Financial Times has claimed that Pakistan is rethinking its role in China’s Belt and Road Initiative, known in Pakistan as… Read More
Engro Polymer and Chemicals to Enter Hydrogen Per Oxide Business
Engro Polymer and Chemicals Limited has announced that it would enter the Hydrogen Per Oxide business through a greenfield manufacturing… Read More
HDIP is Spending Rs. 270m to Upgrade its Fuel Testing Labs
The Hydrocarbon Development Institute of Pakistan (HDIP) will execute two projects worth Rs. 270 million, during the current fiscal year, for… Read More
SECP Allows UBL to Issue 59 Million Shares Against TFCs
The Security Exchange Commission of Pakistan (SECP) has allowed United Bank Limited (UBL) to issue up to 59 million shares… Read More
National Savings Increases Profit Rates For All Schemes
The Central Directorate of National Savings (CDNS) has issued a notification that it has revised profit rates on different schemes,… Read More
PSX Approves Byco Petroleum’s Privately Managed Sukuk Worth Rs 3.12 Billion
Pakistan Stock Exchange has approved the Listing of the Privately Placed, Rated and Guaranteed Sukuks of Rs 3,120 million of… Read More
Samsung is Investing $22 Billion in IoT, AI and Other Technologies
Guess Bixby is finally getting smarter and widespread soon.… Read More
Unity Foods to Acquire a Refinery to Expand Its Current Capacity
Unity Foods is planning to expand its existing capacity via acquisition of an existing operational refinery with a capacity of… Read More
Descon Expands Operations to South Africa
Design Engineering Services and Construction Limited (Descon), which is one of Pakistan’s biggest conglomerates, has recently acquired 26 percent shares… Read More
Engro Polymer Partners With Tianchen Corp for an Integrated Manufacturing Facility
Engro Polymer & Chemicals has announced that it had signed a contract with Tianchen Corp China (TCC) for an integrated… Read More
China-Backed CLSA to Buy Shares in Pakistan’s Alfalah Securities
One of China’s Premier investment banks, Credit Lyonnais Securities Asia (CLSA) is set to enter Pakistan’s brokerage and investment sector… Read More
Hyundai-Nishat Motors Secures $66 Million in Guarantees from World Bank’s MIGA
Hyundai-Nishat Motor has received $66 million in guarantees from MIGA (Multilateral Investment Guarantee Agency), a member of the World Bank… Read More
