IMF man to head State Bank of Pakistan

IMF's resident director for Egypt Dr Reza Baqir appointed as governor of central bank for three years Dr Ahmed Mujtaba Memon...

$497m Thar coal project achieves financial close

Another Thar coal-based power generation project achieved financial close during a ceremony held at the Private Power and Infrastructure Board (PPIB). According to...

Hakim Said’s granddaughter takes charge of Hamdard

Fatema Munir Ahmed will serve as the new managing director and CEO of Hamdard Pakistan KARACHI: Fatema Munir Ahmed — granddaughter of Hakim...

Are Daraz pick-up points a good business strategy?

One of the biggest challenges faced by the e-commerce industry is fulfilment. That is making timely deliveries. But what if a customer...

Honda Atlas increases prices of its vehicle lineup

Honda Atlas Cars (Pakistan) Limited on Friday increased the prices of its vehicle lineup. The new tariff will be effective from October...

OGDCL to fuel Pakistan’s energy needs with new gas and oil production

OGDCL's Bettani field prepares to deliver energy boost to Pakistan

Hamdard set to introduce low-calorie, sugar-free variants of Rooh Afza

Rooh Afza constitutes 95 percent of Hamdard's exports overseas and according to Euromonitor stats from 2017 has a 60 percent share of concentrated beverage market domestically

APTMA chief Gohar Ejaz to head FBR’s tax settlement body

LAHORE: The Federal Board of Revenue (FBR) has appointed All Pakistan Textile Mills Association (APTMA) Patron-in-Chief Gohar Ejaz as head of its...

$300 million market and growing: worlds’ largest courier and parcel service joins hands with TCS

Karachi Pakistan’s most recognized courier, logistics and e-commerce provider, Tranzum Companies and Services (TCS) has announced a partnership with United Parcel Limited (UPS), the world’s...

Govt launches Rs2.35bn Swat fish farming project

ISLAMABAD: National Food Security & Research Minister Sahibzada Muhammad Mehboob Sultan on Thursday inaugurated the Rs2.35 billion 'Trout Fish Farming Programme' under...

Dhabi Group of Companies appoints Tanweer Awan as CEO amid performance woes

The Dhabi Group of Companies, which owns and operates Bank Alfalah, Pakistan’s seventh-largest bank, has appointed transformation and turnaround expert Tanveer Awan,...

Bypassing SBP-Malik Riaz of Bahria Town to acquire Escorts bank

Malik Riaz of Bahria Town is all set to purchase 71% shares of Escorts Investment Bank Limited (EIBL) along with its management...

Habib Bank makes the pivot towards FinTech

Pakistan’s largest bank announces a big push into branchless banking, investments in technology infrastructure

Nestlé inaugurates $22m manufacturing plant in Sheikhupura

Punjab Governor Chaudhry Mohammad Sarwar inaugurated a state-of-the-art manufacturing plant at Nestlé Pakistan's Sheikhupura Factory. The production capacity of the Nestlé Fruita Vitals...

Saudi Aramco acquires 40% stake in Gas & Oil Pakistan Ltd. (GO) but why?

Deal to bring much-needed FDI into Pakistan, but what is in it for Saudi Aramco?