Private Tour on a Horse Carriage Followed by Dinner Under the Night Sky The very first UNESCO World Heritage Site of Saudi, Hegra is an ideal destination for nature lovers and ecotourism enthusiasts. Covering 52 hectares, the destination features 131 breathtaking tombs and countless rock formations. Visitors looking for an exclusive experience can hop on…
International Packaging Films Limited IPO Receives Overwhelming Response from Investors! The book building process of International Packaging Films Limited’s (IPAK) Initial Public Offer (IPO) has concluded with an oversubscription of 1.73 times, the company said today. “The IPO received an overwhelming response from institutional investors and high-net worth individuals as the strike price clocked in…
Engro, the country’s leading conglomerate, has its eyes set on future growth by exploring global markets and possible deals in Pakistan outside its conventional businesses through a more agile investment approach. In an exclusive interview with Bloomberg, Abdul Samad Dawood, Vice Chairman at Dawood Hercules Corp. and the sponsor of the group, outlined the global…
The Boards of Dawood Hercules Corporation Limited (DH Corp) and Engro Corporation Limited (Engro Corp) have, in principle, approved a proposal to restructure the shareholding between the two companies, aiming to enhance investment opportunities of the enterprise. The restructuring proposal is subject to final Board and shareholder approvals. The proposed restructuring would enhance investment opportunities…
KTC has raised concerns over the recent decline in its cigarette sales, attributing it to a sharp rise in the smuggling of international cigarette brands in Pakistan. This surge in illicit trade poses a significant threat to the company’s operations and the local market. The tobacco manufacturing entity emphasized the importance of continued vigilance and…
The International Centre of Excellence (ICE) successfully organized “Future Work Connect 24,” a high-profile event aimed at advancing Pakistan’s global competitiveness in education and fostering collaboration between industry and academia. Held at the British Deputy High Commission Karachi, the event brought together esteemed panelists, thought leaders, and stakeholders from the corporate and education sectors to…
Secure Logistics Group becomes the first IPO in the logistics sector on the main board of the Pakistan Stock Exchange (PSX). The issue size of PKR 600 mn was oversubscribed with a strike price of PKR 12/share. Well-rounded participation was observed with strong participation from institutions (76%) and high net-worth individuals (24%). Amongst institutions, financial…
In its 25th year of operations in Islamabad, Emirates Airline has stepped up to support children in the local community by teaming up with SOS Children’s Village Islamabad. The airline collaborated with the charity organization to provide much-needed blankets to the orphaned students and their caretakers. Emirates’ charitable initiative, led by Salem Al Mana, Emirates’…
Women Tech Quest 2024, an initiative of 10Pearls University, is a platform for women to compete, learn, network, and showcase their tech talents. The 8th edition of Women Tech Quest (WTQ) took place recently and was held in Karachi, Lahore, and Islamabad. Over 1200 women in technology from across the three cities took part in…
Coach360, a platform for mentoring and counseling young talent, has launched Skills360, one of Pakistan’s first privately owned EdTech institutes, focused on upskilling the country’s existing and upcoming workforce. It aims to empower Pakistan’s youth by providing it with essential IT skills for a secure financial future. The platform adopts a structured approach to career…
