“Agriculture, as a sector, hold the key to prosperity, food security, and the socioeconomic upliftment of our rural communities…Continuous innovation and development within the agricultural sector, therefore, are vital for the economic development and sustainability of Pakistan” said Zafar Masud, President & CEO of The Bank of Punjab, while speaking at the BoP-sponsored Zar Zaraat…
All Pakistan Cement Manufacturers Association (APCMA) has shown serious concerns over deteriorating law and order situation, which is threatening their heavy investments. “The law and order situation in Dera Ismail Khan, Dera Ghazi Khan, Kohat, Mianwali and adjacent areas has seriously jeopardized the day to day operations of the areas’ cement units,” said the spokesman…
Icewarp, a software company from the Czech Republic, announced its plans to launch its full-fledged operation in Pakistan, including a handsome investment in the establishment of a data center. Established in 1998, the software company is operating in more than 100 countries with its specialized and highly cost-effective services such as hosted email, TeamChat, ChatGPT…
National Foods Limited (NFL) is set to revolutionize Pakistan’s food landscape with the inauguration of its largest, state-of-the-art production plant in Faisalabad. Fueled by an investment of PKR 7 billion, the plant is equipped with cutting-edge technology and marks a significant milestone in National Foods’ pursuit to bring further innovation and quality to the food…
On the occasion of Labor Day, ABHI and Soorty have released a documentary reflecting on transformative change and showcasing the impact of their collaboration on the lives of workers. From blue-collar workers to C-level executives, individuals from all walks of life have benefited from Earned Wage Access, experiencing financial freedom and security. The partnership, forged…
The Accountability Court has honourably exonerated and acquitted our Chairman Mr. Hussain Dawood, Director Mr. Abdul Samad Dawood, and former CEO Mr. Sheikh Imran ul Haq, in the award of the LNG contract to Engro Elengy Terminal Limited, as no evidence was found to prove any illegality, irregularity, or loss to the national exchequer. Engro…
Emphasizing the vital importance of creating conducive conditions for women to flourish in the realms of business and entrepreneurship, the Overseas Investors Chamber of Commerce & Industry (OICCI) held its 6th Women Empowerment Awards ceremony on Tuesday. Addressing the members, OICCI Vice President Rehan Shaikh said, “Pakistan’s ranking on the World Bank’s Women, Business and…
Ghazanfar Azzam steps down as CEO of Mobilink Bank after a distinguished 12-year tenure Islamabad – April 30, 2024: Ghazanfar Azzam has decided to step down as the President and CEO of Mobilink Bank after 12 years of service. Under his leadership, Mobilink Bank has experienced remarkable growth and solidified its position as a leader in…
Indus Motor Company (IMC) announced its financial results for the nine-month period ending March 31, 2024, which witnessed a 61% increase in profit after tax, to PKR 9.41 billion, compared to PKR 5.84 billion, for the same period last year. IMC’s net sales turnover for the nine-month period decreased to Rs. 98.23 billion, as compared to…
The All Pakistan Cement Manufacturers’ Association (APCMA) welcomes the recent statement by the Honorable Prime Minister of Pakistan on the implementation of the track and trace system by the Federal Board of Revenue and the initiation of investigation to probe the mismanagement in its implementation. The APCMA in various meetings and correspondence with the FBR…
