China’s Xinning Enterprise signed a Letter of Intent (LoI) with the Gwadar Port Authority (GPA) on Tuesday, marking a significant step towards stimulating industrial and commercial investments at Gwadar Port and its Free Zone.
The LoI, signed by Yi Jiang, representing Xinning Enterprise, outlines plans for a range of ventures...
Prime Minister Shehbaz Sharif on Tuesday directed the authorities to simplify and expand access to low-cost agricultural loans for small- and medium-scale farmers and take measures for boosting of the Small and Medium Enterprises (SMEs) in the country.
Presiding over a review meeting, the PM called it a critical step...
The Pakistan Stock Exchange (PSX) extended its record-setting rally for a third consecutive session on Tuesday, with investors continuing to cherry-pick stocks, pushing the benchmark KSE-100 index past the 143,000-point mark.
According to Topline Securities Ltd, the bullish momentum continued from the previous two sessions, with the KSE-100 index reaching...
Bawany Air Products Limited (PSX: BAPL) has received a corrigendum to the Public Announcement of Intention (PAI) submitted on behalf of the acquirer, Mohabbat Khan and Others, which includes certain amendments to the original PAI.
All other terms and conditions of the initial PAI remain unchanged, the company's filing on...
Air Link Communication Limited (PSX: AIRLINK) is projected to report a 20% YoY decline in earnings for FY25 with profit after-tax estimated at Rs3.7 billion and earnings per share (EPS) of Rs9.3, according to the latest earning preview by Arif Habib Limited (AHL).
The earning plunge is primarily attributed to...
Oil and Gas Development Company Limited (PSX: OGDC) has received the first interest payment of Rs. 7.725 billion from Power Holding (Private) Limited (PHL), marking the beginning of the government-approved circular debt settlement plan.
According to a stock filing, the payment is the first of twelve equal monthly installments totaling...
In a historic leap for Pakistan’s digital economy, Myco, the fastest-growing video streaming platform in the country, has made global headlines by winning the grand finale of Meet the Drapers, a global startup reality show in Silicon Valley that featured over 2,000 startups around the World. Myco announced that...
Federal Minister for Commerce Jam Kamal Khan met with Bangladesh High Commissioner Iqbal Hussain Khan to explore deeper bilateral cooperation in trade, energy, logistics and industrial linkages.
The high commissioner shared insights from his recent visits to Pakistan's industrial hubs, where he received enthusiastic response from local business chambers.
The discussions...
While a large number of pilgrims en route to Iraq have been stranded due to a sudden ban on land travel to Iran, the government has approved the first ferry service licence.
Applications by ferry operators have been pending since 2017 -18. Taking a fast-track route, the Ministry of Maritime Affairs on...
In a major move to enhance employee financial well-being, ABHI, an embedded finance platform, has partnered with PayPeople to provide Earned Wage Access (EWA), enabling employees to access their earned wages instantly. This collaboration merges PayPeople’s reach with ABHI’s expertise in financial wellness, enabling organizations to provide their employees...
