A strong comeback: KIA launches Frontier K2700 pickup truck in Pakistan

In a short time, more KIA dealerships will be opening up across Pakistan, says KIA CEO

Cargill commits to invest over $200mn in Pakistan

Cargill aims to partner on Pakistan's growth by bringing its global expertise and investment into the country PM says Pakistan is...

Rupee stronger against the dollar

Market Analyst Hammad Malik told Profit, “I think Rs125 is a fair price against the greenback and it will likely revolve around it.”

Sarmaya-e-Pakistan, holding company for state owned enterprises incorporated: Asad

LAHORE: Finance Minister Asad Umar says Sarmaya-e-Pakistan, the holding company for state-owned enterprises, has been incorporated. In a tweet, he said turning around...

PepsiCo mulls investing $1bn in Pakistan

PepsiCo plans to invest in a potato unit in Multan and the company wants Prime Minister Imran Khan to inaugurate it ISLAMABAD: PepsiCo...

OGRA raises gas prices by 300pc for domestic consumers

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has jacked up gas prices for domestic consumers by 300 per cent while 30...

Ali Jahangir Siddiqui in hot waters once again as NAB expands investigation

Azgard Nine Limited, JS Global, Swiss Bank Julius Baer and Securities and Exchange Commission all alleged in illegal remittances worth €23.75 million.

Tania Aidrus’s big bet on creating a Digital Pakistan

It started, as things often do in Pakistan, with a WhatsApp forward. On Thursday, December 5, a group of Pakistanis living in...

UBL’s New York branch surrenders license, concludes voluntary liquidation

In November, UBL had announced it would voluntarily liquidate and surrender its banking license in New York as per the applicable rules and regulations

Turkish Shylock twists Pak’s arm for $846m pound of flesh

Turkish Karkey demands immediate payment of $846 million arbitration award handed down by the ICSID in August 2017 to Pakistan.

Zameen.com’s parent company now has $100 million more to invest

DUBAI: Emerging Markets Property Group (EMPG) has raised $100 million in a Series D funding led by KCK Group and eight other...

PM inaugurates ‘Pakistan Banao Certificate’ scheme for overseas Pakistanis

PM vows that under his government, the Pakistani diaspora will feel proud to hail from the country Says an IMF bailout...

Kia Lucky Motors targeting commercial production by 1st quarter FY19-20

KLM has opened company owned /third-party operated dealerships in some of the metro cities of Pakistan

Pakistan’s biggest state run retail chain inching towards privatisation

ISLAMABAD: Pakistan's biggest state-run retail chain, Utility Stores Corporation (USC)- which is currently facing a decrease in sales, closure of large number outlets...

Steel sector raises prices to balance rupee devaluation

LAHORE: The steel sector of Pakistan has responded to the rupee devaluation by raising prices, especially of Cold Rolled Coil (CRC) and...