Karachi, The Pakistani government has formally requested the World Bank to restructure a significant urban development initiative in Karachi, aiming to enhance the city’s competitiveness and livability with a $230 million investment.According to Zameen…
Karachi, The federal minister for maritime affairs, Mr. Qaiser Ahmed Sheikh, has expressed support for the establishment of a dedicated authority to regulate maritime activities in Pakistan, aligning with demands from the Federation of Pakistan Chamber…
Karachi, Director General of Sindh Food Authority, Agha Fakhar Hussain, announced that immediate licenses will be issued for companies and their products promoted by the Korangi Association of Trade and Industry (KATI). This initiative aims to streamli…
Karachi, The latest earnings previews for ILP, NML, and NCL indicate varying financial performances for the third quarter of fiscal year 2024. ILP is expected to report an increase in earnings due to growth in exports, while NML anticipates higher earn…
Karachi, Telenor Microfinance Bank (TMB) has announced a significant financial turnaround in the first quarter of 2024, posting a profit before tax of PKR 1.03 billion, in contrast to a loss in the same period last year.According to Telenor Pakistan, t…
Lahore, The Lahore Waste Management Company (LWMC) has successfully completed an extensive cleanup operation across several major areas in Lahore, significantly enhancing the cleanliness of the city’s prominent districts.According to Zameen.Com, the cl…
Karachi, The Governor of Sindh, Muhammad Kamran Khan Tessori, has committed to revamping the bureaucratic system and addressing longstanding industrial issues during a recent visit to the SITE Association of Industry.According to S.I.T.E Association of…
Islamabad, Volumetric offtakes in Pakistan’s Oil Marketing Companies (OMC) sector fell to a seven-month low, reaching 1.1 million tons in April 2024. The figures represent a decline of 4% month-on-month and 6% year-on-year.According to AKD Securities L…
Dubai, Careem has announced a collaboration with the Dubai Food Festival, offering customers the opportunity to explore diverse culinary delights from the comfort of their homes.According to Careem, this partnership is designed to deliver a flavorful d…
Karachi, The Hub Power Company (HUBC) reported a notable increase in its consolidated quarterly earnings for the third quarter of fiscal year 2024 today. The earnings amounted to PkR17.19 billion, a 53% increase from the same period last year, exceedin…
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