Tech startup from Karachi wins Rs1mn in StartUp Cup
LAHORE: The fourth edition of the 2017-18 StartUp Cup, funded by the United States was won by a team from Karachi, Retailistan, that beat 17 other...
Engro’s third quarter profit rises 62pc YoY
LAHORE: Engro Corporation, on Monday, in a board of directors meeting held in Karachi approved its financial results for the quarter ended...
Mohsin Ali Nathani appointed President/CEO of Habib Metropolitan bank
LAHORE: Habib Metropolitan Bank Limited in a stock exchange notification on Monday announced the appointment of Mohsin Ali Nathani as President and...
Subhani’s group to invest $3 billion in country’s real estate, energy and other sectors
LAHORE: Subhanis Group through its partner BMS International Commercial Investment is set to invest $3 billion in Pakistan’s real estate sector, energy,...
PM calls CCoE meeting in Karachi to resolve K-Electric, SSGC dispute
ISLAMABAD: As the row between K-Electric and Sui Southern Gas Company (SSGC) continues, the federal government is anticipated to establish a mechanism...
Asian stocks slip due to high yields, as oil prices remain high
SYDNEY: Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations while keeping a...
Oil prices dip on increasing U.S rig count
SINGAPORE: Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country’s output, underlining...
ZTE seeks resolution of US export ban
BEIJING: China’s ZTE is seeking a resolution to a U.S. ban on selling it parts and software that it has said threatens...
Pakistan to get ‘Guest of Honor’ status at Shanghai expo
ISLAMABAD: The message from China is of hope when it says that Pakistan could further boost its bilateral trade with China, and...
Tech to be introduced in power sector to enhance efficiency: Minister
ISLAMABAD: Minister for Power Division, Awais Leghari has said the government plans to introduce a technology-based system in the power distribution companies...
ICST seeks relaxations for agriculture sector in the upcoming budget
ISLAMABAD: Terming the agriculture as the backbone of the economy, Islamabad Chamber of Small Traders (ICST) Sunday demanded purposeful relaxations for this...
Budget is being prepared to trap next government in financial difficulties: experts
ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...
Islamic banking investments rise 1.8pc in Oct-Dec
ISLAMABAD: Net investments of the Islamic banking industry have recorded an increase of 1.8 per cent (Rs9 billion) during the quarter from...
SBP’s role in BankIslami-KASB bank merger was “breaches of statutory duty”: SHC
LAHORE: The Sindh High Court (SHC) has directed the State Bank of Pakistan (SBP) to re-examine the valuation of the defunct KASB...
Pakistan to produce over 1,000 MWs of clean energy through wind power
KARACHI: Pakistan is all set to produce over 1000 Megawatts (MW) of clean electricity through wind energy alone in the current year,...