The monthly Salgirah Mushaira was held at the Arts Council of Pakistan Karachi on Friday evening. Poet Fazil Jameeli was the guest of honor whereas poetess Fatima Hassan presided the…

METRO Pakistan has been certified as the 'Top Employer – Pakistan 2021', for the 4th time in a row. Pakistan is the only METRO market from Asia to receive it…

· Market ramped another 491pts during the session, closing +219pts (unadjusted). Profit booking during the later half of the session brought the index down however, investor sentiment remained bullish. Cement…

• Around 500 leading merchants, issuers and government representatives attended the third edition of Visa's MENA eCommerce Summit • Integrated commerce and right balance between eCommerce and commerce IRL (in…

Fauji Foods Limited (FFL) conducted its corporate briefing session recently to discuss its business results for CY20, and the future roadmap. To recall, losses in CY20 nar-rowed down to PKR…

• Lucky Cement Limited is scheduled to announce its 2QFY21 financial result on 29th Jan-21, wherein we expect the company to post PAT of PKR 2.9bn as compared to PKR…

International Steels Ltd (ISL) has posted a strong rebound in profitability in 2QFY21, with an NPAT of PKR2.22bn (EPS: PKR5.09), compared to an NPAT of PKR0.12bn (EPS: PKR0.27) in SPLY.…

Fauji Fertilizer Company Limited (FFC) reported earnings of PKR 20.8Bn (EPS: PKR 16.4) for the year, up 22% YoY. Better urea margins due to removal of GIDC levy, modest growth…

According to the Spokesperson of U.S. Department of State, the United States is deeply concerned by the Pakistani Supreme Court's decision to acquit those involved in Daniel Pearl's kidnapping and…

Digitalisation efforts in every corner of societywill accelerate in the wake of Covid-19, predicts Telenor Research. From new technology to combat loneliness, to remote education that's here to stay, compounded…

Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while expressing serious concerns on the prevailing business environment, stated that host of businesses…

In a very encouraging development for the debt market of Pakistan, an innovative, new debt instrument has been issued and listed on Pakistan Stock Exchange (PSX) by Bank Alfalah (BAFL).…

The cement demand in Pakistan is expected to continue its growth momentum in Jan'21 led by upbeat construction activities from the private sector; and govt. support packages (construction package &…

President of Korangi Association of Trade & Industry (KATI) Saleem-uz-Zaman has urged a strong liaison between industry, research and technical training entities. He was addressing a joint awareness session for…

The total liquid foreign reserves held by the country stood at US$ 20,106.5 million on 22-January-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…

· After posting a high of 46,645 during the session (+187pts), market saw profit booking again, which brought the Index down by 347pts, closing the session -269pts (unadjusted). Cement and…

DP World and UNICEF have announced a wide-ranging partnership to support the global distribution of COVID-19 vaccines and related immunisation supplies in low- and lower-middle-income countries. The new partnership -…

·          Key decisions to be taken at today's ECC Meeting kept the interest alive at the bourse with PSO contributing positively to the index, supported by a surge in Cement sector…

Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the gas…

As per NFDC data, Urea offtake during December 2020 clocked in at c.881k tons, up 65% mom and down 35% yoy. The mom increase was due to better farm economics…

The British Council and DEMO have announced the opening of applications for the Creative Communities Empowerment programmes – DICE Creative Hubs. Under the British Council's Developing Inclusive and Creative Economies…

Aggressive branch expansion where the bank has opened 86 new branches (total branches: 804) since the start of CY20 has enabled BAHL to post unbeatable deposit growth rate of 26.3%…

Three leading institutions in the UAE today announced they have joined the World Logistics Passport (WLP), a major initiative established to increase trading opportunities between developing markets. The WLP is…

United Business Group's Patron in Chief and former President FPCCISM Muneer has expressed hope that Pakistan's exports will increase significantly in the next six months. Domestic and the economy will improve…

Stop Illegal Trade (SIT) Pakistan has expressed concerns over the misreporting of facts regarding tobacco sector. "Distorted facts are misleading for policy makers and encouraging illicit trade of cigarettes in…