Digitizing the Economy – SECP grants NBFC license to Finja
In the latest press release of Finja, the groundbreaking Pakistani Fintech, announced that the Securities and Exchange Commission of Pakistan (SECP) has granted the...
business
stock market
Matco Foods’ joint venture with Barentz Pakistan Limited
Matco Foods Limited (PSX:MFL) in a recent notification to Pakistan Stock Exchange has informed about the Joint venture with Barentz Pakistan Limited with the...
Politics
NAB arrest PPP Chairman Asif Ali Zardari in Park Lane case
Former president Asif Ali Zardari was arrested in the Park Lane case today, days after he withdrew his interim bail applications filed with the...
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Saudi Minister: No need to make additional cuts to support the oil market
Khalid al-Falih, Saudi Energy Minister during a conference in Riyadh said that the oil market was “moving towards balance”.
The oil prices have hit a...
NCCPL issues list of securities eligible for NCC System
The following securities will be excluded and included from the list of eligible
Securities for respective NCC Systems:
In accordance with the clause 7A.3.4 of the...
UBL appointed Mr Shahzad G.Dada as President & CEO
The Board of Directors of United Bank Limited (UBL) meeting was held on 06 May 2020 in which the company has decided to appoint...
KSE – 100 Index down by 403 points due to lack of triggers
The benchmark KSE - 100 Index witnessed a bearish session and lost 403 points to settle at 38,128 levels.
High: 38,531 levels
Low: 38,053...
Economy
Corporate Result: PREMA earnings declined by 87% for the 1HFY20
At-Tahur Limited (PREMA) announced the financial results for the 1HFY20 today, wherein the company posted the Profit After Tax Rs 16.65 Mn, declined by...
Trade Deficit fell by 13.6% in 11MFY19
As per the data released by the Pakistan Bureau of Statistics (PBS), trade deficit fell by 13.6% in 11MFY19.
Trade Deficit:
Trade deficit stood at US$...
Deed of Assignment Offshore Indus (2265-1)
Shahid Khaqan Abbasi viewed the signing ceremony of Deed of Assignment of 25% participating Interest Offshore Indus (Block 2265-1) on 28th May, 2018.
The Deed...
Drop in coal prices by $10 likely to increase cement profitability by 15%
A recent drop in coal prices has impacted the cement industry. Lots of factors have been influencing movements in international coal prices both domestic...
NETSOL Signs Multi-Million-Dollar Contract with Major Multinational Automaker to Implement Retail Platform
September 20, 2018: NetSol technologies has just signed a contract with the American Multinational Automaker to install it’s NFS Retail Platform in China.
Ghauri...
Equity
Amreli Steels Clarification on Import of un-serviceable Auto parts
Amreli Steels has issued an explanation on the ongoing import of Heavy Meltable Scrap (HMS) consignment which contained a high level of unserviceable scrap...
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