Companies 300 foodpanda delivery riders: DLS issues learner licenses KARACHI: foodpanda, Pakistan online delivery platform, facilitated the issuance of learner license for more than 300... Published 16 May, 2024 06:28am
Companies Digital financing in KSA: Bidaya teams up with Temenos Core and Systems Ltd LAHORE: Bidaya Finance, to offer modern, scalable, and secure financing products and services has joined hands with... Published 16 May, 2024 06:28am
Companies BoP joins SME finance forum LAHORE: The Bank of Punjab, a key player in Pakistan’s SME banking segment, has joined hands with SME Finance ... Published 16 May, 2024 06:28am
Companies Esprit files for bankruptcy of European businesses FRANKFURT: Fashion group Esprit said Wednesday it has filed for bankruptcy of its European businesses, seeking to... Published 16 May, 2024 06:28am
Stocks Pakistani companies with market cap of over $1bn at PSX A total of six listed companies have a market cap ranging from $1.13 billion to $2.15 billion as of May 15, 2024 Updated 15 May, 2024 08:19pm
Energy Amid high tariffs, Pakistan’s industrial base is ramping up transition to solar power Taking advantage of the natural resource at their disposal, industries in Pakistan are switching towards solar to... Updated 15 May, 2024 11:06pm
Companies Emirates Group reports record profit of $5.1bn for FY 2023-24 KARACHI: The Emirates Group has announced its best-ever financial performance for the fiscal year 2023-24, reporting... Published 15 May, 2024 05:53am
Companies Walmart to lay off hundreds of corporate staff, relocate others NEW YORK: Walmart is cutting hundreds of corporate jobs and asking most remote workers to relocate to three main ... Published 15 May, 2024 05:47am
Companies easypaisa partners with IGI Life & IGI General to enhance insurance-based offerings KARACHI: Telenor Microfinance Bank has signed an agreement with IGI Life and IGI General, laying the foundation for... Updated 15 May, 2024 10:59am
Companies PQGTL announces financial results for 2023 KARACHI: Pak-Qatar General Takaful Limited (PQGTL or the Company), a leading provider of Shariah-compliant general... Published 15 May, 2024 05:47am
Companies Australia’s Qantas to suspend flights to Shanghai on low demand Qantas Airways said on Tuesday it will suspend its Sydney flights to Shanghai from July 28, citing low demand,... Published 14 May, 2024 10:13am
Real Estate UBL to build regional office at Naya Nazimabad KARACHI: United Bank Limited (UBL) - a leading bank of Pakistan, has acquired a 14,092 sq. yards commercial plot in... Updated 14 May, 2024 06:13am
Companies JazzCash announces strategic partnership with du Pay ISLAMABAD: JazzCash announced its strategic partnership with du Pay, the recently launched fintech arm for du, from... Published 14 May, 2024 05:18am
Companies Car sales in Pakistan surge 12% MoM in April Car sales in Pakistan increased 12% on a monthly basis in April 2024, as the total number of units sold in the said... Published 13 May, 2024 11:10pm
Industry CAA says news of resumption of flights to Europe premature Says delegation left for Brussels on May 12 to attend forthcoming meeting of Air Safety Committee Updated 13 May, 2024 09:14pm
Industry ‘Less than last year’: Emirates Group employees get 20 weeks’ bonus after record profit The Emirates Group has awarded its employees a bonus worth 20 weeks of their salary, reported Khaleej Times, citing... Published 13 May, 2024 06:07pm
Stocks Service Long March Tyres commits investment of around $108mn to double capacity in Pakistan Shows intent to invest another $108mn to start new project exporting specialised tyres from Pakistan to EU, US Updated 13 May, 2024 05:17pm
Middle East Emirates Group books record $5.1bn annual profit DUBAI: Dubai’s Emirates Group announced annual profits of $5.1 billion on Monday, a rise of 71 percent, as the... Updated 13 May, 2024 05:20pm
Companies Amazon to invest $1.3bn in France, create 3,000 jobs STOCKHOLM: Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in its French operations... Published 13 May, 2024 11:41am
Companies SLIC declares special bonus for policyholders and cash dividend for GoP KARACHI: State Life Insurance Corporation of Pakistan (SLIC) is celebrating a record-breaking 2023 financial... Published 13 May, 2024 06:08am
Companies QatarEnergy acquires stake in two Egypt offshore blocks DOHA: QatarEnergy said Sunday it had acquired two offshore gas exploration blocks from Egypt with a 40-percent... Published 13 May, 2024 06:08am
Companies Latest Dulux Experience Store opened in Lahore LAHORE: Ushering in a new era of immersive experience for Dulux paint consumers in Pakistan, AkzoNobel Pakistan Ltd,... Published 11 May, 2024 06:22am
Companies Dawlance launches new range of premium products ISLAMABAD: The government of Pakistan needs to affectively negotiate bilateral agreements and Free Trade Agreements... Published 11 May, 2024 06:22am
Companies Fly Jinnah marks its first flight to Muscat KARACHI: Fly Jinnah, Pakistan’s low-cost carrier commenced its first non-stop flight from Islamabad International... Published 11 May, 2024 06:22am
Stocks Lucky Core Industries approves acquisition of Pfizer manufacturing facility in Karachi The Board of Directors (BoD) of Lucky Core Industries Limited, previously known as ICI Pakistan Limited, has... Updated 10 May, 2024 10:57pm
Companies Honda sees full-year profit rising 2.8% TOKYO: Japan’s Honda Motor Co forecast a 2.8% rise in operating profit for this financial year, after it exceeded... Published 10 May, 2024 01:22pm
Companies IMC CEO receives ICAP’s award KARACHI: Chief Executive, Indus Motor Company (IMC) Ali Asghar Jamali has been honored with the Business Leaders... Published 10 May, 2024 04:17am
Companies TikTok to label AI-generated images, video from OpenAI and elsewhere TikTok said on Thursday it would start using a technology aimed at helping it label images and video generated by... Published 09 May, 2024 05:31pm
Business & Economy PSO proposes swapping debt for stake in public sector companies Everything will be done through competitive bidding and we will participate and if we win, the stakes will be offset against PSO’s receivables, says CEO Syed Muhammad Taha Updated 09 May, 2024 10:28pm
Companies Majority stake in PIA: not yet bidders, clarifies Arif Habib Corp in PSX notice Arif Habib Corporation Limited (AHCL), one of Pakistan’s leading business groups, clarified that submitting an... Updated 09 May, 2024 09:19pm