Engro Corporation, Pakistan's premier business conglomerate, has announced the appointment of Ahsan Zafar Syed as President & CEO Designate.
Ghias Khan will continue to serve as President & CEO of Engro Corporation until the end of his term in April 2024.
Ahsan, currently CEO of Engro Fertilizers, began his professional career...
The All Pakistan Textile Mills Association (APTMA) shares an ambitious plan to significantly boost the country's textile exports. According to the shared vision, APTMA aims to achieve a remarkable milestone by increasing yearly textile exports to over $50 billion within the next five years. This strategic initiative comes as...
Pakistan Telecommunication Company Limited (PTCL), the largest integrated Information Communication Technology (ICT) company in Pakistan, and DE-CIX, the world’s leading Internet Exchange (IX) operator, celebrated today the inauguration of ‘Pakistan Internet Exchange (PIE) powered by DE-CIX’, the first carrier-neutral IX in the country.
Housed in the PTCL data center in...
President Federal B Area Trade and Industries (FBATI), Syed Raza Hussain, said the decision to cut down the power tariff by 7 cents will give a little relief to industrial consumers across the country.
Lauding the role of the caretaker government in announcing the reduction of the power tariff from...
In a bid to enhance affordability and accessibility for motorcycle enthusiasts, Yamaha takes a customer-centric approach with the introduction of a zero-interest installment offer. This strategic move by Yamaha aims to make owning a Yamaha motorcycle even more accessible to a broader segment of consumers, providing them with an...
In a recent development, reports have emerged suggesting that Chery Pakistan is gearing up to make a significant splash in the local automotive market with the launch of two new cars in 2024. The eagerly anticipated models, namely the Omoda E5 and Jaecoo J7 PHEV, are set to be...
In a strategic move, MG Motors introduces the MG5 Electric Car to the Pakistani market, not for commercial sales but as part of a market research initiative. This launch marks a significant step towards gauging the reception and understanding of the potential demand for electric vehicles (EVs) in the...
In a notable development, the Pakistan Telecommunication Authority (PTA) has officially requested the Frequency Allocation Board to allocate spectrum for 5G technology. This strategic move is a significant step forward in Pakistan's journey towards the deployment of 5G networks, aligning with global trends in advancing telecommunications infrastructure and connectivity.
The...
In a remarkable economic development, mobile phone imports in Pakistan have witnessed an impressive surge of nearly 120% during the first half of the fiscal year 2024. This substantial increase in mobile phone imports is indicative of the dynamic consumer demand and the evolving technological landscape in the country.
During...
WALEE, MENAP's largest creator economy player, is thrilled to announce a landmark strategic move - the takeover of operating rights for the Snack Video platform in Pakistan. This takeover not only strengthens Walee's position in digital content, live-streaming, AdTech, and gaming services but also revolutionizes the creator economy in...
