LAHORE ( PRESS RELEASE ) Fauji Fertilizer Company (FFC) has been declared FIRST among the TOP 25 Companies of Pakistan Stock Exchange (PSX) for the year 2016, consecutively for 7th time since 2010. The basis of evaluation for the award includes Dividend Pay-out, Capital Efficiency, Profitability, Free Float of Shares,Read More →
CAIRO ( MEDIA REPORT ) Counsellor of the Republican’s Mufti, Dr. Magdy Ashour, said that Bitcoin is forbidden in Islamic Sharia for the risks it holds, besides its usage as a tool to fund terrorism. The mufti’s counsellor issued a Fatwa (Islamic ruling) that the virtual currency should not beRead More →
SHANGHAI, ( MEDIA REPORT ) UnionPay International, one of the world’s largest payment schemes, and Decagon Pakistan brand Golootlo have entered into a partnership to cooperate to issue UnionPay prepaid and debit cards in collaboration with the issuing banks in Pakistan, offering secure and convenient payment services to the local customers.Read More →
LAHORE ( PRESS RELEASE ) Haleeb Foods signed an agreement with Matrix dairy farm to collect fresh farm milk. Matrix is a leading dairy farm in Pakistan that complies with best dairy farming practices. Speaking on the partnership Mr. Memosh Khawaja, CEO Haleeb Foods said “Our priority is to ensureRead More →
ISLAMABAD ( PRESS RELEASE ) A collaboration amongst four Pakistan and multi-national organizations aims to enhance the availability of financial services to low-income women across Pakistan. The partnership, announced today, brings together the technical expertise of Pakistan’s premiere mobile financial services provider JazzCash and consumer products giant Unilever Pakistan Limited.Read More →
ISLAMABAD ( PRESS RELEASE ) The Countdown Has Begun White Friday 2017 will be loaded with exciting and sizzling deals starting at 12:01am on 24th November. Mega offers on mobiles, laptops, smartwatches, fashion accessories, and lifestyle products. Our winter deals include amazing packages on heaters, coffee makers, and winter wear. You’llRead More →
ISLAMABAD ( PRESS RELEASE ) Dr. Muhammad Hamid Ali, Commercial Counsellor and Head of Economic & Commercial Wing, Embassy of Pakistan in Spain has said that Pakistan’s IT and marble products have great potential in Spain and stressed that Pakistani exporters should focus on promoting exports of these products toRead More →
ISLAMABAD ( PRESS RELEASE ) The Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill 2017, to impose up to 3 years imprisonment for wrong billing Bill to further strengthen NEPRA, Open market competitive regime for energy exchange being introduced NEPRA to make its own regulations, scope ofRead More →
BOULOGNE-BILLANCOURT, France, ( PRESS RELEASE ) Groupe Renault and Al-Futtaim sign definitive agreements dedicated to the exclusive assembly and distribution of Renault vehicles in Pakistan. Groupe Renault is entering Pakistan, a new market for the Groupe. The assembly will be done in a brand new state-of-the-art plant in Karachi. GroupeRead More →
ISLAMABAD ( MEDIA REPORT ) Volkswagen plans to invest and undertake business ventures in Pakistan. Prime Minister Shahid Khaqan Abbasi has applauded the move. Furthermore, he assures Volkswagen full support and facilitation of the government. Volkswagen is world’s largest automaker and it is good news for Pakistan to have anotherRead More →
LAHORE ( PRESS REPORT ) Based on comprehensive tests carried out by 2 independent international food testing laboratories at the behest of the Punjab Food Authority (PFA), Haleeb’s UHT treated packaged milk was found fully meeting the specified quality standards, thereby negating all baseless rumours of recent months about itsRead More →
ISLAMABAD ( PRESS RELEASE ) Karandaaz Pakistan,a Section 42 company working to promote access to finance for small businesses and financial inclusion in the country has launched a study on Warehouse Receipt (WHR)financing in Pakistan. WHR financing is a form of institutional credit that is extended by banks to farmersRead More →