The total liquid foreign reserves held by the country stood at US$ 23,226.0 million as of 18-February-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…

The new brand demonstrates the Group's commitment to become a global technology and investment conglomerate that accelerates the digital transformation journey while empowering societies. HH Sheikh Mansour Bin Zayed Al…

foodpanda, one of the leading e-commerce companies in Pakistan, today became the first e-commerce player in Pakistan to launch e-bikes on its platform for delivery riders. As part of the…

· Market witnessed bloodbath session today as Russia launched military operation against Ukraine, that ignited the negative fear across the globe that led to triggered redemptions among the mutual fund…

Treet Corporation (TREET) announced its 2QFY22 financial result today, where the company posted consolidated loss of Rs57mn (LPS: Rs0.31) against consolidated loss of Rs196mn (LPS: Rs1.00) in 2QFY21. The result…

The Karachi Port Trust handled 68,804 tons of cargo comprising 29,819 Tones of import cargo and 38,985 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Acknowledging the efforts for the betterment of environment and society, leading multinational company, Philip Morris (Pakistan) Limited (PMPKL) has been declared as the winner for awards in two categories: "Waste…

Mr. Shabbir Hassan Mansha of FPCCI's Management Committee has emphasized that the regulatory environment for the Medical Devices & Diagnostics Industry in Pakistan should be made facilitative and business-friendly to…

TPL Corp, Pakistan's leading conglomerate, invited some of the nation's most illustrious athletes from diverse sporting backgrounds to reward them with Life Insurance. This is the first step in TPL's…

Habib Bank Limited (HBL) announced its CY21 results today where the bank reported NPAT of PkR35.5bn (EPS: PkR23.9) compared to PkR30.9bn (EPS: PkR21.1) in the same period last year. The…

Infinix today launched its first premier 5G smartphone, ZERO 5G, delivering the benefits of 5G – such as higher speeds, seamless connection, faster downloads and greater coverage more accessible than…

The Karachi Chamber of Commerce & Industry (KCCI) has signed a Memorandum of Cooperation with UK-based Commonwealth Entrepreneurs Club (CEC) to promote SMEs and enhance their role in the economic…

Easypaisa, the country's leading digital payments platform, has partnered with the Federal Board of Intermediate and Secondary Education (FBISE) to digitize the conventional fee collection mechanism. FBISE is a unique…

The Drug Regulatory Authority of Pakistan (DRAP), in partnership with the U.S. government, launched an innovative online platform to digitize pharmaceutical imports and exports that will increase efficiency, transparency, and…

Entrepreneurial women across the world are leading the way in tapping into the power of the digital economy to succeed and grow. As a celebration of their achievements, Mastercard has…

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 effects of sanction…

The leaders of UBG and Chief Petron SM Munir, President Zubair Tufail and other members have expressed their optimism that the visit of Prime Minister of Pakistan Imran Khan to…

On Feb 22, Tractors Limited (MTL) announced the financial result for 2QFY22 whereby it declared a net profit of PKR 1,712mn (EPS: PKR 25.45), up by 14% YoY / 30%…

Kot Addu Power Company Limited (KAPCO) announced its 2QFY22 financial result today where the company posted a profit after tax (PAT) of PKR 3,328mn (EPS: PKR 3.78), down by 37%…

Maple Leaf Cement Factory Limited (MLCF) announced its 2QFY22 financial result today, posting a consolidated profit after tax (PAT) of PKR 1,919mn (EPS: PKR 1.75), in contrast to preceding years'…

Indus Motor company (INDU) is set to announce its 2QFY22 financial results on February 24, 2022 where we expect the company to post profits of Rs4,153mn (EPS: Rs52.8), up 41%…

President Houston-Karachi Sister City Association (HKSCA) Muhammad Saeed Sheikh has informed that Mayor of Houston was likely to bring a trade delegation to Karachi in the month of September 2022…

President of Korangi Association of Trade and Industry (KATI) Salman Aslam has expressed concern over rising inflation and increasing prices of food items in the country, saying that according to…

Dr. Reza Baqir, Governor State Bank of Pakistan, launched Electronic Warehouse Receipt Financing (EWRF) for Maize Crop today at an event in Habibabad, District Kasur. During the event banks signed…

· Market remained under pressure today due to mounting international oil prices. New York's West Texas Intermediate crude contract rose more than three percent on Tuesday as Russian President Vladimir…