Who owns Pakistan? 11 business groups that own 35pc of KSE’s market cap
An infographic by KASB Securities has named the top 11 business groups, which make up 35 per cent of the total KSE...
PM wants exporters to push country’s exports to $100bn
LAHORE: Prime Minister of Pakistan Shahid Khaqan Abbasi on Sunday stressed upon the exporters to increase Pakistan's exports to at least $100...
UAE launches $45bn investment to boost refineries
ABU DHABI: Abu Dhabi National Oil Co. on Sunday announced a $45 billion ($38 billion euro) investment to modify an existing facility...
Water scarcity a threat to the country: FPCCI
KARACHI: FPCCI Chairman Coordination Malik Sohail Hussain on Sunday asked the government to take concrete steps to overcome water scarcity which has...
Cement prices increased ahead of FED implementation
LAHORE: Cement makers have increased prices in the northern region by Rs15-20 per bag ahead of the Federal Excise Duty (FED) to...
Masses to pay for excessive profits of influential industrialists: PEW president
KARACHI: The Pakistan Economy Watch (PEW) on Sunday criticised the decision to buy costly electricity from sugar mills in the presence of...
Is Dewan Yousuf serious or will he hoodwink everyone yet again?
The Group faces a serious credibility crisis as it turns down offers for its cement plants for the umpteenth time – even the lucrative Mega offer – raising doubts about its intent to sell and settle the default.
The Black Sheep of the White Hat community
During our investigation into the recent security breach at Careem, some industry sources highlighted a faction of the white hat community that exploits startups that are vulnerable to cyber attacks, prompting Profit to look into how ethical these ‘ethical hackers’ really are.
What makes Syed Babar Ali tick
The Life Story of a Man of Substance
Sindh Bank-Summit Bank amalgamation not to go ahead without SC approval
The merger of Sindh Bank-Summit Bank has come under scrutiny due to alleged financial irregularities
ZTE paid $2.3 billion to US exporters in 2017
In April this year, the Commerce Department found ZTE had violated the terms of last year’s settlement and banned U.S. companies from providing exports to ZTE for seven years. As a result, ZTE suspended its main operating activities earlier this month
NED Karachi alum Naveed Sherwani’s SiFive raises $50.6 million in series-C funding
Mr Sherwani obtained a bachelor’s degree in electrical engineering from Karachi’s NED Engineering University in 1983 and got a PhD in computer engineering from the University of Nebraska
TAPI pipeline groundbreaking ceremony postponed for few months
Previously, the groundbreaking ceremony on Pakistan’s side was set to be held in December 2017, but the work couldn’t be commenced because of several reasons including non-completion of some preparatory works, route, geotechnical, radar survey
ECC gives go-ahead to revisions in OGRA ordinance 2002
The ECC also gave go-ahead to exemption from regulatory duty on import of dry fruits, vegetables and fresh fruits from Afghanistan which was proclaimed by PM Abbasi on his visit to Kabul recently
Urea prices to rise further, if govt doesn’t release subsidies
Last week, the fertilizer manufacturers had jacked up prices of urea by Rs100 per bag and could increase it by a further Rs106 due to the finance ministry’s unwillingness to release the pending subsidy