Integry raises $1 million pre-seed

The news comes just as the software integration market has heated up due to COVID-19.

G7 finance officials back need to regulate digital currencies

WASHINGTON/BERLIN: Finance ministers and central bankers from the Group of Seven (G7) advanced economies strongly supported the need to regulate digital currencies,...

China’s Tencent profit surges 89pc as it rides gaming boom

HONG KONG: Chinese gaming and social media giant Tencent Holdings Ltd reported an 89pc rise in quarterly profit on Thursday, with its...

K-Electric posts Rs2.96bn loss for FY20

The Board of Directors of K-Electric Limited recently approved the company's financial results for the year ended June 30, 2020. As per the...

Pioneer Cement posts Rs40m loss for 1QFY21

LAHORE: The Board of Directors of Pioneer Cement Limited (PIOC) met on Thursday to review the company's performance and announce its financial...

Fauji Cement profit jumps 138pc to Rs696m in 1QFY21

LAHORE: The Board of Directors of Fauji Cement Company Limited (FCCL) met on Thursday to review the company's performance and announce its financial...

Shell Pakistan posts Rs1.8bn profit for Q3 2020

The Board of Directors of Shell Pakistan Limited on Wednesday announced the company’s financial results for the third quarter ending September 30,...

Indus Motor’s profit increases 40pc to Rs1.85bn in 1QFY21

The Board of Directors of Indus Motor Company (IMC) on Wednesday released its financial results for the first quarter ended September 30,...

Soneri Bank’s nine-month profit rises 49.5pc to Rs1.81bn

The Board of Directors of Soneri Bank Limited, in its 181st meeting held on Wednesday, approved the bank’s condensed interim financial statements...

1QFY21: Nishat Mills’ profit up 2.5pc to Rs946m

LAHORE: The Board of Directors of Nishat Mills Limited (NML) met on Wednesday to review the company’s performance and announce its financial results...

Nestlé Pakistan posts Rs88.7bn revenue for 9M2020

Nestlé Pakistan Limited posted a revenue of Rs88.7 billion for the nine-months period ended September 2020, an increase of 1.9pc compared to...

Jack Ma to buy one-fifth of Ant shares in mega IPO

HANGZHOU: Alibaba Group agreed to subscribe to more than a fifth of Ant Group’s imminent initial public offering, propping up its part-owned...

Bank Alfalah posts Rs8.3bn profit for 9M2020

The Board of Directors of Bank Alfalah Limited on Wednesday approved the bank’s unaudited condensed interim financial statements for the nine-month period...

Bank AL Habib’s nine-month profit surges 87pc to Rs13.13bn

The Bank AL Habib Limited (BAHL) Board of Directors on Wednesday announced the bank's financial results for the nine months period ended...

Healthtech startup MedznMore claims raising Pakistan’s largest seed round of $2.6m

LAHORE: Karachi-based health-tech startup MedznMore Sunday claimed to have raised $2.6 million in seed round for its medicines and healthcare products delivery...