Pakistani community residing in the Kingdom of Saudi Arabia (KSA) vowed to provide all-out support to Pakistani IT and tech companies to enhance investments and exports of the country. Majlise Pakistan, a professional forum of Pakistanis based in Saudi Arabia hosted an event in Riyadh recently for Pakistani delegates attending LEAP 2025, aimed at networking…
FrieslandCampina Engro Pakistan Ltd Announces Financial Results for FY 2024 FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the year ended December 31, 2024. Despite experiencing 17% year-on-year sales growth in the first half of the year, driven by strong brand initiatives, increased consumer awareness, and customer-centric offerings, the imposition of an 18%…
Engro Polymer & Chemicals (EPCL), a subsidiary of Engro Corporation, has successfully commissioned its Rs 11.7 billion hydrogen peroxide plant, marking a major milestone in its journey of undertaking investments that drive Pakistan’s economic growth. This project has been developed with investment from the International Finance Corporation (IFC) to support EPCL’s expansion in the hydrogen…
Barkat Frisian Agro IPO’s book building phase will start (today) on 17th February and continue till 18th February where high net worth individuals and institutional investors will subscribe to 100 percent of the issue size. The successful bidders, however, will be provisionally allotted only 75% of the issue size, i.e., 50,801,250 shares, and the company…
Expansion aligns with Pakistan’s shift towards hybrid work models. JS Investments Limited partners with International Workplace Group (IWG) to launch this premier flexible workspace. Marks part of IWG’s global expansion, adding 465 new locations in early 2024 alone. International Workplace Group (IWG), the world’s leading provider of hybrid working solutions, has announced the launch of…
As the government accelerates the digitization of trade, the private sector, alongside regulatory bodies, is being encouraged to actively participate in the process. The government aims for a paperless and fully automated cross-border trade system. These views were expressed by the Chief Executive Officer of Pakistan Single Window (PSW), Aftab Haider, during a meeting with…
Salimullah, Deputy Governor, State Bank of Pakistan, said that subsidies only for vulnerable segments and transition towards market mechanism in agriculture sector can help national economy. He was speaking at Pakistan Agriculture Coalition’s two-day agri conference and expo at Karachi Expo Center on Wednesday. “My view is that instead of providing support price…
Under the guidance of the Securities and Exchange Commission of Pakistan (SECP), in collaboration with Insurance Association of Pakistan (IAP) and industry participants, Central Depository Company of Pakistan Limited (CDCPL) is set to revolutionize the motor insurance landscape with the launch of Pakistan’s Centralized Motor Insurance Repository. This pioneering initiative aims to enhance transparency, improve…
Pakistani IT companies are aggressively exploring new and emerging tech markets particularly the Kingdom of Saudi Arabia (KSA), as more than 100 firms providing IT and IT-enabled services are participating in LEAP 2025, one of the world’s major tech trade fairs, being held in Riyadh, Saudi Arabia. More than 1,000 delegates from Pakistan are attending…
In a significant step towards strengthening child healthcare services, a newly established Under-5 Clinic was inaugurated at Mayo Hospital Lahore with the support of UNICEF. This state-of-the-art facility aims to address the pressing need for basic health services for minors, ensuring quality medical care for children under five. The clinic was inaugurated by Dr. Gunter…
