Commerce and Industry Archives - Page 50 of 227

ICCI delegation visits POF to explore business opportunities POF is the largest defense industrial complex comprising 14 ordnance factories and three commercial subsidiaries.

On: March 1, 2024

Tagged: business opportunities, ICCI visits POF, Islamabad Chamber, Rrole of Pakistan Ordnance Factories

ICCI delegation visits POF to explore business opportunities in the defense industry ISLAMABAD ( Web News ) A delegation of the Islamabad Chamber of Commerce and Industry (ICCI) led by Ahsan Zafar Bakhtawari, President visited the Pakistan Ordnance Factories (POF) and held a meeting with Lt. Gen. Syed Tahir HameedRead More →

Mars BPO placed in top 100 of highest export remittance list The grand annual dinner turned out to be an evening filled with entertainment, appreciation, and heartfelt memories

On: February 29, 2024

In: Commerce and Industry

Tagged: Export remittance list, IT Exporters companies, Mars BPO, Remarkable growth

Mars BPO placed in top 100 of highest export remittance list. Easy Leads, a subsidiary of Mars BPO secured 17th position in the IT Exporters companies list, and got eligible for financial incentives. ISLAMABAD ( Web News ) Mars BPO, a trailblazer in the BPO landscape founded by Shoaib Akram,Read More →

Hexing’s Participation in Exhibition, showcasing Innovative Solar Solutions As Pakistan grapples with high electricity costs, the conversion rate towards renewable energy solutions is picking up momentum.

On: February 27, 2024

In: Commerce and Industry

Tagged: Green energy products, Innovative Solar Solutions, Lahore Expo Center., Solar Pakistan Exhibition

Hexing’s Participation in Solar Pakistan Exhibition, showcasing Innovative Solar Solutions LAHORE ( Web News ) The Solar Pakistan Exhibition, a three-day event, commenced at the Lahore Expo Center on Tuesday, drawing a significant turnout from households commercial and industrial entities seeking energy-efficient solutions. Hexing Energy (Pvt) Ltd., a pioneering entityRead More →

Engro Corp revenues show robust growth of 35% in 2023 Engro Corporation announced a final cash dividend of PKR 2/- per share for the year.

On: February 27, 2024

In: Commerce and Industry

Tagged: Engro Corporation, Independent Power Producers, Robust growth of 35%, Thermal energy assets PKR 66 b

Engro Corp revenues show robust growth of 35% in 2023 KARACHI ( Web News ) 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 versusRead More →

Enterprise Challenge Pakistan announces winners in national final for young entrepreneurs The awards were hosted by the British High Commissioner, H.E. Jane Marriott in Islamabad on 24 February.

On: February 26, 2024

In: Commerce and Industry

Tagged: British High Commissioner, Enterprise Challenge, Prince’s Trust International, young entrepreneurs

Enterprise Challenge Pakistan announces winners in national final for young entrepreneurs ISLAMABAD ( Web News ) Team from Abbottabad wins National Final Award with their business idea of making printed materials accessible to the visually impaired. Prince’s Trust International’s global research into the future of work showed that a quarterRead More →

CCP Approve three KSA-based mergers with stake in Steel sector Based in the Saudi Arabia, Hadeed is a well-established company, producing a range of steel products.

On: February 24, 2024

In: Commerce and Industry

Tagged: Competition Commission, Granted approval mergers, Hadeed, Public Investment Fund, Saudi Arabia

CCP APPROVES THREE KSA-BASED MERGERS WITH STAKE IN PAKISTAN’S STEEL SECTOR ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) has granted approval to three mergers concerning M/s/ Saudi Iron and Steel Company (Hadeed), having apresence in Pakistan’s steel market. The overall transaction comprises of restructuring of twoRead More →

Incoming Government to focus on promoting ease of doing business – Qaiser Ahmed Sheikh The new government would try to bring further reforms in FBR to broaden the tax net and improve tax culture.

On: February 24, 2024

In: Commerce and Industry

Tagged: Broaden the tax net, Facilitate better growth, Incoming Government, Islamabad Chamber

Incoming Government to focus on promoting ease of doing business – Qaiser Ahmed Sheikh ISLAMABAD ( Web News ) Qaiser Ahmed Sheikh, newly elected Member National Assembly of PML-N and former Chairperson, NA Standing Committee on Finance and Revenue said that the incoming government would focus on promoting ease ofRead More →

ICCI invites Saudi importers to import agricultural products from Pakistan Fadel Abdallah, General Manager, Al-Shaqaq Trading Est of Saudi Arabia during his visit to ICCI.

On: February 23, 2024

In: Commerce and Industry

Tagged: agricultural products., Al-Shaqaq Trading Est, Islamabad Chamber, Pakistan Saudi Arab

ICCI invites Saudi importers to import agricultural products from Pakistan ISLAMABAD ( Web News ) Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) said that Pakistan produces quality food products and Saudi Arabia is an import-based market receiving supplies from foreign markets. He said that Saudi ArabiaRead More →

Administrator MCI assures to address issues of the business community MCI is making a uniform policy to remove all billboards in Islamabad as they are affecting the beauty of the city.

On: February 22, 2024

In: Commerce and Industry

Tagged: Administrator MCI, business community, Islamabad Chamber, Remove all billboards

Administrator MCI assures to address issues of the business community ISLAMABAD ( Web News ) Rana Waqas Anwar, Administrator, Metropolitan Corporation Islamabad (MCI)/Acting Deputy Commissioner Islamabad along with his team visited the Islamabad Chamber of Commerce and Industry and interacted with the business community to learn about their issues. KamranRead More →

CCP approves acquisition of Fauji cereals business by Fauji foods ltd CCP's assessment of the pre-merger application indicated that there were no overlaps between the merging parties

On: February 21, 2024

In: Commerce and Industry

Tagged: Fauji Cereals Business, Pre-merger application, The Competition Commission

CCP APPROVES ACQUISITION OF FAUJI CEREALS BUSINESS BY FAUJI FOODS LIMITED ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s Fauji Foundation’s Fauji Cereals Business by M/s Fauji Foods Limited. The Fauji Foundation, established as a charitable trust for the welfare ofRead More →

SECP registers 2,651 new companies in January 2024 In January, around 58% of companies were registered as private limited companies, 38% as single member companies

On: February 20, 2024

In: Commerce and Industry

Tagged: 2651 new companies, 58 % private limited, foreign companies, Registers in January 24

SECP registers 2,651 new companies in January 2024 ISLAMABAD ( Web News ) The Securities and Exchange Commission of Pakistan (SECP) registered 2,651 new companies in January 2024, showing an increase of 10% compared to the corresponding period last year. The total number of registered companies now stands at 212,108.Read More →

68% of Pak’s population cannot afford a healthy diet: World Bank A Pakistani household spends 36% of consumption expenditure on food (1st quintile - 47%; 5th quintile - 28%)

On: February 20, 2024

In: Commerce and Industry

Tagged: 68% Pak’s population, A Pakistani household, Food and Agriculture Orgainization, World Bank

Both affordability & availability constrain access to a healthy diet in visible as some 68% of Pak’s population cannot afford a healthy diet: World Bank Says food price inflation is driven by the interaction of demand and supply factors influenced by diverse actors in the system ISLAMABAD ( Web News Read More →

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