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…
Pakistan Auto industry sales maintained the strong growth momentum in October 2021, rising a staggering c.50% yoy to c.21,000 units (albeit down c.5% mom), on account of robust demand for…
The management of Interloop Limited (ILP) held a corporate briefing session today to discuss the 1QFY22 financial results and the future outlook on the company's strategy going forward. Brief Takeaway…
The Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan has proposed liberalization and transformation of the monopolistic power market into a…
AlfaMall is Bank Alfalah's revolutionary e-marketplace for merchants and customers, that is aimed at 'Building Trust' amongst them through a wide range of benefits. Taking a substantial stride in this…
Central Chairman of Pakistan Yarn Merchants Association (PYMA) Saqib Naseem has stressed that the existing custom duty of 11 percent on polyester yarn has to be brought down to 7…
· Market opened on a positive note but remained dull in the first half session of the market. Concerns on inflation and weakening of Pak Rupee against dollar created uncertainly for…
Nestlé Pakistan and University of Agriculture Faisalabad signed a Memorandum of Understanding, pledging to work towards agriculture research and development projects geared to address the challenges of climate change and…
The total liquid foreign reserves held by the country stood at US$ 24,025.5 million on 05-November-2021. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
Governor Sate Bank of Pakistan (SBP), Dr. Reza Baqir, met the Governors of Saudi Central Bank (SCB) and Bank Indonesia (BI) today on the side lines of the 15th Islamic…
The Karachi Port Trust handled 139,823 tons of cargo comprising 103,985 Tones of import cargo and 35,838 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Shan Shares, a CSR entity of Shan Foods, has signed an MoU with Saylani Welfare International Trust (SWIT), a non-government organization focusing primarily on feeding the poor and homeless, to…
Waada and Zong 4G have officially joined hands as partners to distribute micro-insurance services to the masses of Pakistan. Zong 4G, coming on board as the distribution partner, will enable…
The Emirates Group today announced its half-year results for its 2021-22 financial year. Group revenue was AED 24.7 billion (US$ 6.7 billion) for the first six months of 2021-22, up…
Engro Fertilizers, Pakistan's premier seed-to-harvest solutions provider, has conducted a series of farmer seminars to support the Government of Punjab's "Grow More Wheat" initiative for enhanced food security and farmer…
The franchises of the Lanka Premier League confirmed the make-up of their squads in the Lanka Premier League 2021 'Player Draft' on Tuesday. Each of the five franchises which include…
· Kohat Cement Company (KOHC) remains one of the best plays to capitalize on the upcoming margin enhancement of the cement sector with the company being relatively more sensitive to…
The management of LOTCHEM held a corporate briefing session today to discuss the company's performance post release of 9MCY21 results. To recall, the company posted a profit after tax (PAT)…