Unity Foods is launching its edible oil brand, under the name of “Dastak”. According to an announcement at Pakistan Stock… Read More
PPL Discovers More Hydrocarbon Reserves in Sujjawal
Pakistan Petroleum Limited has discovered hydrocarbons from the exploratory well ‘Yasar X-1’, which is located in Sujjawal district, Sindh. During… Read More
Suzuki Leads as Auto Market Witnesses a 16% Industry Wide Growth
Pakistan Automotive Manufacturers Association (Pama) has released sales data for July 2018. Passenger cars’ sales were up 16%, YoY, to… Read More
Engro Fertilizers Posts a Notable 59% Increase in Profit During H1 2018
Engro Fertilizers Limited (EFERT) has announced a comprehensive profit of Rs 6.52 billion for the first half of 2018, up… Read More
Saudi-Backed Bank to Lend $4 Billion to Pakistan’s New Govt
Pakistan is planning to borrow more than $4 billion from the Saudi-backed Islamic Development Bank as part of its attempts… Read More
China to Provide $14 Million for Reconstruction of Damaged Schools in KP
China will provide a US$14 million grant to Pakistan for the reconstruction and rehabilitation of fully damaged government schools in… Read More
Pakistan Imported Agriculture Machinery Worth $124.4 Million in FY 2017-18
The import of agriculture machinery, during the financial year 2017-18, witnessed a 4.77 percent growth as the country spent US$… Read More
Cherat Packaging and ICI Pakistan Win ICAP Best Practices Awards 2018
The Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost & Management Accountants of Pakistan (ICMAP) have… Read More
OGDCL Discovers New Oil and Gas Reserves in Kohat
Oil and Gas Development Company Limited (OGDCL) has made another discovery of oil and gas deposits in Kohat, Khyber-Pakhtunkhwa (K-P),… Read More
Ahsan Raza Durrani is the New CEO & Acting President of Summit Bank
Ahsan Raza Durrani has been appointed as the Chief Executive officer and Acting President of Summit Bank, said the Bank… Read More
Asad Umar Expected to Create a Private Wealth Fund and Publicize China Loan Deals
Asad Umar, the expected finance minister of Pakistan, said in an interview to Bloomberg that Pakistan may need more than… Read More
UBL Posts Earnings Well Below Market Expectations for Q2 FY 2018
United Bank Limited (UBL) posted earnings of Rs 3.62 billion in April-June 2018, down by 40% from Rs 5.98 billion… Read More
