NBP continues to support FIA’s inquiry related to Hascol
"As has been reported in the press, FIA is conducting an inquiry on Hascol Petroleum's banking arrangements with NBP as well as several private and other public sector banks. NBP…
"As has been reported in the press, FIA is conducting an inquiry on Hascol Petroleum's banking arrangements with NBP as well as several private and other public sector banks. NBP…
Samba Bank limited ("SBL") has informed Pakistan Stock Exchange today that the State Bank Pakistan ("SBP") has granted in-principal approval to United Bank limited ("UBL") for conducting Due Diligence ("00")…
Not too long ago, the idea that users would be able to pay to watch movies or listen to music on the go from the Internet was inconceivable. Entertainment needs…
One of the largest construction groups of Pakistan, Paragon Constructors (Private) Limited, has chosen SAP, world's leading digital solutions provider, as its strategic technology partner in pursuit of their end-to-end…
Fauji Fertilizer Company Limited (FFC) is expected to announce its CY21's financial result on Jan 31st, 2022, where we expect earnings to arrive at PKR 21,494mn (EPS: PKR 16.89) against…
· As per NFDC, Dec'21 urea offtake for the industry remains strong at 0.59mn MT, inching up 4%MoM, however, contracting 32%YoY due to high base effect. This takes cumulative CY21…
Provisional cement data for the month of Jan'22 depicts a decline of 19% YoY to 3.85mn tons whereby domestic dispatches recorded a dip of 18% YoY to 3.32mn tons led…
Investors likely to remain cautious as IMF sixth review for the release of US$1bn tranche has been delayed further to Feb 4 from Jan 28 on Pakistan's requests to fulfill…
Find My Doctor announced today that it has raised a Pre Series A funding round from both TPL e-Ventures, investment arm of TPL Corp and TPL Insurance at a $5…
Emirates passengers returning to or visiting Dubai for the first time can enjoy this exclusive offer when booking together, for travel between now and April 30 2022 Emirates, the world's…
"Khushhali Microfinance Bank signs an exclusive MoU with Sahal Verifai for initiating the digital on-boarding process. The signing ceremony was attended by the President & CEO of Khushhali Microfinance Bank…
The SBP has increased financing target for banks from 5% currently, to at least 7% of their domestic private sector credit by December 2022. Banks falling short of their quarterly…
On Monday, Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said with a declining economy, rising…
Pakistan cricket team's talismanic wicketkeeper batsman and one of the nation's most loved cricketers, Muhammad Rizwan has just begun one of the most meaningful partnerships of his career in the…
• United Bank Limited (UBL) will be the first bank in Pakistan to sign the Visa Ready BIN Sponsorship program agreement • The program is designed to enable UBL to…
Ibri 2 is the first solar IPP to connect to the main national grid The US$417 million solar plant with a capacity of 500 MW completed construction within 13 months…
United Business Group (UBG) with its consistent commitment with the business community to developing and promoting economic activities and facilitate the trade bodies and their members across Pakistan has invited…
Interloop Limited's (ILP) board is scheduled to announce its 2QFY22 result on January 26th, 2022. We expect the company to a post a profit after tax (PAT) of PKR 3,016mn…
We expect a PAT for 9MMY22 to clock-in at PKR 3,039mn (EPS: PKR 21.28), up by 239% YoY in contrast to PKR 898mn (EPS: PKR 6.29) in 9MMY21. Topline is…
After the resounding success of Conclave Pakistan 3.0 the much-awaited and talk-of-the-town annual event of Conclave Pakistan took place here at a five-star hotel, earlier today. As in the past,…
The Karachi Port Trust handled 388,698 tons of cargo comprising 238,336 Tones of import cargo and 150,362 Tons of export cargo during last 48 Hrs ending at 0700 Hours. TOTAL…
The country's leading energy company, Pakistan State Oil (PSO) further strengthens its strategic partnership with Pakistan Railways by signing a Memorandum of Understanding (MoU) for the supply of POL products, transportation and other businesses.…
Caption Photo: A group photo From Left, Shahid Qureshi, Kaleem Farooqi, Formee Vice President FPCCI Mr. Tariq Haleem, Former Chairman Pakistan Turkish Business Council Mr. Farooq Afzal and Saleem Tanoli…
In its latest monetary policy meeting today, the State Bank of Pakistan (SBP) has kept the benchmark policy rate unchanged at 9.75%. Moreover, the Committee no longer targets mildly positive…
As the world tackles one challenge after another, advancements in modern technologies are beginning to be more energy and climate conscious to protect the ecosystem. Telenor Research recently released its…