Regulators keep quiet as K-Electric sits on its annual reports for two years
ISLAMABAD:Â K-Electric (KE) has still yet to issue its annual report for the previous year, fiscal 2016-17, while its major stake is in...
SECP issues anti-money laundering guidelines for non-profits
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) guidelines for Non-Profit Organisations...
Revenue from cigarette industry surges by Rs88.54bn in 2017-18
KARACHI: On a report of the Public Accounts Committee (PAC) submitted on May 23, the National Accountability Bureau (NAB) has initiated an investigation...
Monthly oil sales sink to seven-year low, nearly 50% year on year
KARACHI: The country’s oil sales touched a seven-year low to 1.35 million tonnes in August, down by 46 percent year-on-year. Similarly, during...
Rouhani: Iran will export crude oil despite US pressure
TEHRAN: Iranian President Hassan Rouhani says his country will continue exporting crude oil despite US efforts to stop it through sanctions.
Speaking to...
NBP top of the profitability totem pole
New strategy makes NBP surge ahead in terms of earnings, despite key officials under a cloud
ISLAMABAD: Latest earnings reports of Pakistan’s top-five banks...
PSX approves Byco Petroleum’s listing of Rs3,120mn Sukuk
The Pakistan Stock Exchange (PSX), according to a notification today on its website, has approved the Listing of the Privately Placed, Rated...
Al Baraka Bank forms alliance with Honda Atlas to facilitate auto-finance
Al Baraka Bank Pakistan Ltd. (ABPL) has recently signed a Strategic Alliance Agreement with Honda Atlas Cars Ltd. Through this venture, Al...
IBP honors Khushhali Microfinance Bank’s president with fellowship
KARACHI: Ghalib Nishtar, President of Khushhali Microfinance Bank (KMBL), has been honored with the ‘Certificate of IBP Fellowship’ by the Institute of...
Arif Habib Ltd to guarantee $11mn for Power Cement Ltd
Arif Habib Corporation Limited intends to make an additional investment worth $11 million in Power Cement Limited, an associated undertaking of the...
Market Daily: KSE-100 gains 171.93 pts amid low volumes
LAHORE: The Pakistan Stock Exchange (PSX), after starting the trading session leaped up in the afternoon. Indices swayed in both directions until...
Zameen.com’s Pakistan Property Show set to return to Dubai
Pakistan’s top property portal Zameen.com is set to take the country’s real estate market
international again with the latest edition of its highly...
PM directs petroleum ministry to address gas theft
LAHORE:Â Prime Minister Imran Khan today directed the Petroleum Division to chalk out a comprehensive plan for checking gas theft in the country...
New PIA chairman appointed
KARACHI: Secretary Aviation, Muhammad Saqib Aziz has taken over the charge of Pakistan International Airlines Corporation Limited (PIACL) chairman. The decision was taken...
Today is Google’s 20th anniversary – here’s what the company has accomplished so far
Google Inc. is celebrating its 20th anniversary today. The tech giant was incorporated on 4 September, 1998 and has a market capitalization...