Admore geared to continue impressive growth trend

A massive turnaround for Admore Gas (Private) Limited was planned and successfully executed in 2016, which included induction of highly qualified and experienced staff,...

Executive Decisions: Hussain Dawood comes clean on his investment strategy

Earlier this month, Profit had a chance to interview Hussain Dawood, Chairman Dawood Hercules, which holds majority shares in Pakistan’s largest private sector conglomerate,...

Return of the Billion-Dollar Gamble

The Enven plant in Daharki, Sindh is gargantuan in more ways than one. At 125 metres (410 feet) in height, it is the second...

What Shanghai Electric is inheriting from Abraaj

The problem with buying a monopoly is that you never really think about the competition until it is too late. Shanghai Electric’s $1.77 billion...

Weekly review: Index witnesses one of its most robust weeks in recent history

The Benchmark KSE-100-Share Index witnessed a historic week with spirited investor interest as political tension wear off during the first two days. The tug...

Iraq plans to sell oil through Iran if talks with Kurds fail

Iraq's government would consider selling crude through Iran should talks with the autonomous Kurdish region on an oil revenue-sharing agreement fail, a senior oil...

Chinese company seeks generation licence for 700 MW coal power plant

  Datang Pakistan Karachi Power Generation (Pvt) Limited (DPKPG) a subsidiary of China Datang Corporation has submitted an application to National Electric Power Regulator Authority...

LPGDAP fears LPG crisis in winter season

Liquefied Petroleum Gas Distributors Association Pakistan (LPGDAP) Chairman Irfan Khokhar Tuesday feared crisis of LPG in the upcoming winter season after imposition of 5.5...

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FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

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Intel launches first artificial intelligence chip Springhill

JERUSALEM: Intel Corp on Tuesday launched its latest processor that will be its first using artificial intelligence (AI) and is designed for large computing...