Following SBP's decision to defer Monetary Policy for next 2 months, gave banking scrips the much needed impetus to rally. Anticipation of further rate cut died with SBP's decision and…

To counter the negative impact of Covid-19 on the economy, State Bank of Pakistan (SBP) introduced a Refinance Scheme to Support Employment and Prevent Layoff of Workers, commonly known as…

Bank Alfalah & National Institutional Facilitation Technologies (NIFT) announced their strategic collaboration on NIFT's digital financial services platform "NIFT ePay", which is an industry first, enabling bank accounts for e-commerce…

DP World LTD handled 33.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2020, with gross container volumes decreasing by 5.3%…

President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said unprecedented and continued…

As per the data released by NFDC, urea offtake for Jun'20 increased 4.9x/81% MoM/YoY to 1.16mn tons. The sequential increase in offtake was witnessed industry-wide, due to a combination of…

Fauji Fertilizer Company Ltd (FFC) has posted 2QCY20 NPAT of PKR4.9bn (EPS: PKR3.83), down 6% yoy, taking 1HCY20 profitability to PKR9.1bn (EPS: PKR7.18), up 3% yoy. The 2Q result was…

DP World, the Dubai- based provider of worldwide smart end-to-end supply chain logistics, has agreed to acquire a 60 per cent shareholding in UNICO Logistics Co. Ltd. The transaction, subject…

Oracle Fusion Cloud ERP Streamlines and Automates Reon's Key Business Functions, Enabling Informed Decision Making In Realtime Reon Energy Limited, one of Pakistan's leading industrial renewable energy specialist, has gone…

Rain, South Africa's data-only mobile network launched its first Standalone 5G (SA 5G) network in the country. Powered by Huawei, this is the first commercial standalone 5G network in Africa.…

Habib Bank Limited (HBL) stunned investors with significantly better results as compared to street expectations today. The bank reported an EPS of PKR 7.53 for 2QCY20 (up ~17x/2.7x YoY/QoQ) and…

Fauji Fertilizer Bin Qasim Limited (FFBL) announced its 2QCY20 results earlier this week, wherein the company reported a loss of PKR 1.16bn (LPS: PKR 1.24) for the quarter. Cumulative loss…

Organized by the Pakistan Advertisers Society (PAS), the second Effie Awards Pakistan was held on July 24, 2020, however, this time it was all VIRTUAL, produced and broadcasted by SAMAA…

Social media is the best platform for you to be connected with your friends and family. However, it is critically important for you to understand the best way to protect…

Pakistani Telecom brand, Ufone, added another feather in its cap by winning two prestigious Effie Awards last night. Ufone won a Gold award for Best in Internet & Telecom category…

Pakistan must have same level of market access with UK after BREXIT which Pakistan is enjoying with EU, this was stated by Sheikh Sultan Rehman Vice President of the Federation…

The Dawood Foundation, the charitable arm of the Dawood Hercules Group, has announced a collaborative project with Aga Khan University (AKU) to build the capacity of frontline healthcare professionals to…

President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Friday said further increasing power…

As the industry-leader in international roaming, Pakistan's leading telecom and digital services provider, Zong 4G, has now come up with an unbeatable UAE International Roaming Power offer for its prepaid…

In order to open Havelian-Thakot highway for traffic before Eid-ul-Azha Chairman National Highway Authority Capt ® Sikander Qayyum paid a detailed visit to the project today and gave necessary instructions…

State Bank of Pakistan (SBP) has allowed disbursement of wages/ salaries for the month of July to be made before Eid-ul-Azha under its Rozgar Scheme. Earlier the banks were required…

As the lifestyles in every household are becoming busier, food-preservation is now a necessity. The consumers are becoming more aware of socio-economic conditions and the concept of food-security, hence taking…

According to State Bank of Pakistan, given the number of MPC meetings that have taken place in recent months, and actions taken in those meetings, the MPC does not consider…

U.S. Embassy Islamabad is pleased to announce that Mireille Zieseniss will serve as the Embassy Spokesperson effective July 22, 2020. In that role, she will also facilitate media interviews, press…

Pakistan's leading Fiber to the Home (FTTH) broadband service provider, StormFiber, has joined hands with the Karachi United football club to induct their coaches and players to assist StormFiber in…