Pakistan continues to post current account deficit in the 2H of the current fiscal year 2021, first one on CY basis. Current Account, in the month of Jan'21, was down…

MEBL senior management held an analyst briefing yesterday to discuss CY20 results and future strategy: ·        The bank posted consolidated earnings of PKR 22.4/share during CY20, increasing 44% YoY led primarily…

Islamic Finance news (IFN), the Islamic finance industry's leading media provider, has announced Pakistan's Meezan Bank as the winner of the prestigious IFN Best Overall Islamic Bank 2020. Meezan Bank's…

Brands Unlimited Pvt. Ltd., a pioneer of the beauty industry in Pakistan, held an event to announce its new flagship store at Dolmen Mall, Clifton. The Allure Beauty Store is…

In December 2020, State Bank of Pakistan launched its consultation process with different national and international stakeholders on its Banking on Equality Policy. A draft of the policy is available…

As per the latest data released by NFDC, urea offtake registered an increase of 2.5x YoY to clock-in at 0.65Mn tons in Jan'21, primarily on account of low base effect…

DP World Limassol has implemented a new ZODIAC cloud-based Terminal Operating System (TOS), as part of its efforts to optimise Limassol port's operations by embracing digitisation and automation. ZODIAC TOS…

Brandverse and eOcean today announced that they have signed a MoU to work together to maximise the commercial and social impact benefits in enabling the digital growth of micro SME…

The "Connected for Shared Prosperity Forum" was held by Huawei, Global Mobile Association (GSMA), where participants joined both online and in person to discuss the value of digital technologies in…

The Karachi Port Trust handled 157,890 tons of cargo comprising 102,277 Tones of import cargo and 55,613 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

· Market traded in a narrow range between -227pts and +194pts, closing the session -166pts (unadjusted). E&P sector remained positive throughout the session on the back of an uptrend in…

Dun & Bradstreet Pakistan and Gallup Pakistan have issued their report on 'Pakistan Consumer Confidence Index (CCI)' for Q4 2020. The Consumer Confidence Index remained 90.3 points in Q4 2020,…

The Pakistan Water and Power Development Authority (WAPDA) has planned to rehabilitate 69-year old Rasul Hydel Power Station located at a link between Upper Jhelum and Lower Jhelum Canals near…

Easypaisa, Pakistan's leading digital payments platform is transforming customer experience with WhatsApp channel support. This initiative enables users to access an interactive, automated support channel 24/7on a dedicated WhatsApp number…

Zong 4G, Pakistan's leading cellular and digital services provider, is now offering exciting new resources on Online Recharge through the My Zong App (MZA). Over an online recharge of PKR…

Habib Bank Limited (HBL) held its webinar today to discuss CY20 results and future roadmap. Recall that Habib Bank Limited (HBL) reported earnings of PKR 3.9/sh (down 14.9/43.3% on YoY/QoQ),…

Ittehad Chemicals Limited (ICL) conducted its analyst briefing session, discussing 1HFY21 result and business outlook. To recall, the company reported earnings of PKR 0.26Mn (EPS: PKR 3.0) in 2QFY21, up…

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 ignoring construction…

Mian Nasser Hyatt Magoo, President Federation of Pakistan Chambers of Commerce and industry in a meeting held with Chairman FBR along with senior officials from Customs and IRS said that…

On occasion, President Arts Council Muhammad Ahmad Shah said that Muhammad Islam's spirit of owning this city is commendable. He noted that Arts Council Karachi is a cultural institute, and…

Managing Director of State Bank of Pakistan's Banking Services Corporation Muhammad Ashraf Khan has said that digitalization of foreign exchange, which started in March 2020, has been expanded from 8…

Pakistan Stock Market came down on the first day of the roll-over week, contributed mostly by Banking sector stocks, where the disappointment reigns due to poor dividend distribution and anticipation…

The Karachi Port Trust handled 380,328 tons of cargo comprising 278,463 Tones of import cargo and 101,865 Tons of export cargo during last 48 Hrs ending at 0700 Hours. TOTAL…

Careem, the Super App for the greater Middle East and Pakistan, has announced to become a Digital-Out-of-Home (DOOH) Ad platform by partnering with Lambda Marketing Solutions. The partnership will pave…

Power Generation up by 3.7% YoY during Jan'21 Power generation went up by 3.7% YoY to 8,079 GWh (10,859 MW) during Jan'21, compared to 7,794 GWh (10,475 MW) during Jan'20.…