LUCKY

Lucky Cement records Rs13.69bn profit for FY 2016-17

KARACHI Lucky Cement Limited posted a net profit of Rs 13.69 billion for the fiscal year ended June 30, 2017, which is 5.8 per cent...

HBL, Diamond Trust Bank merge Kenyan operations

LAHORE According to sources, one of Pakistan's premier banks, Habib Bank Limited (HBL) has merged its operations in Kenya into Diamond Trust Bank, Kenya. The strategic...

Indonesia eager to expand bilateral ties with Punjab

LAHORE A high-level Indonesian delegation comprising of Indonesian Ambassador Iwan Suyudhie Amri and, the third secretary of the embassy of the Republic of Indonesia Ari...
Pakistan China FTA

China to take over construction of $2.5bn Karachi Circular Railway

ISLAMABAD After taking great amounts of dilly dallying from various federal and provincial departments, Japan has finally separated itself from financing the $ 2.5 billion...

ICI posts profit after tax of Rs3.296bn in 2016-17

KARACHI The Board of Directors (BOD) of ICI Pakistan Limited, on Monday, posted a profit after tax (PAT) of Rs 3.296 billion in 2016-17, higher...

Faysal Bank appoints Yousaf Hussain as president, CEO

KARACHI The chairman and Board of Directors (BOD) of Faysal Bank Limited appointed Yousaf Hussain as the President & Chief Executive Officer (CEO) of the...

Unprecedented trade deficit surpasses $30bn during 2016-17

ISLAMABAD The unprecedented trade deficit of Pakistan has knocked a record level of USD 30 billion in 2016-17, demonstrating a jump of 42 per cent...

Market daily: KSE-100 loses intraday gains to settle little above 46,000pts

LAHORE Investors took a leap of faith in the Pakistan Stock Exchange (PSX) after the apex court decision cleared the dust over the political environment....

Careem rolls out insurance service for captains and riders

Road safety is a key priority for Careem. This applies to both captains and customers and is emphasized in captain training and communications with...

NIB bank gets delisted from PSX

Karachi: NIB bank has been delisted from the Pakistan Stock Exchange (PSX) today, in a notification sent by the entity to the bourse. Last month,...

Byco refinery starting supply to market from August

Karachi: In a notification sent to the bourse on Monday, Byco Petroleum Pakistan Limited has announced that it will be restarting production of its...

Oil prices rise to two-month high

Singapore: Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member Venezuela. Brent crude...

ICI Pakistan reports 16pc increase in profits for FY 2016-17

Karachi: In a notification sent to the Pakistan Stock Exchange on Monday, ICI Pakistan has announced its results for the financial year ended 30th...

Chinese export demand declined in July

Hong Kong: Chinese factory activity eased in July as export demand weakened while momentum in service industries also waned, according to official surveys out...

PCJCCI calls for digitalizing of small industries

Islamabad: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) Founder President Shah Faisal Afridi has suggested that digitalizing and revolutionizing small industries should be...

Popular News

Cement prices surge to previous levels in Punjab

LAHORE: Cement prices, after witnessing a drop of almost 15pc during the last five months, have started reverting to the previous level in the northern...

Latest News

Less than 500 expats invest miserly $26 million in Diaspora bonds

Less than 500 expatriates have invested in Prime Minister Imran Khan's Pakistan Banao certificates, raising a measly $26 million, and putting the PM's major...