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Dawood Lawrencepur Limited (KSE: DLL) was incorporated as a public limited company on 2004 by the amalgamation of Lawrencepur Woolen and Textile Mills Limited, Dawood Cotton Mills Limited Burewala Textile Mills Limited and Dilon Limited. The registered address of the company is Dawood house, Karachi.

Muneeb Maayr is the co-founder of Daraz.pk at Rocket Internet. Muneeb Maayr is a graduate from the University of Virginia and a successful entrepreneur in his own right. Muneeb started his career as an investment banker in Bear Stearns but moved back to Pakistan to establish SNL Pakistan. In a short span of six years he was able to expand the company to over 600 people after which it was bought by SNL Financial in a cash & equity deal while retaining management control. Muneeb remained associated with the firm till August 2012 after which he joined Rocket Internet to help build Daraz, Pakistan's largest e-commerce venture. BR Research team recently sat down with Muneeb and discussed the e-commerce dynamics in Pakistan and Daraz's future plans. Following is an edited excerpt.
Pearl Continental Hotel, Karachi has registered 85 percent growth during last three years, despite prevailing law and order situation. This was stated by General Manager PC Azeem Qureshi along with other officials at a press briefing held at PC hotel here on Friday. He said that management of PC Hotel was always striving to play its part for the revival of economic activities in the country particularly in Karachi through different events.
IFC, a member of the World Bank Group, and Bank Alfalah Limited, one of Pakistan's leading banks, have reached an agreement on IFC's proposed $67 million investment in Bank Alfalah by subscribing to 15 percent equity investment in the bank to help it to increase access to finance in Pakistan.
Iqbal Mustafa Khan is the founder and chairman of Sabaq Foundation. Sabaq is a non-profit organisation based in Islamabad that offers free online video tutorials to Pakistani students at www.sabaq.pk. Iqbal is also the President of Alachisoft, a California-based software company that has its offshore office in Islamabad. He obtained his BS and MS degrees in Computer Science from Indiana University, Bloomington, Indiana, United States.
Quetta Textile Mills Limited (KSE:QUET) was incorporated as a public limited company on January 29, 1970. Its shares are floated on the Karachi stock exchange. The firm is engaged in the manufacturing and sale of yarn and fabric especially a wide variety of ring spun and open-end yarns and woven fabrics. The registered address of the company is Nadir House, Ground Floor, I I Chundrigar Road, Karachi.
Maple Leaf Cement (MLCF) announced FY14 earnings of Rs 2.8 billion (EPS Rs 5.36) in FY14 against Rs 3.2 billion (EPS Rs 6.11) in FY13, down 12 percent. According to Topline Securities, in FY14, MLCF recorded revenue of Rs 18.9 billion as against Rs 17.4 billion last year which is up 9 percent mainly because of increase in net retention prices by approximately 11 percent.

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln