Chairman Businessmen Group & Former President KCCI Zubair Motiwala, President Karachi Chamber of Commerce & Industry Shariq Vohra, Senior Vice President Saqib Goodluck, Vice President Shamsul Islam Khan hoisting the…

The total liquid foreign reserves held by the country stood at US$ 24,644.0 million on 06-Aug-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…

To ensure the safety and well-being of its workforce, Jazz has completed the vaccination of all its eligible employees. This comprises the company's staff who have received at least their…

Minister for Railways Azam Swati visits Hutchison Ports Pakistan (SAPT) to inspect work being carried out at the train tracks being laid at the institution. The newly laid tracks are…

· After posting an uptick yesterday, the index again traded range bound between +179pts and -202pts, closing the session -115pts (unadjusted). Market poised for a clear trigger in disregard to…

Net Interest Income (NII) declined by 8% on a YoY basis in 2QCY21 as a result of NIMs compression primarily on the back of sizable interest rate cuts last year.…

The Ambassador of UAE in Pakistan Hammad Obaid Ibrahimi AlZaabi, while expressing satisfaction over excellent bilateral trade and brotherly relations between Pakistan and UAE, said that there was a huge…

PAMA released the latest auto sales data for Jul'21, portraying an increase of 114% YoY to 24,918 units. The triple digit growth in sales volumes can be attributable to i)…

Pakistan Water and Power Development Authority (WAPDA) Chairman Lt Gen Muzammil Hussain (Retd) today called on Chinese Ambassador to Pakistan His Excellency Nong Rong and discussed the progress on Dasu…

The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on August 11, 2021, reviewed the performance of the Bank and…

"Dil Dil Pakistan" is perhaps the most widely used lyrical slogan every year on the 14th of August as millions of Pakistanis across the globe get ready to celebrate the…

Sarsabz Fertilizer is looking forward to celebrating the upcoming independence day of Pakistan with great enthusiasm and excitement. A special patriotic song paying tribute to Pakistan and its true unsung…

The pioneer microfinance institution in Pakistan - Khushhali Microfinance Bank is celebrating its 21st year of services for socio-economic uplift of the marginalized & unbanked segments of the market. The…

Grand scale preparations are afoot at PTCL and Ufone for celebrating the 75th Independence Day of Pakistan with national zeal and fervor. PTCL Group has launched a week-long employee engagement…

· Market gained close to 500pts during the session and closed +264pts (unadjusted). Sentiment was buoyant on the expectation of healthy earnings by key listed entities which helped propped up…

Federal Insurance Ombudsman Dr. Khawar Jameel said Pakistan collects a total premium of Rs. 378 billion annually, which makes the ratio of only 0.08% to Gross Domestic Product (GDP) which…

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 Wednesday said landed nobility should…

In line with their strategy to build the eCommerce space in Pakistan and exploring new avenues and strategic partnerships to drive this agenda, GroupM – the Global Media Investment Management…

The leaders and members of the UBG have highly appreciated the outstanding efforts made by the government particularly by means of smart-lock-down in the period of pandemic COVID which kept…

Today, Maple Leaf Cement Factory Limited has informed Pakistan Stock Exchange (PSX) that the company has signed a contract on August 10, 2021, with plant supplier M/s. Zero Carbon for…

Attock Petroleum Limited (APL) announced its financial result for FY21 whereby the company declared a Profit After Tax (PAT) of PKR 4.9bn (EPS: PKR 49.43) compared to profit of PKR…

MCB announced earnings today for 1HCY21 above expectations (due to significant net reversals), at PKR 14.9bn (EPS: PKR 12.56), depicting a YoY uptick of 11% / 12% QoQ (2QCY21 EPS:…

The short video format has gained significant traction as the new favoured form of communication and entertainment. Of the many applications now featuring short videos, Likee is one platform which…

Engro Polymer & Chemicals Limited (EPCL) announced its 2QCY21 financial result today where the company posted a profit after tax (PAT) of PKR 3,122mn (EPS: PKR 3.44), up by 105x…

Chairman Businessmen Group & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, who attended yesterday's NEPRA hearing on subsidy rationalization plan, has outrightly rejected the introduction of…