As a part of awareness drive for Islamic Banking & Finance, a seminar was organized recently at a local hotel in Karachi. The event started with the opening and welcome note by prominent personalities related to Islamic banking industry. It was followed by the key note address by the
Sazgar Engineering Works released data numbers for the month of July: Month Production Units Sales Units July – 2017 1,890 1,675 The release can be accessed here.
There has been a slight improvement in security during the second quarter of 2017, since violent incident declined by 19 percent, compared to the first quarter of 2017, a report released on Wednesday said. In its quarterly report, the FATA (Federally Administered Tribal Areas) Research Centre stated that a total of
K-Electric announced Financial Results for the year ended June 30, 2016. The company’s Revenue for the period increased by 12 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 16 percent. The board has recommended no Cash Dividend, bonus shares or right shares. Comparison
The Pakistan Economy Watch (PEW) on Tuesday demanded stern action against sugar mills mafia which is blackmailing the Government, consumers and farmers. Sugar mills have stopped the supply of the commodity in Karachi and some other places to force government for export subsidy and make extra money. This has
Engro Powergen Qadirpur Limited announced Financial Results for the half year ended June 30, 2017. The company’s Sales for the period increased by 30 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 24 percent. The board has recommended interim Cash Dividend for the
Pakistan’s economy has to bear an estimated loss of Rs1 billion owing to recent fault in submarine cable whereas Pakistan Telecommunication Authority (PTA) has summoned report from major stakeholders in aforementioned regard. On August-5, PTA informed that Pakistan was experiencing slow internet as IMEWE, the international underwater cable responsible for bringing
PSX-100 has shed more than 250 points in the first few hours of trading, declining more than half a percent. In recent news, Pakistan Bureau of Statistics announced that aims to rebase the inflation indices before the next year’s budget. Also, the government has cleared Rs 23 billion of
In a release issued on behalf of Bahria Town, AKD Securities has informed the relevant stakeholders that the public announcement of offer to acquire upto 6,357,437 ordinary shares constituting 14.42% of the issued share capital of the target company which was scheduled to be carried out on July 31,
Karachi – August 08, 2017: K-Electric has introduced hand-held devices for meter reading across its network. The power utility has equipped its meter readers with state-of-the-art hand-held devices to note meter readings and upload respective data to KE servers. The development has eliminated human intervention associated with manual meter
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