IT

NETSOL Technologies and WRLD Introduce NXT: A COVID-Aware Smart Workplace Platform

NETSOL Technologies, Inc.  a global services and enterprise application solutions provider, in collaboration with WRLD, an immersive 3D mapping technology company, introduced NXT, a COVID-aware smart workplace solution. NXT enables employees to safely return to the office by ensuring standard operating procedures are enforced and offering seamless communication and virtual interaction for those continuing to work remotely. The […]

Economy

ECC approved the removal of Regulatory duty on Cotton Yarn, awaits Cabinet Ratification

The ECC today approved removal of Regulatory Duty on Cotton Yarn. This will facilitate the exports of apparel sector. This is in line with our policy of getting more value added exports. The ECC decision will now go to the Cabinet for ratification, after which it will be notified Please follow and like us:

PSX Stock Market

TPL Trakker Ltd has been awarded the contract for consultancy services for Mapping of Historical and Religious Sites in Pakistan

In a latest notification to PSX, TPL Trakker Limited (“TPLT”) announced that it has been awarded the contract for consultancy services for Mapping of Historical and Religious Sites in Pakistan in order to bring to light all the diverse aspects of Pakistan’s history and culture (“Project”). The Project will enable local and foreign tourists, as […]

PSX Stock Market

Avanceon’s subsidiaries received three contracts worth multi-million-dollars

Avanceon Automation and Control WLL, and Avanceon FZE, both subsidiaries of Avanceon Limited, have received three contracts worth multi-million-dollars. Avanceon FZE, a subsidiary of Avanceon Limited, has been contracted to provide a sophisticated SCADA System for Pumping Stations Pipeline 1 & 2 in Al Qassim Province worth 1.3 Million AED. The scope of work for […]

PSX Stock Market

Agha Steels enlisted as manufacturer cum supplier to Military Engineering Services

In a latest notification to the PSX, Agha Steel Industries announced that Military Engineering Services (MES) of Pakistan Army has enlisted Agha Steel Industries Limited as the manufacturer cum supplier of deformed steel bar for its projects. The Engineer-in-chief’s branch already issued the company a provisional certificate of enlistment/ registration. Military Engineering Services (MES) is […]

Economy

Monetary Policy: SBP maintained the Policy rate at 7%

The Monetary Policy Committee (MPC) decided to maintain thepolicy rate at 7 percent. The MPC noted that since the last meeting in September, the domestic recovery has gradually gained traction, in line with expectations for growth of slightly above 2 percent in FY21, and business sentiment has improved further. Nevertheless, there are risks to the […]

PSX Stock Market

MCB Bank has informed that the sale of its wholly owned subsidiary MCB Financial Services Ltd (MCBFSL) has now completed

In a notification to PSX, MCB Bank Limited , has informed that the sale of its wholly owned subsidiary MCB Financial Services Limited (“MCBFSL”), through Share Purchase Agreement has now completed in accordance with necessary approvals, including the approval granted by the Securities and Exchange Commission of Pakistan (SECP). Following this transaction, MCBFSL is no […]

PSX Stock Market

FBR selected TPL Trakker to avail its real-time video monitoring system

We are pleased to announce that the Federal Board of Revenue (“FBR”), after a rigorous qualification process, vide its approval letter dated November 23, 2020 has selected TPL Trakker Limited (the “TPLT”), as one of the approved vendors till December 30, 2023 to avail video monitoring system (“System”) as required under the newly implemented Video […]

PSX Stock Market

Avanceon Secures its Biggest Oil and Gas Contract to date in United Arab Emirates

Avanceon FZE, a subsidiary of Avanceon Limited, has secured a multimillion-dollar long term purchase contract from a major oil company in the middle east. As per the contract, Avanceon shall supply Hydraulic & PLC control panels on a call off basis as and when requested by the client. This contract execution gives a pathway for […]