Understand that Boskalis will provide emergency response assistance for two ships that are currently on fire. The first fire is on board a car carrier near the Azores and a second vessel is a large ferry near the Greek island…
· Market witnessed positive momentum along with improved trading volumes today due to decline in crude oil prices. After the approval of two new bills by the Senate pertaining to…
A ceremony was held at the State Bank of Pakistan (SBP) office in Islamabad to mark the issuance of a special 70 Rupee Commemorative Coin on the occasion of the…
MUGHAL has posted a decent result, although slightly lower than our expectations, mostly due to increase in input costs (scrap, ferro-alloys and utilities). Copper segment margins are likely to remain…
Mastercard has announced the expansion of its new interactive business intelligence platform Mastercard Market Trends in the Middle East and Africa. The new platform provides a comprehensive view of payments insights, competitive…
Getz Pharma, in collaboration with Dow University of Health Sciences (DUHS), has announced the launch of the first three courses on their brand new online medical learning platform MEDACE. 'MEDACE'…
The total liquid foreign reserves held by the country stood at US$ 23,490.2 million as of 11-February-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
Nestlé Pakistan Limited reported its annual results for 2021, continuing its journey towards recovery during 2021 with a revenue growth of 12.2% as compared to 2020. The company reported its…
· Market remained under-pressure today due to inflationary concern arising from higher fuel prices. In cement sector, CHCC and KOHC remained in the limelight as it announced financial result in line…
National Bank of Pakistan (NBP), the country's largest public sector commercial bank, has signed a tripartite with the Board of Revenue (BoR) of Govt. of Sindh and Punjab Information Technology…
Hamdard Pakistan organized a series of special awareness and interactive sessions under Safi skincare brand titled "Know Yourself!" during the month of February in ten government colleges across Karachi to…
Lotte Chemical Pakistan Limited (LOTCHEM) announced its 4QCY21 financial result today where the company posted a profit after tax (PAT) of PKR 1,413mn (EPS: PKR 0.93), up by 12% YoY…
Cherat Cement Company Limited (CHCC) announced result for 2QFY22 where company posted an EPS of PkR6.06, up 43.7% on YoY basis however declined by 1.3% on QoQ basis. For 1HFY22,…
· International oil prices, which had already gained 55% in CY21, received another major push recently after the Russia, the third largest producer of the commodity, started gathering troops on…
D.G. Khan Cement Company Limited (DGKC) is scheduled to announce its 2QFY22 financial result on 18TH Feb'22 whereby we project a bottom-line of PKR 616mn (EPS: PKR 1.41) vis-à-vis PKR…
KOHC is scheduled to announce its 2QFY22 financial result on 17th Feb'22 whereby we forecast the company to post a profit after tax of PKR 1,466mn (EPS: PKR 7.30) compared…
Pakistan's premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the year ended December 31, 2021. Overview of Financial Performance During 2021, Engro Corporation's standalone revenue increased from…
Pakistan's largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has introduced a customer-friendly account opening process to provide access to its digital banking services. In line with its strategic vision,…
At the culmination of its eighth cohort, the National Incubation Center Lahore (NICL) at LUMS held its flagship Investor Summit, bringing together seasoned investors, inspiring entrepreneurs, and corporate innovators. "We…
Leading corporation in food industry, Shan Foods, has partnered with Textile Institute of Pakistan, a non-profit institution working to create skilled professionals in textile industry, to provide need-based scholarships for…
Today marks a new milestone in the 75 years of the U.S.-Pakistani relationship with the groundbreaking of the first permanent headquarters for the U.S. Educational Foundation in Pakistan (USEFP). U.S.…
· Today, the market witnessed another range-bound session due to inflationary concerns arising from higher fuel prices. The index opened on a positive note at the start of the trading session…
Korangi Association of Trade and Industry (KATI) Acting President Maheen Salman said that increase in prices of petroleum products by the government more than Rs 12 per liter is unacceptable…
realme has made a huge wave in the Pakistani smartphone market since its entry two years ago. Known for its trendsetting behavior in the tech-world and its economical pricing by…
For the second consecutive year, Philip Morris International (PMI) has been honored by the CDP's "Triple A" score, recognizing PMI's best-in-class environmental performance and leadership in tackling climate change, as…