National Foods Limited proudly announces its recognition as one of the final climate mitigation projects under the prestigious Climate Finance Accelerator (CFA) Programme, supported by the UK government and DAI Global. The SustainAgro project, an extension of National Foods’ commitment to sustainable agriculture and a secure value chain, has been acknowledged for its innovative approach…
On a consolidated basis, Engro Corporation’s revenue grew by 35% to PKR 482 billion in 2023, while consolidated PAT before accounting impact due to remeasurement of thermal energy assets increased to PKR 66 billion versus PKR 46 billion last year, recording an EPS of PKR 63.01. Major variance is attributable to higher urea sales, efficient…
In continuation of its efforts to showcase some of the most talented female voices from the country, Spotify has announced Nimra Mehra as the EQUAL Pakistan Ambassador for February 2024. Nimra, a rising star in the Pakistani music scene, has her track “Je Pata Hunda” featured on the EQUAL Pakistan playlist for the month. The track is one of her standout melodies…
Jubilee Life Insurance, the country’s largest private sector insurance company hosted a fundraising dinner for the Enterprise Challenge Pakistan (ECP), a national entrepreneurship competition for 14 – 18-year-old students, with distinguished guests in attendance including Her Excellency Ms Sarah Mooney – British Deputy High Commissioner, Mr Will Straw, CEO Prince’s Trust International, Mr Syed Usman…
Mobilink Bank witnesses multiple financial milestones in 2023, solidifying its position in the banking industry. With a revenue of PKR 41,053 million, representing 72% growth from the previous year, the Bank’s performance underscores its commitment to excellence and innovation, particularly in its support for women and Small and medium-sized enterprises (SMEs). Mobilink Bank’s commitment to…
In a groundbreaking development, the world’s first resilient SIM, capable of seamlessly switching between network providers, has been introduced. This technological innovation marks a significant advancement in the realm of SIM card technology, offering users an unprecedented level of resilience and connectivity in diverse network environments. The resilient SIM’s ability to automatically switch network providers…
In a decisive move, the Federal Board of Revenue (FBR) has established a deadline for the submission of tax proposals for the fiscal year 2025 (FY25) from investors and companies. This step is part of FBR’s proactive approach to engaging stakeholders in the budgetary process, seeking input and suggestions to formulate a comprehensive and inclusive…
In a strategic move, Toyota Indus Motor Company (IMC) is set to make a substantial investment of Rs 3 billion in the local production of auto parts. This development underscores the company’s commitment to fostering domestic manufacturing capabilities and aligning with the broader objectives of promoting self-sufficiency in the automotive sector. Toyota-IMC’s decision to invest…
Pakistan is on the brink of securing the final tranche of $1.1 billion from the International Monetary Fund (IMF), marking a significant step forward in the ongoing financial assistance program. The imminent disbursement of this tranche reflects the country’s adherence to the terms and conditions set by the IMF, demonstrating commitment to economic reforms and…
Zong 4G, Pakistan’s leading telecommunication organization Zong 4G, has collaborated with BaKhabar Kisan to facilitate seamless communication between the Farmers and Agri Experts to make informed and timely decisions, maximize yield and financial benefits to their livelihoods. BaKhabar Kisan is a comprehensive agricultural knowledge platform for farmers throughout Pakistan offering expert guidance on weather, crop…
