Al-Shaheer enters processed food industry

Karachi In what seems like an effort to grab a slice of the largely untapped frozen food industry of Pakistan – which accounts...

Bank of Punjab is back in the game

GOP promises more funds on top of Rs17 billion already deposited The Bank of Punjab (BOP) has shown a phenomenal recovery in the...

Cinema owners eye expansion in tier two cities as Hyderabad gets its first multiplex

Hyderabad Heading to Hyderabad on a Tuesday morning, a group of Karachi-based journalists and bloggers enjoys a friendly banter about what they perceived...

Uber, Careem drivers making more than bankers’ average salary

Employment opportunities broaden as Uber, Careem expand footprint in Karachi Forget long, tedious nine-to-five jobs; driving a cab is the new darling for...

Consumers lose money amid falling demand for old 100-dollar bills

Moneychangers, banks exploiting situation as regulator looks the other way

Dar expresses satisfaction over divestment process facilitated by SECP

Advises to keep national interest supreme, complete process speedily, assure transparency Federal Minister for Finance Senator Ishaq Dar has expressed his satisfaction over...

Iraq plans to sell oil through Iran if talks with Kurds fail

Iraq's government would consider selling crude through Iran should talks with the autonomous Kurdish region on an oil revenue-sharing agreement fail, a...

NBP earns Rs 6.1bn in April-June 2016

National Bank of Pakistan (NBP) Friday announced its consolidated earnings of Rs 6.1 billion (EPS Rs2.8) for April-June 2016 as compared to...

PIA Training Centre to start 12-week Cabin Crew training

The PIA Training Centre (PTC) is starting a 12-week Cabin Crew Basic Training program for the newly recruited cabin crew.   A spokesman of...

Motorcycle production up by 16.54% in FY16

The production of motorcycles increased by 16.54 percent during the fiscal year 2015-16 compared to the corresponding period of last year.   As many...

Iran wants pre-sanctions oil market share: minister

  Iran wants its pre-sanctions share of the crude oil market, Oil Minister Bijan Zanganeh said Friday ahead of an informal OPEC meeting...

Chinese company seeks generation licence for 700 MW coal power plant

  Datang Pakistan Karachi Power Generation (Pvt) Limited (DPKPG) a subsidiary of China Datang Corporation has submitted an application to National Electric Power...

Oil prices dip, Saudis dampen hopes on output talks

Oil prices dipped in Asia on Friday after Saudi Arabia's oil minister cast doubt on the need to cut output, denting hopes...

Indus PAT grew 26% to Rs 11.5 billion 2015-16

Indus Motor Company (INDU) announced its fourth quarter 2015-16 results, in which the company reported profit after tax of Rs 2.6 billion...

MCB all set to acquire NIB Bank

MCB Bank has completed the due diligence for acquiring NIB Bank Limited. The acquisition is being made in order to scale-up operations...