Meezan Bank, Pakistan’s leading Islamic bank has signed a new strategic partnership with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, under the ITFC Letter of Credit (LC) Confirmation product.
This product facilitates trade flow by allowing exporters and issuing banks to...
InfraZamin is pleased to announce a partnership with Sunridge Foods Limited in launching a PKR 2 billion Agri-Infrastructure Sukuk. This Shariah-compliant financing instrument will be issued by Sunridge Foods Limited, a subsidiary of Unity Foods Limited.
InfraZamin Pakistan, with a long-term credit rating of AAA, provides an additional layer of...
The LUMS Centre for Entrepreneurship (LCE) has successfully inducted its inaugural cohorts for two signature programmes: the LCE Idea Launch Incubation programme and the Slingshot Accelerator programme. Both programmes underscore LCE's commitment to fostering a vibrant entrepreneurial ecosystem in Pakistan, catering to start-ups at different stages of growth.
The LCE...
The 17th edition of the Plastic Packaging, Corrugated, and Food Asia International exhibition and conferences recorded over $10 million business deals between foreign and local companies in different segments, according to the organizers.
Various exhibiting companies from Vietnam, Thailand, Turkey, China, and Iran have received overwhelming responses from local delegates...
Meezan Bank, Pakistan’s leading Islamic bank, has been honored with the prestigious ‘Best Company in the Financial Category’ award at the 39th Corporate Excellence Awards, hosted by the Management Association of Pakistan (MAP) at the Marriott Hotel, Karachi. The event brought together prominent government officials, dignitaries, thought leaders, regulators,...
Sindh Minister for Industries and Commerce Jam Ikramullah Khan Dharejo said the provincial government is working to facilitate foreign and local investors to invest in the food and allied sectors sector and to generate economic activities and employment for the youth.
Inaugurating the 17th Plastic Packaging, Corrugated & Food Asia...
Engro Corporation’s revenue from continued operations grew by 12% to Rs. 279 billion, compared to Rs. 250 billion in the same period of 2023.
Consolidated profit after tax (PAT) attributable to shareholders from continued operations stood at Rs. 10.6 billion (EPS: Rs. 19.68), up from Rs. 9.9 billion (EPS: Rs....
ABHI, a leading embedded finance platform, has partnered with FlowHCM, Pakistan’s fastest-growing HRM/HCM software, to offer employees of mutual clients a comprehensive suite of financial services. This includes real-time access to earned wages, payroll financing, and additional financial tools to enhance employees' financial well-being.
At the core of this partnership...
Kapra Group has inaugurated the Kapra Center in Bahria Town Phase 4, Islamabad. The event was attended by the country’s renowned scholars, who also recited some beautiful verses. The scholars praised the business model of the Kapra Center.
The Kapra Center is set to provide new investment opportunities in the...
Lucky Cement Limited, one of Pakistan's leading cement manufacturers, has been honored with the Excellency Award in the Cement Category at the 39th Management Association of Pakistan (MAP) Awards. The prestigious ceremony took place in Karachi on October 23, 2024, recognizing outstanding corporate performance and management practices across various...
