According to MENA Bytes, Dubai-based ride-hailing service, Careem has laid off over 150 employees. Careem’s co-founder and CEO, Mudassir Sheikha,… Read More
NTC Reduces its Sanctioned HR Strength to Save Cost
National Telecommunication Corporation has decided to downsize the company to save HR costs, sources with the knowledge of the matter… Read More
Compliance With FATF Requirements Will Not Hurt National Savings Business: MoF
The Ministry of Finance has clarified a news report captioned as “National Savings and FATF”, published in a section of… Read More
Kohat Cement Starts Operations at its Grey Cement Production Line
Kohat Cement has officially started commercial operations from its Brownfield Expansion Project. In a notification sent to the Pakistan Stock… Read More
Fauji Foods Reports a Massive Loss of Rs. 5.78 Billion During FY2019
Fauji Foods Limited (FFL), the maker of Dostea and Nurpur milk, announced its financial results for the year ended on… Read More
Transparency International Pakistan Clarifies Corruption Perception Index 2019
Chairman Transparency International Pakistan, Advocate Sohail Muzzafar has said that the Corruption Perception Index 2019 (CPI 2019) has not declared… Read More
Govt Offers Special Treatment to New Airline, Waives Huge Penalty
The Federal Cabinet has waived a penalty of 10 percent non-conformance on M/s Air Sial for not acquiring Air Operator… Read More
Economic Freedom Has Increased in Pakistan: Heritage Foundation
The Economic Freedom Index 2019, compiled by the Washington-based Heritage Foundation, has given Pakistan a score of 55.0 on a… Read More
Atlas Honda Reports a 45.1% Increase in Profits in Q3 2019
Atlas Honda Limited, the market leader in the motorcycle segment with a growing lead, has announced its financial results for… Read More
OGDC Discovers Gas at Khairpur, Sindh
The Oil and Gas Development Company Limited (OGDCL) has made its first discovery of 2020. In a notification to the… Read More
Foreign Companies Repatriate Windfall Profits in 1H-FY20
Foreign and multinational companies in selected sectors continued to book profit in Pakistan despite the prevailing economic challenges. The overall… Read More
Karot Hydropower Plant to Start Operations by 2021
The 720-megawatt Karot Hydropower Plant, a major pilot project under the China-Pakistan Economic Corridor (CPEC) located 70 km east of… Read More
