$139bn bonanza in pipeline for oil services providers in Middle East
LONDON: GCC and global oil services and equipment providers are cashing in on an upswing in capital spending in Middle Eastern oil...
Finance Minister chairs NEC meeting, reviews progress in AML & CFT
The NEC is a high-level body established to oversee both policy and implementation matters of the anti-money laundering (AML) and counter financing of terrorism (CFT) regime
Chinese entities voice intention to establish joint ventures in agri, livestock sectors
Chinese companies expressed their interest to establish business collaborations with Pakistan in pharmaceutical and other sectors
Finance minister assures electricity, gas prices won’t be increased for industries
APTMA patron-in-chief said Mr Umar had committed to keeping prices at the promised level and the government would find a solution by either providing a subsidy from the budget or cross-subsidizing the industries.
Another probable power price hike on the cards
After the conclusion of the hearing, an official said the additional impact of the prior year adjustment (PYA) for FY18 taking PPP difference into consideration was coming out of the rising net hydel profit to the provinces
National Foods reports 23pc rise in gross profits
As per the financial earnings’ results for the year ended on June 30 2018, National Foods Limited gained 5.5 per cent in annual...
GSK files petition with SHC to merge business divisions
According to a notification on the Pakistan Stock Exchange (PSX), GlaxoSmithKline Consumer Healthcare Pakistan Limited (GSKCH) has filed a merger petition with...
AkzoNobel Chemicals (SMC-Private) starts independent operations in Pakistan
LAHORE: AkzoNobel has announced that AkzoNobel Chemicals (SMC-Private) Limited (ANCPL) is now working as a separate legal entity in Pakistan.
Operations in Pakistan as an...
Octara hosts first event under its ‘Quadrability’ initiative
Octara, Pakistan’s leading training solutions provider in collaboration with Expothon, a Canadian think-tank on innovative excellence, conducted a marathon debate session under...
Huawei unveils AI-equipped Nova 3, Nova 3i in Pakistan
Huawei threw a grand celebration at the launch of its Nova 3 Series in Pakistan for the first time. The series features two...
Sale of high-speed diesel slides down by 150,000 tonnes per month
ISLAMABAD: Sale of high-speed diesel (HSD) has witnessed a massive decline by approximately 150,000 tonnes per month in June, July and August...
NICL officials to visit Dubai to chalk out properties’ fate
ISLAMABAD: After getting the green signal from the management at Liberty House, DIFC, Dubai, the head of National Insurance Company Limited (NICL)...
OGDCL earns 78.736bn profit during FY2017-18
ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has earned an after-tax profit of Rs78.736 billion during the financial year 2017-18 ended...
Market Daily: Waning investor confidence leads to PSX losing 411.62 points
LAHORE: The final day of the week saw investors opting out of the market. Indices added on to the losses as the...
SECP issues guidelines on AML/CFT Regulations, 2018
ISLAMABAD: In order to maintain the integrity of its regulated financial sector in respect to preventing and combating money laundering and terrorism...