BP reserves increased by US$ 84 million
The total liquid foreign reserves held by the country stood at US$ 15,965.5 million as of 08-Nov-2024. The break-up of the foreign reserves position is as follows: Foreign reserves held…
Arts Council of Pakistan Karachi presents Comedy Drama “Guddi Hateli”
On the sixth day of the 21-day "Awami Theater Festival" organized by the Arts Council of Pakistan Karachi, the Urdu comedy-drama "Guddi Hateli" was staged. Muhammad Tasneem Rana wrote and…
OICCI highlights the critical role of the private sector in climate resilience at COP 29
At COP 29, the Overseas Investors Chamber of Commerce and Industry (OICCI) underscored the essential role of public-private collaboration in tackling Pakistan’s climate challenges. The OICCI, which is part of…
Call for urgent tax reforms to address economic challenges – Syed Mazhar Ali Nasir
Syed Mazhar Ali Nasir, Former Senior Vice President of the Federation of Chambers of Commerce and Industry (FPCCI) and Vice chairman of UBG Sindh Region has stressed the need for…
Macpac Films Limited Corporate Briefing Summary
In their recent corporate briefing, Macpac Films Limited (MACFL) reviewed their performance for the fiscal year 2024 and the first quarter of 2025. Founded in 1993 by Mr. Maqbool Elahi…
Kohat Cement is installing a new 10MW solar plant to supplement its existing 10MW solar capacity
Kohat Cement Company Limited (KOHC) held its corporate briefing today to discuss the financial results of FY24 & 1QFY25 and its future outlook. Key highlights of the briefing are as…
Pakistan to participates in Vietnam International Trade Fair 2025
Messe Frankfurt (HK) Ltd and the Vietnam Trade Promotion Agency (VIETRADE) will organize the international fair for the entire textile value chain, the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies…
Pakistan and Bangladesh established direct maritime link between the two countries.
A cargo vessel from Pakistan’s Karachi arrived at Chittagong Port on November 13, the first direct trade between the two countries. The ship, carrying a diverse array of goods with…
Flat electricity tariff across industries demanded: FPCCI
Ms. Qurrat Ul Ain, Acting President, FPCCI, has demanded that – while the apex body appreciates the announcement of the winter package – the relief in the electricity tariff announced…
OGDC expects to complete the feasibility study and financing for the Reko Diq project by Dec 2024.
Topline Securities hosted the Pakistan Energy Conference 2024, where the first session featured the Oil & Gas Development Company (OGDC). The speaker for this session was Mr Mohammad Anas Farook,…
Spotify continues user and Premium subscriber growth in Q3
Last night, Spotify released its Q3 2024 earnings, showcasing its strong performance as the most popular audio streaming subscription service. For the quarter ended September 2024, Spotify’s monthly active users grew…
GAC received the Maritime Standard Awards 2024
For the 6th time, the GAC Group has won the Ship Agency of the Year accolade at the premier shipping and maritime awards event in the Middle East and Indian…
Meta supports Pakistani creators to inspire a new wave of content
Meta connected with content creators in Karachi through various engagements starting with an event that brought together around 40 creators from across Pakistan. Throughout the week, Meta worked with popular…
Meezan Bank and CashNow join hands to develop Pakistan’s First Digital Islamic Supply Chain Finance
Meezan Bank, Pakistan’s leading Islamic bank, has entered into a strategic alliance with CashNow, Pakistan's pioneering supply chain finance platform, to revolutionize Shariah-compliant supply chain finance. A Memorandum of Understanding…
PVMA celebrates Atif Ikram Sheikh’s appointment as CACCI Vice President
The Pakistan Vanaspati Manufacturers Association (PVMA) has extended its heartfelt congratulations to Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), on his recent…
Abhi & TPL Corp receive approval to Acquire FINCA Microfinance Bank
In a groundbreaking development, Abhi Private Limited and TPL Corp Limited have received approval from the State Bank of Pakistan to purchase FINCA Microfinance Bank Limited jointly. The strategic alliance…
International Cargo Terminals receives the operating license in Pakistan
International Cargo Terminals (ICT) expresses heartfelt appreciation and acknowledgement for issuing the operating license, which marks a pivotal milestone in our mission to advance Pakistan’s cargo handling and trade infrastructure.…
Lucky Cement is entering the copper and gold mining sector: IMS Research
LUCK held its corporate briefing today to discuss its operational and financial performance for 1QFY25. The company posted a consolidated NPAT of PKR19.8bn (EPS: PKR61.18), flat YoY, despite weaker domestic…
Fast Cables BMR activity, as outlined in the IPO plan, remains on track
Fast Cables Ltd (FCL) held its analyst briefing earlier today to brief investors about FY24 results and future outlook: The company reported an NPAT of PkR1.89bn (EPS: PkR3.0) during FY24,…
Atif Ikram Sheikh, President FPCCI, elected as Vice President of 27-Country Alliance
Mr. Atif Ikram Sheikh, President FPCCI, was elected Vice President of the Confederation of Asia–Pacific Chambers of Commerce & Industry (CACCI) for the tenure of 2024 – 26 during the…
OPPO announces its consumer-focused OFans Festival align with 11.11 sales
OPPO, a global leader in smartphone devices, is thrilled to announce its consumer-focused OFans Festival, offering unmissable discounts and heartfelt surprises for OPPO fans. This 11.11, OPPO is giving back…
BankIslami launches New Mobile App amid secure accessible banking
BankIslami, one of Pakistan’s top Islamic banks, has introduced its redesigned mobile app, aiming to elevate the mobile banking experience with state-of-the-art security and user-friendly features tailored for customers across…
Islamabad: Federal Minister for Maritime Affairs, Qaiser Ahmed Shaikh along with the officers of Ministry of Maritime Affairs in meeting with the senior officials of Danish Shipping Company Maersk Line on November 11, 2024
Danish Foreign Minister’s visit to Pakistan
Federal Minister for Maritime Affairs Qaiser Ahmed Shaikh on Nov 11 welcomed senior officials from Maersk Line, the Danish shipping giant, to a key meeting ahead of the Danish Foreign…
Sehat Kahani and Jubilee Life partner to expand OPD services in Pakistan
Jubilee Life Insurance, Pakistan’s leading private-sector life insurance company, has expanded its partnership with Sehat Kahani, the nation’s leading telemedicine platform, to introduce outpatient department (OPD) claims management services. This…
Pakistan Autos sees volume recovery continued in October: IMS Research
PAMA reported auto sales of 13,108 units in October, tripled YoY and up 27% MoM, where the former is due to the absence of import restrictions, while the latter signals…
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