Careem, the Super App for the greater Middle East and Pakistan, has recently slashed its commission from 25% to 15% on its Bikes, Delivery and Order Anything (buy and send)…

With support from Huawei and China Mobile, Haier, China's largest consumer electronics and home appliance producer, successfully applied innovative manufacturing solutions combining 5G and mobile edge computing in its smart…

Building upon its initiative of end-to-end digitization of regulatory approval process, known as Regulatory Approval System (RAS), State Bank of Pakistan (SBP) has now achieved another milestone by launching a…

The Karachi Port Trust handled 169,204 tons of cargo comprising 130,098 Tones of import cargo and 39,106 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Zong 4G, Pakistan's digital leader, has launched the 'Bharpur Bahawalpur Offer' to better serve its clients in underserved areas. The offer exemplifies Zong's proactive customer-centric attitude, which has helped it…

The SBP has increased the average Cash Reserve Requirement (CRR), for scheduled banks (including Islamic), from 5% to 6%, while the daily minimum CRR has also been increased by 1ppt…

Boskalis and its co-shareholder KS Investments Pte. Ltd. (Keppel) have signed an agreement relating to the sale of their harbor towage activities in Singapore and Malaysia to Rimorchiatori Mediterranei S.p.A.…

More than two-thirds of 3,930 youths surveyed from Pakistan, Bangladesh, Malaysia and Thailand agreed that online bullying is a serious problem for young people today. Of the 1,350 youth surveyed…

Boskalis has been awarded a contract for the transportation and installation of the monopile foundations and substations for an offshore wind farm development with a value of approximately EUR 450…

Advisor to the Prime Minister, Mr. Shaukat Fayyaz Tareen, performed the Groundbreaking of Naya Nazimabad Hospital in Karachi today. Naya Nazimabad Hospital, a tertiary, not-for-profit but self-sustainable institution, will be…

Workers' remittances continued their strong streak as inflows recorded, up 10.2 percent (y/y) and only marginally lower compared to last month (5.7 percent). In addition to remaining above $2 billion…

The Arts Council of Pakistan in Karachi launched the book "101 Melody Makers" by Sultan Arshad Khan based on the services of music teachers, composers, and instrumentalists at the Arts…

Pakistan's leading eCommerce platform, Daraz recorded sales worth 66 crore in the first one hour of 11.11 making it the biggest sale of the year in the country. Sales surged…

The First Lady Samina Arif Alvi has stressed that early detection is the only prevention for dealing with the life-threatening disease of breast cancer as 98 percent of the women…

SBP has decided to increase the average Cash Reserve Requirement (CRR), to be maintained during a period of two weeks by scheduled banks, from 5 percent to 6 percent and…

Pakistani technology start-ups took the spotlight as Courtney Powell, Chief Operating Officer and Managing Partner, 500 Global, a USD 1.8 billion international venture capital firm, visited the National Incubation Centre…

U.S. Special Representative for Afghanistan Thomas West visited Islamabad November 11-13. In meetings of the extended Troika, participants discussed the way forward on Afghanistan. West also held bilateral meetings with…

A Memorandum of Understanding was signed between Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL) for jointly exploring opportunities for improving business sustainability, efficiency and productivity of…

According to a report of 'Spectrum Research', during the week, bears dominated the local bourse as the benchmark KSE-100 index nosedived 1,547 points, WoW to settle the weak at 45,749…

Ahead of World Diabetes Day, the International Diabetes Federation (IDF) has released new figures showing that the prevalence of diabetes in Pakistan has increased significantly as 33 million adults in…

The Karachi Port Trust handled 159,056 tons of cargo comprising 120,491 Tones of import cargo and 38,565 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

The market remained choppy due to lackluster volumes, as market participants have adopted a cautious stance over IMF negotiations. PKR/USD parity closing at 175.7 in the interbank market kept the…

Infinix, the leading smartphone brand of Pakistan has successfully joined hands with Daraz as the first official Diamond Co-Sponsors for Daraz 11.11 annual mega sale. Customers will be getting up…

foodpanda, Pakistan's leading food delivery company, and also the country's leading e-commerce platform overall, today launched a pilot project to test food delivery through a customized drone. Conducted in association…

• Following its previous announcement of reclassification of Pakistan from the Emerging Market to the Frontier Market Index in Aug'21, the global index provider has disclosed constituents alongside the Nov'21…