Askari Bank Limited has appointed Saleem Anwar as acting President and CEO of the bank, replacing Syed. M Hussaini at… Read More
TRG Pakistan Postpones IPO of Subsidiary IBEX Holdings
IBEX Holdings, which provides outsourced customer support and marketing services, postponed its IPO on Wednesday due to the market conditions.… Read More
Sazgar Gets Category ‘A’ Greenfield Status to Produce Passenger, Off-Road and Commercial Vehicles
Sazgar Engineering Works Ltd, an auto rickshaw assembling company, has been allowed to scale up its productions with new variants… Read More
Shanghai Electric Delegation Meets PM Abbasi, Still Interested in Acquiring K-Electric
The Shanghai Electric Power Ltd (SEPL) has sought the government’s support in accelerating the process of regulatory approvals to facilitate… Read More
China’s Shanghai Electric Power Company Withdraws Offer to Acquire K-Electric
China’s Shanghai Electric Power Company has withdrawn an offer to buy 66.4 percent stakes of K-Electric Limited. “We have received… Read More
UBL and Bestway Cement Undergo Internal Reorganization After BGL Takes Over as Major Shareholder
United Bank Limited and Bestway Cement have announced that they have undergone an internal reorganization exercise and its majority shareholder… Read More
PSX Awaits Regulatory Approvals to Roll Out New Investor-Friendly Products
Chairman of PSX, Muneer Kamal has said that the bourse is awaiting regulatory approvals to enhance its products’ portfolio in… Read More
Crude Oil Prices Reach Their Highest Level Since January
Oil futures climbed on Wednesday to end at their highest level in nearly seven weeks. A surprise weekly decline in… Read More
General Tyre Renews Agreement With Dutch Technology Partner
The General Tyre and Rubber Company Pakistan Limited (GTR) has announced that their technology partner Continental Global Holding Netherlands B.V.… Read More
Market Gains Over 750 Points After News of Rupee Devaluation
Pakistan Stock Exchange (PSX) benchmark saw a bullish trend throughout the day as the KSE 100 touched an intraday high… Read More
Honda Partners With Faysal Bank to Offer Exclusive Services
Faysal Bank Limited (FBL) has joined hands with Honda Atlas Cars Pakistan Ltd. to offer exclusive rewards and value-added services… Read More
Dawood Lawrencepur Approves Loan Facility of Upto Rs 300 Million for Tenaga Generasi
Dawood Lawrencepur’s board of directors have approved the renewal of subordinated loan facility of up to Rs 300 million to its… Read More
