Pakistan’s IT exports flat in Aug 2022 on YoY
Information Technology (IT) exports of Pakistan for August 2022 increased by 14% MoM to US$227mn but remained flat when compared to same period last year (SPLY). It is also down…
Information Technology (IT) exports of Pakistan for August 2022 increased by 14% MoM to US$227mn but remained flat when compared to same period last year (SPLY). It is also down…
Telenor Pakistan has entered a strategic partnership with Convex Interactive to offer a Unified Communication Platform – Telenor Engage to enable businesses to manage customer interactions and communications. The signing…
According to NFDC, Urea sales in Aug'22 witnessed a slight recovery in sales, although down 15% compared to last year to c.552,000 tons (slump in Jul'22 was 26%). Sequentially, urea…
Samrah Enterprises, a distribution company that recently paved its way into the packaging sector in Pakistan has successfully exported its first shipment of the popular brand Fresh-St! to the Gulf…
Emirates, the world's largest international airline, has launched an exciting new offer for holidaymakers planning a trip to Dubai between 22 September and 8 December 2022. From today, all Emirates…
EVAM announced that its deployment at Jazz has been completed successfully. With this partnership, Jazz, Pakistan's number one 4G operator and the largest internet and broadband service provider, utilized EVAM…
By Dr. Muhammad Nawaz Iqbal For the first time, the size of Pakistan's economy topped $300 billion. Although there are no official statistics on the value and volume of the…
As per the Dawn news today, pharmaceutical industry has agreed to partially resume the production of Paracetamol after the manufacturers of the local Active Pharmaceutical Ingredients (API) decided to reduce…
· The market remained under pressure throughout the day as investor' participation remained left and right. PSX opened in the positive zone but traded in a range equally during both…
Mobilink Microfinance Bank Limited, VEON's financial services arm and the largest digital bank in Pakistan, launched three major microfinance initiatives as part of its continuing efforts to financially empower women…
The Karachi Port Trust handled 81,882 tons of cargo comprising 54,295 Tones of import cargo and 27,587 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
The floods in Pakistan, as a result of record monsoon rains and melting glaciers in the northern part of the country, have been described as the worst ever. The death…
As part of the national plan of providing maximum relief to over 33 million flood-affected people across Pakistan, چ has pledged to donate 100 tons of tea to one million families displaced…
The United States, through the U.S. Agency for International Development (USAID), today announced an additional $30 million in life-saving humanitarian assistance to support people and communities affected by severe flooding…
Power generation went down by 9.8% YoY to 14,151 GWh (19,020 MW) during Jul'22, compared to 15,680 GWh (21,075 MW) during Jul'21. The decline in the generation was owed to lower…
The Board of Directors of National Bank of Pakistan "NBP" "the Bank" met yesterday to approve the condensed interim financial statements for the six months period ended June 30, 2022.…
Huawei Cloud Pakistan signed an MOU with ORA Global Development Advisors Pvt. Ltd.at the formers Islamabad Headquarters. Present at the occasion was CEO ORA Global, Ms. Fiza Farhan, Managing Director…
ChildLife Foundation has organized medical camps to provide quality treatment to the flood-affected children of Balochistan. The first such camp was set up in the district headquarters hospital (DHQ) of…
If you still haven't bought the all-new TECNO Camon 19 Neo, then here is your chance. Do not miss out on some of the best camera features available in the…
Karachi Chamber of Commerce and Industry (KCCI) accused the apathy of all the political parties for the current pathetic economic situation in Pakistan. Chairman Businessmen Group Zubair Motiwala and President…
Habib Bank Limited (HBL) announced consolidated earnings of Rs3,494mn for 2Q2022 translating into an EPS of Rs2.32 down 63% YoY and 59% QoQ. Alongside the result a dividend payout of…
Huawei Consumer BG held a Flagship Products Summer Launch Event in Dubai; showcasing a new lineup of flagship devices including the ideal flagship foldable phone HUAWEI Mate Xs 2, a…
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 Monday said constant appreciation of…
· The benchmark KSE-100 index witnessed sluggish session. Investor's participation continued to remain dry due to concerns regarding rate hike in the upcoming monetary policy and PKR depreciation against the dollar.…
· The market stayed under pressure throughout the day due to concerns over mounting inflation and expected rate hike in the upcoming monetary policy. The benchmark KSE-100 index opened in the…