKR 23.7bn (EPS: PKR 50.58) compared to loss after tax of PKR 6.5bn (LPS: PKR 13.77) in FY20. This…
Huawei Consumer Business Group (BG) has announced that its game-changing entry-level fitness tracker, HUAWEI Band 6, has been awarded two accolades from top Global media outlets for its outstanding value…
Bank Alfalah, Pakistan's premier financial institution providing both Sharia compliant and conventional banking services, has recently signed a Memorandum of Understanding with Indus Motor Company Limited (IMC) for a joint…
Frieslandcampina Engro Pakistan has informed Pakistan Stock Exchange (PSX) about its Financial Result for 2QCY21, today. It posted 2QCY21 NPAT of PKR867mn (EPS: PKR1.13), double the earnings reported SPLY. This…
DP World Limited has announced strong financial results for the six months to 30 June 2021 with EBITDA growing 18.2% year-on-year. Results Highlights Revenue of $4,945 million (Revenue growth of…
Haleeb Foods has announced the appointment of seasoned marketing professional Muhammad Atif Zubair as the new Head of Marketing in its leadership fold effective from July 2021. In his new…
Airlift Technologies, a pioneer in the recent wave of technology businesses, was started in Pakistan, and built by local entrepreneurs and for local populations. Today, Airlift is announcing an $85…