PAC asks AGP to hold inquiry into purchase of expensive electricity

ISLAMABAD: Public Accounts Committee (PAC) Chairman Syed Khursheed Ahmed Shah, on Tuesday, directed the Auditor General of Pakistan (AGP) to hold an inquiry for fixing responsibility of...

Foreign airlines remit $ 1.5 billion from Pakistan in last two years

ISLAMABAD: During the last two years foreign airlines have taken out $ 1.5 billion in the form of remittances from Pakistan due to lack of...

PTCL injects Rs 1 billion in U Bank

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has injected an additional equity of Rs 1 billion in U Microfinance Bank Limited (U Bank), which is a...

Government pursuing business friendly environment: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi, on Tuesday, reiterated the commitment of the government to undertake all possible measures aimed at creating an enabling environment...

PM Abbasi optimistic GE will fix issues with gas turbines

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi said on Monday that some of General Electric’s flagship new gas turbines in Pakistan were still suffering from...

SBP to brief Senate body on airline remittances, forex

ISLAMABAD: The Senate Committee on Finance, Revenue, Economic Affairs and Narcotics Control would be briefed on Tuesday on foreign exchange remittances by the State...

CCP to convene open hearing to discuss competition concerns in sugar sector on Jan...

ISLAMABAD: Taking notice of the recent sugarcane procurement crisis in the country, the Competition Commission of Pakistan (CCP) will convene an open hearing on...

$5bn investment lined up for development of Thar coal: Ahsan

ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal on Monday informed the Senate that an investment of $ 5 billion had been lined up for...

PM emphasises enhancement of indigenous exploration, production

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi during a briefing by Pakistan Petroleum Exploration and Production Companies Association (PPEPCA) in Islamabad on Monday, said that ensuring...

Reefland flagship store opens at Model Town Link Road

LAHORE: Reefland relaunched its flagship store at Model Town Link Road on January 19. The mega launch event started with a ribbon-cutting ceremony by Waresa Group...

Hashoo Group secures three CSR awards

ISLAMABAD: Hashoo Group secured three Corporate Social Responsibility (CSR) awards for its significant contributions in social development through different remarkable interventions in the following categories:...

Soneri Bank partners with FetchSky to upgrade banking services

LAHORE: Soneri Bank with its recent strategic alliances with FetchSky is bringing together the combined expertise of both the companies on one common platform, with...

Dawood Hercucles to raise Rs13 billion from Islamic Sukuks

LAHORE: A bourse notification filed Monday by Dawood Hercules Corporation Limited (DHCL) revealed the company’s board had given go-ahead to raise Rs7 billion and...

Aisha Steel Mills Ltd- Yet another business case built on protectionism

Located at Bin Qasim Industrial Park in Karachi, Aisha Steel Mills Limited (ASML) is aiming to more than triple its production before the end...

Should you put Dalda in your portfolio?

On the surface, Dalda Foods looks like the kind of company that has characteristics investors would salivate over: the owner of a decades-old set...

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Should you put Dalda in your portfolio?

On the surface, Dalda Foods looks like the kind of company that has characteristics investors would salivate over: the owner of a decades-old set...