Owners of Getz Pharma finalise deal to acquire Mitchell’s Fruit Farms

Getz Pharma was not mentioned in the announcement made by Mitchell's on November 20, 2019; no details shared with PSX and shareholders yet

Atlas Honda to launch new 125cc motorbike on 4th

'The motorbike will be priced between Rs140,000-145,000' KARACHI: Atlas Honda Company, one of the leading bike manufacturers in Pakistan, is all set to launch...

Abraaj founder released from custody after $19 million bail payment

Arif Naqvi will have to surrender his Pakistani passport, wear an electronic tag and remain under 24-hour curfew LONDON: Arif Naqvi, the Pakistani...

Pakistan’s Airlift secures $12m in Series A financing

Airlift, a Pakistan-based decentralised mass transit system, has secured $12 million in Series A financing. The round was led by First Round...

Swvl expands its app-based bus hailing service to Rawalpindi, Islamabad

Weeks after launching its service in Lahore, Swvl, the Dubai-headquartered bus-hailing pioneer, is expanding its service to Islamabad and Rawalpindi. Swvl will be...

Rupee continues to tumble, down 3.1 per cent

It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.

Twelve foreign recruitment firms blacklisted in Pakistan

ISLAMABAD: The Bureau of Emigration and Overseas Employment (BEOE) has barred 12 foreign recruiting firms from hiring Pakistani workforce due to non-compliance with...

Govt urged to give clear policy on dollar

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has sought a clear policy statement from the government on the price of the...

FBR warns business community against under-invoicing, misdeclaration

The Federal Board of Revenue (FBR) has warned the business community against under-invoicing or misdeclaration of imported goods. “Otherwise, the FBR will take...

Gwadar free zone being modelled after China’s Shekou Industrial Zone

BEIJING: Gwadar Port free zone would be modelled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and...

Another online cab service to be inaugurated next month

ISLAMABAD: A Chinese company is all set to launch its ‘Buraq’ taxi service on Saturday (August 10) in six big cities across the...

Shell Pakistan, Hyundai Nishat embark on landmark partnership

LAHORE: Shell Pakistan Limited and Hyundai Nishat Motor Private Limited have signed an agreement to ensure value for their customers. Bringing this...

Turkish giant Arçelik eyes further expansion in Pakistan

The chief technology officer of Arçelik, the largest Turkish enterprise, visited Pakistan on an official visit from 14th to 16th of May,...

KSE 100 jumps 1,055.41pts, anticipates Pakistan’s greylist removal

The KSE 100 index has gained 1,055.41 points in the very first hour of the trading session here on Wednesday

Pakistan’s biggest pharma deal in advanced talks: report

Businessman Munis Abdulla to purchase one of OBS Group's pharmaceutical operations for a reported sum of Rs11bn Pakistan's OBS Group is in...