HeadlinesMaster Wind Energy applies for listing on PSX
Master Wind Energy Limited, achieved commercial operations status on 14 October 2016 and was its first jump into the realm of renewable energy
May 17, 2018
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HeadlinesDiamond Industries settles liabilities, hopes to resume business activities soon
May 17, 2018
EconomyKenyan digital payment company planning to open operations in Pakistan
Till March this year, 10 percent of the transactions or $24 million being handled by BitPesa included countries in Asia
May 17, 2018
HeadlinesThird launch ceremony for Pakistan Banking Awards held in Karachi
One new category for “Best Emerging Bank” has been added while the name of the category “Best Bank for Corporate Finance and Capital Market Development” has been changed to “Best Investment Banking”; while all other award categories remaining the same
May 17, 2018
HeadlinesTechnical fault at Tarbela leaves several cities without electricity
Following the technical fault at Tarbela, gross production of electricity plunged to 12000 megawatts
May 16, 2018
EconomyPakistan’s resilience to climate change is limited: Moody’s
Rising temperatures and erratic rainfall can affect productivity in agriculture and increase the vulnerability of energy production, as 33% of Pakistan’s energy supply are hydropower-driven
May 16, 2018
EconomyFDI up 2.4 percent, touches $2.237 billion for ten months of FY 2017-18
Financial, oil and gas direct investments remain subdued for the period under review and foreign companies invested $271.5 million in the country’s banking sector against $252.9 million a year ago
May 16, 2018
HeadlinesPakistan averts MSCI downgrade, weight in EM index to slightly fall post China A Shares
May 16, 2018
HeadlinesNED Karachi alum Naveed Sherwani's SiFive raises $50.6 million in series-C funding
Mr Sherwani obtained a bachelor’s degree in electrical engineering from Karachi’s NED Engineering University in 1983 and got a PhD in computer engineering from the University of Nebraska
May 12, 2018
EconomyPM Abbasi announces extension of tax holiday on IT exports for six years
The IT industry is the fastest growing sector of the Pakistan economy, with annual growth rates more than 30 percent and expected to double in size over the next 3-4 years
May 12, 2018
HeadlinesThis ‘crazy’ decision made Apple into the most accomplished company today
May 12, 2018
HeadlinesAbraaj's reputation nosedives over allegation of misused funds
Abraaj has seen a wave of investments get sidelined, a shake-up of its top management, talks of divestment of its investment arm collapse and questions over misuse of funds by leading investors like Melinda Gates Foundation continue
May 11, 2018