Airshare Continues Growth, Plans to Double Fractional Challenger Fleet with New Agreement Featuring Bombardier’s Challenger 3500 Aircraft Airshare commits to ordering up to 20 additional1 Challenger 3500 super-midsize jets Order builds on previous commitment for up to 20 Challenger aircraft initially announced in May 2021 The best-selling Challenger 3500 aircraft continues to impress with its […]
Day: July 26, 2023
Hitachi Energy selected as preferred technology provider for the longest HVDC link in the UK
HVDC interconnection to secure power transmission and support new renewable electricity generation with the country’s largest electricity transmission project Zurich, Switzerland, July 26, 2023 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has been selected as preferred technology provider of SSEN Transmission […]
Pakistanis are getting increasingly poor; growth rate is constantly shrinking
Karachi, July 26, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that Pakista…
A rapidly growing population is the biggest threat
Haripur, July 26, 2023 (PPI-OT): The Haripur Chamber of Commerce and Industry said on Wednesday that the biggest threat facing the country is not being addressed. Pakistan is facing climate challenges, terrorism, floods, drought, corruption, instabilit…
Nestle Pakistan, Punjab Workers Welfare Fund inaugurate N4HK room for nutrition awareness
Lahore, July 26, 2023 (PPI-OT): Nestle Pakistan inaugurated the Nestle for Healthier Kids (N4HK) room in Punjab Workers Welfare Fund (PWWF) Higher Secondary Girls School at Sahukimalian near Sheikhupura to foster and promote nutrition awareness. N4HK i…
PACRA Revises the Rating of Pakistan Services Limited | Sukuk | Mar-18
Lahore, July 26, 2023 (PPI-OT): Pakistan Services Limited’s (The Company) has a leading position in the hospitality industry. Ever since the pandemic Covid-19, the hotel sector has been under pressure. Furthermore, the slowdown in domestic activity, co…
ICCI and HAP mull to organize handicrafts expo
Islamabad, July 26, 2023 (PPI-OT): Ms. Maryam Iqbal, Chairperson, Handicrafts Association of Pakistan (HAP) visited Islamabad Chamber of Commerce and Industry (ICCI) and held a meeting with Ahsan Zafar Bakhtawari, President ICCI to organize a handicraf…
HBL’s H1’23 profit rises by 50% to Rs 51.5 billion, while affirming its position as Pakistan’s Best Digital Bank for Customers
Karachi, July 26, 2023 (PPI-OT): HBL today declared a consolidated profit before tax (PBT) of Rs 51.5 billion, nearly 50% higher than the PBT for H1’22. The PBT of Rs 30 billion for the second quarter of 2023 was the highest in the Bank’s history based…
PACRA assigns Preliminary rating to Lucky Electric Power Company Limited | PPSTS-12 | PKR 7bln | TBI
Lahore, July 26, 2023 (PPI-OT): Lucky Electric Power Company Limited (“LEPCL” or “the Company”) has set up a 1x660MW (gross) coal-fired power plant. The project achieved COD in March-22 and is successfully connected to and providing electricity to the …
JS Bank Leadership meets the High Commissioner of Pakistan to the UK in an effort to provide financial services to Non-Resident Pakistanis
Karachi, July 26, 2023 (PPI-OT): JS Bank’s President and CEO, Basir Shamsie, and Chief Operating Officer, Imran Haleem Shaikh, held a significant meeting with His Excellency Moazzam Ahmed Khan, the High Commissioner of Pakistan to the United Kingdom. T…