Q4 FY21 Earnings Per Share: GAAP EPS up 39% to $1.37, Non-GAAP EPS up 29% to $1.54 Q4 Cloud Application Revenue: Fusion ERP up 46%, Fusion HCM up 35%, NetSuite…

State Bank of Pakistan (SBP) has organized a special meeting today with writers/bloggers/analyst/reporters belonging to the digital means of communication and particularly those who cover news/analysis related to SBP affairs.…

To cope with the extraordinary situation of lockdowns amid Covid-19 Pandemic in 2020, SBP advised banks and other service providers in March 2020 to offer free of cost Inter Bank…

The book-building process of Citi Pharma's Initial Public Offer (IPO) has concluded with an oversubscription of 2 times, according to Topline Securities, advisor and book runner of the issue. "The…

Fauji Foods Limited (FFL) held its corporate briefing session today to shed light on its recent financial performance and future roadmap. To recall, losses in 1QCY21 narrowed down to PKR…

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 on one hand…

Mian Nasser Hyatt Maggo, President FPCCI, while addressing the post-budget press conference in the Federation House, Karachi said that our proposed tax model sent to Prime Minister, Finance Minister and…

The Karachi Port Trust handled 147,717 tons of cargo comprising 94,891 Tones of import cargo and 52,826 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

The Green Crescent Trust (GCT), one of the leading non-profits working in the education sector of Sindh, will lay foundation stone of its new Educational complex at a distance of…

· Market saw persistent selling pressure that was felt across the board and made the index trade between -201pts and +246pts, closing the session -173pts (unadjusted). Among E&P, OGDC and…

A delegation of Coca-Cola Beverages Pakistan Limited (CCI Pakistan), GM Ahmet Kursad Ertin met with the Prime Minister of Pakistan and announced an investment of USD 50 million for a…

Pakistan Telecommunications Company Limited (PTCL), signs a Memorandum of Understanding (MoU) with Government College University (GCU), during a ceremony organized at GCU campus in Lahore. Under this MoU, PTCL will…

DuPont Sustainable Solutions (DSS) and Engro Corporation Limited have finalized a partnership agreement to introduce a risk-based framework, programme, and methodology that will allow for consistent, sustained management of risk…

The Ministry of Information Technology and Telecommunication, in collaboration with Huawei Technologies Pakistan launched the much awaited '1000 Government Employee Training Program' in a virtual event attended by the Federal…

Further expanding its clientele of business solutions, Pakistan's digital services leader, Zong 4G, has now joined hands with Move Express & Logistics as their primary connectivity partner. Under the partnership,…

Profit taking kicks in after much appreciated budget announcement last week while we expect range bound activity to continue in the short term. Moreover, Pakistan is one point short of…

State Bank of Pakistan has renewed the status of both credit rating agencies operating in Pakistan namely "VIS Credit Rating Company Limited (VIS)" and "The Pakistan Credit Rating Agency Limited…

In May 2021, Auto industry sales fell 9% mom to c.15,700 units, on account of lower production (down c.10% mom) amid reduced working hours at the tail-end of Ramadan and…

Latest data released by PBS suggests that Large Scale Manufacturing Industries (LSMI) output has witnessed an increase of 68% YoY during Apr'21, which is attributable to the low base SPLY…

Former President KATI and Former Vice Chairman of Pakistan Vegetable Manufacturers Association (PVMA) Sheikh Umer Rehan said that unfair concessions to big investors of FATA PATA affiliated to Ghee Industries…

"We are pleased to announce that Pfizer and BioNTech have received an emergency use authorization from the The Drug Regulatory Authority of Pakistan (DRAP) to supply its COVID-19 vaccine in…

Mian Nasser Hyatt Maggo, President FPCCI, has slammed the Section 203A of the Federal Budget 2021-22; which gives powers to arrest and prosecute any person for concealment of income to…

K-Electric (KE), Karachi's electricity provider and Easypaisa, Pakistan's leading provider of digital financial services have partnered together to extend a convenient and hassle-free bill payment solution for the power utility's…

· Market traded range bound today on account of profit booking particularly in refinery, steel, cement and E&P sectors. Index oscillated between -215pts and +115pts, closing the session -94pts. Technology…

Uber, the global ride-hailing platform that seamlessly connects drivers with riders, has announced the appointment of Shahid Khan as the new Country Head for Uber in Pakistan. He has replaced…