In line with its commitment to strengthening the pillar of connectivity and providing high-quality broadband services across the length and breadth of the country, Telenor Pakistan has bagged the Network…
Group photo with SM Muneer Patron-in-Chief of United Business Group, S. Khalid Tawab Federation Presidential Candidate, Mian Zahid Hussain, National Business Group Allauddin Murree, Zubair Tufail, Sheikh Omar Rehan Former…
To mark the Global Ethics Day 2020, ACCA (the Association of Chartered Certified Accountants) joined forces with CFA Society Pakistan, HBL, ICMA Pakistan, Pakistan Stock Exchange Limited (PSX), and the…
Byco Petroleum Pakistan Ltd. (BPPL), Pakistan's largest oil refining company, today reported financial results for the three months ended 30 September 2020. The company recorded a 23% decrease in gross…
The Board of Directors of Indus Motor Company (IMC) released its financial results for the first quarter ended September 30, 2020. The Company's combined sales of Complete Knocked Down (CKD)…
Market traded range bound today between +306pts and -312pts, closing the session in red with -237pts (unadjusted). Investors have lately been discounting the back to back good corporate results on…
In line with directive of Prime Minister of Pakistan Mr. Imran Khan on reaching out to the public through holding Khuli Kachehris by organizations under the Federal Government, Chairman National…
Infinix Pakistan has opened an advanced and innovative experience store in the metropolitan hub of the country, Karachi, with a grand opening ceremony. The flagship venue is located at Abdullah…
NBP announced earnings today for 9MCY20 at PKR 26.2bn (EPS: PKR 12.28), depicting a YoY increase of 58% and QoQ surge of meagre 1%. NII growth for the bank has…
FFBL posted unconsolidated NPAT of PKR3.31bn (EPS: PKR3.54) in 3QCY20, much better than our expected NPAT of PKR1.22bn (EPS: PKR1.31). This is the first unconsolidated profit after six quarters of…
Kashmir has been under Indian occupation for 73 years. India's atrocities on unarmed Kashmiris are increasing. Muslim countries all over the world will have to stand with us for the…
GO has joined hands with Pakistan Post to launch a Digital Franchise Post Offices at its retail outlets. It is the first OMC in Pakistan to take such a step.…
Pakistan's largest Islamic bank kicks off its digital transformation programme with the upgrade of its legacy payment platform Partnership will also see BPC combat the growing threat of Enterprise Fraud…
Market could only add 72pts earlier in the session, however, post announcement of financial results of PSO, the market discounted the earnings growth and Investors resorted to profit booking that…
Pak-Qatar Takaful Group in collaboration with IBA-CEIF (Centre for Excellence in Islamic Finance) recently held a webinar on Understanding Takaful Products by the company Chairman, Shariah Advisory Board, Mufti Muhammad…
On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 5.13 billion of which PKR 0.78 billion is attributable to non-controlling interests for the first quarter…
Bookme Tickets Private Limited (Bookme), a leading Pakistani travel platform has partnered with over 1800 hotels all over Pakistan including the northern hilly areas. The objective of this launch is…
The Board of Directors of MCB Bank Limited (MCB) met under the Chairmanship of Mian Mohammad Mansha, on October 27, 2020 to review the performance of the Bank and approve…
Mian Anjum Nisar, President FPCCI has expressed his concerns over the unkind upswing in natural gas prices. He said that this decision would seriously affect the industrial sector, especially exporters…
Turkey's unflinching support for Jammu & Kashmir dispute was once again reiterated at an event organized by the Embassy of Pakistan in Ankara today. Chairman of Turkey-Pakistan Friendship Group in…
Gul Ahmed Textile Mills (GATM) reported consolidated 1QFY21 NPAT of PKR697mn (EPS: PKR1.63), more than doubling from an NPAT of PKR347mn (EPS: PKR0.81) SPLY and vs. Net loss of PKR1.2bn…
Pakistan State Oil Company Limited (PSO) announced its financial result for 1QFY21 whereby the company declared a Profit After Tax (PAT) of PKR 5.1bn (EPS: PKR 10.96) compared to PKR…
The State Bank of Pakistan (SBP) has introduced a new mechanism to enable companies in Pakistan to conveniently remit out disinvestment proceeds to their foreign shareholders. The goal of this…
The COVID-19 pandemic has brought to the fore fault lines – particularly within the education space that has required educators, learners and parents alike to be aware of the realities…
As per NFDC data, Urea offtake during September 2020 clocked in at c.393k tons, down 3% yoy and 31% mom. On a cumulative basis, however, total Urea offtake in 9MCY20…
