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 gain assurance from ITFC to…
SI Global Solutions, a leading maritime and fastest-growing ICT system integrator and consultancy company, has become the first Pakistani company to receive a membership of the International Association of Lighthouse Authorities (IALA). This prestigious recognition solidifies SI Global Solutions’ commitment to excellence for the safety of our ports and harbors domain and positions Pakistan on…
Total Cement despatches during October 2024 were 4.357 million tons against 4.006 Million Tons despatched during the same month of last fiscal year marking an increase by 8.74%. Healthy exports was the basic reason for this increase as local despatches showed slight downtrend during October 2024. According to the data released by All Pakistan Cement…
Aramco unveiled its first fuel retail station in Pakistan today. It follows Aramco’s acquisition of a 40% stake in Gas & Oil Pakistan (GO), a key player in Pakistan’s downstream sector with a network of over 1,200 fuel retail stations nationwide. Aramco is one of the world’s leading integrated energy and chemicals companies, and its…
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, and leading business community from across…
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 is a shared commitment to…
Fatima Fertilizer Becomes the First Company in Pakistan to Partner with UNDP on SDG Impact Framework. Fatima Fertilizer has become the first company in Pakistan to officially partner with the United Nations Development Programme (UNDP) by adopting SDG Impact Framework. This milestone marks a significant step in the company’s journey toward sustainability, focusing on mapping…
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. 18.13) last year. Higher profitability…
The Plastic Packaging, Corrugated & Food Asia International Exhibition will be held from October 29 to 31, 2024 at the Karachi Expo Centre, an interactive B2B platform for showcasing the latest trends in packaging and food processing innovations. The event attracts industry leaders, manufacturers, suppliers, and trade professionals from around the globe, making it a…
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 industries. Read More: Lucky Cement Wins…
