PNSC declares 20 percent cash dividend

PNSC Board of Directors in its meeting on September 21, 2016 has reviewed and approved its financial performance and position for the year ended June 30, 2016. Group After Tax Profit of Rs 2,323 million has been achieved during this year against Rs 2,116 million in the last year, Earnings Per Share for the Group increased to Rs 17.59 from Rs 16.02 in the corresponding last year.… Continue

Huawei P9 Shines out in EISA Awards

Huawei’s flagship smart phone –Huawei P9 has succeeded to draw the attentions of the European Image and Sound Association (EISA) judges as they have recently awarded the Huawei P9 with the European Consumer Smart Phone award 2016-17. Huawei P9 has been attracting the critics and technology analysts due to its perfect camera features and extraordinary specifications.… Continue

8 members of KATI’s EC elected unopposed

Korangi Association of Trade Industry (KATI) has announced unopposed election of 8 members of its Executive Committee. According to statement released by KATI Masood Naqi, Muhammad Salman , Gohar Naeem Khan, Najmul Arfeen, Usama Niazi, Umer Rehan and Shaikh Fazl-e-Jalil have been elected unopposed on the 8 vacant seats of Executive committee, for 2016-17.… Continue

Bank Alfalah partners with SCO to launch branchless banking service in AJK and Gilgit-Baltistan

Taking a major stride toward its financial inclusion goals in the country, Bank Alfalah has joined hands with Special Communications Organization (SCO) for the launch of its branchless banking service in Azad Jammu & Kashmir and Gilgit-Baltistan. A brand envisioned as ‘S-Paisa,’ Bank Alfalah’s branchless banking offering is aimed to empower more than 6 million people of Azad Jammu & Kashmir and Gilgit-Baltistan through state-of-the-art, convenient, and secure Branchless Banking service.Continue

Finance Minister reviews the revenue collection target

The Federal Minister for Finance Senator Mohammad Ishaq Dar chaired a meeting today to review the revenue collection targets and the preparations for the sales tax refunds in cases where RPOs have been issued up till 30th June 2016. Chairman FBR Nisar Mohammad Khan briefed the Finance Minister about the latest revenue collection figures.Continue

National Bank is superior than all banks of the country, Yameen Akhtar

Advisor to Federal Ombudsman’s Regional Office Muhammad Yameen has said that National Bank is superior than all banks of the country, National Bank is not backward than anyone in the field of social welfare, services of NBP are better than other banks, he was addressing on the occasion of inauguration ceremony of ATM on 66th anniversary of National Bank.Continue


In view of the requests and the huge interest shown by the perspective parties for acquisition of up to 40.25% in the share capital of Kot Addu Power Company (KAPCO), the Privatisation Commission has extended the date for submission of Expression of Interest (EOI) & Statement of Qualification (SOQ) Commission till October 20, 2016 by 4:00 PM latest.Continue

Etihad Airways named ‘Best International Airline

Etihad Airways was named ‘Best International Airline – Offline’ at the 2016 Travel Agents’ Association of New Zealand (TAANZ) National Travel Industry Awards held in Auckland on 10 September. Voted for by the New Zealand travel industry, the award recognises the airline’s world-class product and service.Continue

Industrial Revival in CPEC Regime must for Country’s Prosperity Says CEO – PIDC

Pakistan earnestly needs to revive Industrialization through DFIs, Joint Ventures FDI to promote value added sector if industrial survival was required in highly competitive regime of China-Pakistan Economic Corridor. Muhammad Iqbal Tabish, newly appointed CEO of Pakistan Industrial Development Corporation (PIDC) who desired a leading role for Ministry of Industries and Production in CPEC initiative, stated this. Continue

Shura Hamdard Karachi meeting


Speakers at the meeting of Shura Hamdard Karachi chapter urged the government to start a programme on national level to infuse the masses with enthusiasm of Pakistan Movement and imbue them with national pride in order to promote unity, fraternity and solidarity among the people of Pakistan as some outer forces are trying hard to create hat and dissension among them.… Continue

New U.S. Embassy Website Offers Information on Programs and Resources

American Ambassador David Hale officially launched the U.S. Mission to Pakistan’s new and improved website with an online greeting for all virtual guests.  In his message, Ambassador Hale invites everyone to the website to see “all of the different ways America and Pakistan are working together … and see how cooperation between our two nations makes our enduring partnership grow even stronger.” Continue

SECMC and EPTL get telecom facility from Wateen

Sindh Engro Coal Mining Company (SECMC) and Engro Thar Power Limited (EPTL) signed a Memorandum of Understanding with Wateen Telecom – Pakistan’s largest telecommunication service provider – for provision of Dedicated Internet, Data and Telecommunication services to SECMC and EPTL at their coal mining and power plant sites at Thar.… Continue

Indonesia’s Solo Exhibition


President Karachi Chamber of Commerce and Industry Younus Muhammad Bashir alongwith Consul General of the Republic of Indonesia Hadi Santoso cutting ribbon at the opening ceremony of Indonesia’s Solo Exhibition & Cultural Dance Performances at local shopping Mall.Continue

Bank Alfalah, Pak Suzuki join hands to offer ‘Finance Arrangement Program’

In line with its commitment to facilitate customers in every possible way, Bank Alfalah has partnered with Pak Suzuki Motor Company Limited (PSMCL) to offer ‘Finance Arrangement Program’ to their extensive customer base.

The program will cater to the evolving financial needs of mutual customers by delivering innovative solutions with value-added benefits.TheContinue

Easypaisa brings the most affordable and accessible Car Insurance policy in Pakistan

Consistently bringing innovation in Pakistan’s financial services framework, Easypaisa, in collaboration with United Insurance Company, is proud to introduce the industry’s first ‘Easypaisa Car Insurance’, offering the most affordable and accessible set of auto coverage in Pakistan.

Easypaisa Car insurance can be availed by paying a premium price of 2.5% of the car’s market value annually, whereas competitive plans typically cost more.Continue

World Islamic Finance Forum (WIFF) to kick off on 5th September 2016

A press briefing was held to highlight the uniqueness of the World Islamic Finance Forum (WIFF) 2016, an international Islamic conference organized by Centre for Excellence in Islamic Finance (CEIF), IBA. Senator Mohammad Ishaq Dar, Minister of Finance would be the Chief Guest at WIFF 2016, a unique conference which will bring together researchers, academicians and practitioners for generating innovative ideas to stimulate Islamic Finance growth, while overcoming present day industry challenges.Continue

Shell Select reopens its doors at Askari IV Service Station

Shell Select at Askari filling station at Rashid Minhas Road has reopened its doors for customers with an exciting array of shopping choices. With an expanded range of convenience items, the store also houses popular brands like Pie in the Sky, Cold Stone Creamery, Meat One and GreenO along with ABL and UBL ATMs for quick cash withdrawal.… Continue

Engro: Sustainable Fishing Entrepreneurship

Engro and the World Wide Fund for Nature-Pakistan (WWF-Pakistan) have entered into a partnership for community development and fishery improvement.


Aiming to provide alternative livelihoods to fishing communities and reduce harmful fishing practices,the top management from both organizations, including Khalid Siraj Subhani – CEO & President, Engro Corporation; Syed Muhammad Ali – CEO Engro Vopak and Elengy Terminal Limited and Hammad Naqi Khan, Director General, WWF-Pakistan, inaugurated the two-and-a-half-year long initiative at a local hotel yesterday.Continue