Pakistan’s mystery billionaire
“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him...
Is this the end of Abu Dhabi group in Pakistan? And who is to blame?
A banker, a lawyer, and a Sheikh walk into a bar. What follows is not a joke, but a tale of high-stakes...
Engro announces massive Rs23bn in dividends. But is this a good thing?
After a decade of trying to find the right investment, Engro takes a step back
TPLI’s acquisition of target company approvedÂ
TPLI was launched as a general insurance company, it introduced innovative insurance products using creative marketing tactics in Pakistan
Is Treet Corporation Pakistan’s next big conglomerate?
Syed Sheharyar Ali is now the fourth generation of his family to be a major business owner in the region that is...
Schon Properties, owners of Multan Sultan get assets seized by Dubai Land Department
It is pertinent to mention that Schon Properties own Pakistan Super League’s (PSL) Multan Sultan cricket team.
FBR turned down health ministry’s proposal to increase cigarettes prices
ISLAMABAD: The Federal Board of Revenue (FBR) straightaway rejected the Ministry of National Health Regulation Authority’s proposal’ to soar the cigarettes price...
Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan
At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.
Engro to invest Rs7.6bn in a new PVC plant
LAHORE: In a notification sent to the Pakistan Stock Exchange (PSX), Engro Polymer and Chemical Limited (EPCL) notified the bourse regarding financing...
Chinese group to set up cheese processing factory in Pakistan
BEIJING: Joint Holdings Group Chairman Bai Shun called on the Consul General, Muhammad Mudassir Tipu on Monday at Pakistan’s Consulate General in...
Panasonic likely to sell security camera factory
TOKYO:Â Panasonic Corp is considering selling a Chinese plant that makes security cameras in a deal it hopes will fetch over $450 million,...
NAB increases scrutiny, seeks proper documentation for major agreements
ISLAMABAD:Â The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...
Apple on brink of $1 trillion valuation, but Amazon isn’t far behind
Apple’s stock has risen 24 percent over the past year, fueled by optimism about the iPhone X, the company’s latest smartphone and Amazon’s stock has surged 70 percent over the past 12 months, bolstered by 31 percent revenue growth
Pakistani, Polish firms to cooperate on upstream projects
WARSAW: Poland’s leading gas company, PGNiG, has agreed with Pakistan’s Mari Petroleum Company to cooperate on upstream projects, PGNiG said on Monday.
“This...
FBR meets PSO leadership, discuss tax compliance and revenue generation
ISLAMABAD:Â As part of the Federal Board of Revenue's (FBR's) taxpayers outreach programme aimed at acknowledging the contribution of taxpayers and offering them...