News Desk

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PSX

Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”

The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...

MARI’s subsidiary secure mineral exploration licenses in the Chagai district of Balochistan.

The Directorate General Mines & Minerals Balochistan has granted two Exploration Licenses EL-322 and EL-323, and allotted area of 501.03 sq. km and 512.76...

Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks

Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...

KSE 100 Skyrockets to Historic 78k Milestone!

The Pakistan Stock Exchange (PSX) experienced a buying frenzy as the benchmark KSE-100 index surged by over 1,500 points during the opening hours of...
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AVN secured its 1st project in the Arab Republic of Egypt...

Avanceon FZE, a wholly owned subsidiary of Avanceon Limited established in the Middle East, in a joint effort with Elsewedy Electric have secured its...
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Avanceon FZE signs multi-year maintenance contract with Dubai Metro

Avanceon FZE, a wholly-owned subsidiary of Avanceon Limited established in the Middle East, has been awarded a nine-year extension on its contract to maintain...
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CPI Inflation recorded at 8.4% in August

Pakistan's Yearly Inflation in August 2021 was 8.4% as compared to 8.4% in July 2021. The CPI reading in Ausust 2020 was at...
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Pakistan’s four energy companies secured an offshore exploration contract from UAE...

Pakistani energy companies won big in Abu Dhabi, with four of them securing an offshore exploration contract from UAE blue-chip ADNOC. The contract is...
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SAZEW to commence Commercial production of BAIC from September

In a latest notification to the stock exchange, the Sazgar Engineering Works Limited (SAZEW) announced that after successful completion of trial operation, the commercial...
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Avanceon to Implement Fuel Retail Automation Solution for GO

Avanceon Limited and its wholly owned subsidiary Octopus Digital Ltd will combine their respective expertise to deploy state of the art fuel retail automation...