ADB organises workshops to promote Pak trade, exports
ISLAMABAD: The Asian Development Bank (ADB) convened consultation
workshops on “The CAREC Integrated Trade Agenda 2030 and Special Economic Zones
Development” here to promote...
SECP intensifies efforts against terror financing
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has intensified its efforts to combat terror financing and money laundering. On the...
Market Daily: Indices in red as political uncertainty prevails
LAHORE: To add to the economic uncertainty came political trouble. As protestors march towards the Federal Capital Islamabad, investors sell at the...
Pakistan’s leading lock screen app Slide set to be acquired by S.Korean Buzzvil
The application that raised $1.2 million as seed round and $3.6 million in Series A funding had over 7 million users as of February 2018 since its launch in Pakistan and India in 2015
PIA’s financials crash amid mismanagement, interdepartmental conflicts
LAHORE: Pakistan International Airlines (PIA) faces a loss before tax of Rs54.2 billion for the eleven month period from September 2017 to...
CLSA Ltd returns to Pak after 17 years, buys minority stake in Alfalah securities
KARACHI: The Hong-Kong based CLSA, the CITIC Securities Company, entered into a joint venture with Bank Alfalah today, to buy a 24.9...
Oil prices rise on decline in US fuel inventories, looming Iran sanctions
SINGAPORE: Oil prices rose on Thursday, extending solid gains from the previous session on a fall in US crude inventories and expected...
Power distribution companies T&D, non-payment losses a hefty Rs110 billion
KARACHI: Power distribution companies, including K-Electric, have incurred more than Rs110 billion in overall losses on supply wastage and non-receipt of bills...
IFC, SBP to boost green banking
KARACHI: International Finance Corporation (IFC), the World Bank's private sector investment arm and the State Bank of Pakistan (SBP) on Wednesday signed...
NEPRA approves tariff raise of Rs0.36 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved an enhanced tariff by Rs0.36 per unit on account of fuel adjustment for...
Aramco doubles scientists in technology patent spree: report
US technology patents on the rise
Aramco scientist intake also surges
LONDON: Saudi Aramco is boosting its patented technologies after doubling its...
PML-N’s haste results in hit worth billions, threatening rupture in power supply
KARACHI: Breathless haste, casting caution and procedures to the wind, the Pakistan Muslim League-Nawaz (PML-N) government tried to bring online power projects before...
Government to send NBP president packing
The federal government on Tuesday decided to remove National Bank President Saeed Ahmad Khan from his post amid corruption allegations against him.
The...
Systems Limited half-yearly profits increase by 63pc
Systems Limited reported a commendable increase of 63 per cent in half-yearly profits on a year-on-year basis, mainly due to top line increment...
Fatima Fertilizer’s gross profits jump 68pc amid decreasing cost of sales
Despite a 2 per cent reduction in Fatima Fertilizer Company’s sales, its bottom line rose up significantly, due to decreased cost of...