Pakistan’s first independent nomination, the age old ‘Suri Jagek’ tradition, was successfully accepted as an Intangible Cultural Heritage (ICH) in… Read More
Pakistan Can Afford To Wait For An IMF Bailout: Asad Umar
Pakistan’s Finance Minister, Asad Umar, has confirmed that the government can afford a two-month delay in bailout negotiations with the… Read More
Anis Mianoor to Acquire 49.9% Additional Stakes in Johnson and Phillips Pakistan
Next Capital Limited, on behalf of Muhammad Anis Mianoor (Acquirer/Client), has submitted Acquirer’s Public Announcement of Intention to acquire additional… Read More
Byco Posts a 76% Drop in Profits
Byco Petroleum Limited posted a profit of just Rs240 million in the quarter ended September 31, 2018, showing a negative… Read More
FBR Still Hasn’t Issued a Tax Directory for FY2017
The Federal Board of Revenue (FBR) is yet to issue the tax directory of all taxpayers, including tax details of… Read More
Hubco Asks Govt for Furnace Oil Supply At Zero Sales Tax Rate
The Chief Executive Officer (CEO) Hub Power Company (Hubco) has recommended the federal government to supply furnace oil at zero rate… Read More
UBL Decides to Raise Rs. 10 Billion Via TFCs
United Bank Limited (UBL) has decided to raise funds amounting to Rs. 10 billion through the issuance of debt instruments at… Read More
Faysal Bank Acquires 19.99% Voting Shares of Faysal Asset Management Limited
Faysal Bank Limited (FABL) has announced the acquisition of 19.99 per cent voting shares of its associated company, M/S Faysal… Read More
Careem is Looking to Raise $100-200 Million from Chinese Investors
Careem, Uber’s main Middle East rival, is looking at raising between $100 million and $200 million from Chinese investors, a… Read More
SECP Gets Two New Commisioners
The government has appointed two commissioners to the Securities and Exchange Commission of Pakistan (SECP). The Securities and Exchange Commission… Read More
Ghandhara Nissan Launches Renault Trucks In Pakistan
Renault’s trucks now available in Pakistan… Read More
Two Pakistani Companies Relegated, Two More Evicted in MSCI’s Global Index for Nov 2018
MSCI, a leading provider of research-based indexes and analytics, announced the results of the November 2018 Semi-Annual Index Review for… Read More
