In a notable achievement, the Pakistani IT delegation showcased exceptional prowess and innovation at the Web Summit Qatar 2024. This event provided a platform for Pakistan’s tech experts to exhibit their capabilities, fostering a positive image of the country’s Information Technology sector on an international stage. Key Highlights of Pakistani IT Delegation’s Success at Web…
The Caretaker Cabinet has granted approval to a significant gas pipeline project with Iran, signaling a pivotal development in bilateral cooperation. This decision, greenlit by the interim government, underscores the strategic importance of fostering energy ties between Pakistan and Iran. Key Aspects of the Gas Pipeline Project Approval: Bilateral Collaboration: The approval reflects a commitment…
Nestlé Pakistan ended the year on a positive note, with an increase of 23.4% in its revenue as compared to FY 2022. The results were shared after the Board of Directors’ meeting at the Company’s Head Office. Despite several external challenges, a focus on innovation and renovation and ensuring product availability, supported by investments behind…
Lahore Qalandar’s performance in the ongoing Pakistan Super League (PSL) season 9, has been under scrutiny as fans and cricket enthusiasts eagerly await the team’s fate in the play-offs. Despite facing some challenges, Lahore Qalandar still has a chance to secure a spot in the coveted play-off stage. The team’s journey in PSL 9 has…
In a notable financial development, Pakistan Petroleum Limited (PPL) has witnessed a robust growth in profits, marking a significant 41% increase during the initial half of the fiscal year 2024. This positive financial performance underscores the company’s resilience and effective operational strategies amid dynamic market conditions. The substantial growth in Pakistan Petroleum’s profits is attributed…
Pakistani cellular company, Ufone 4G continues its legacy of fulfilling the evolving telecommunication needs of all customer segments by introducing an affordable international data roaming bucket for Spain to facilitate Pakistani delegates attending the Mobile World Congress (MWC) 2024 in Barcelona later this month. The Mobile World Congress (MWC) is an annual event serving as…
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…
