Islamabad: Pakistan has successfully captured 25% of the European rice market in the fiscal year 2023-24, setting a new benchmark for food safety standards. This achievement places the country at the forefront of rice exports to Europe, amidst fluctuat…
Karachi: Pakistan Petroleum Limited (PPL) Asia E and P B.V., a subsidiary of Pakistan Petroleum Limited, and Midland Oil Company (MdOC) have reached an amicable settlement regarding their past operations in Block 8, Baghdad, Iraq, concluding lingering …
Karachi: In a significant crackdown on electricity theft, K-Electric, with the support of law enforcement agencies, has conducted 78 anti-kunda operations over the past three months in Lyari, successfully removing 7,400 illegal connections that were si…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its insurer financial strength (IFS) rating of Postal Life Insurance Company Limited at ‘A+’ with a stable outlook, while placing the company under rating watch due to pressing c…
Karachi: Interloop Limited has announced that its latest Apparel Plant has received the prestigious LEED Platinum certification from the U.S. Green Building Council, achieving a record-setting 94 points, the highest rating awarded to any facility in Pa…
Karachi: In an ambitious move to drive economic growth and attract further investment, the Sindh government has announced plans to establish a new industrial zone along the Northern Bypass of Karachi. This development is aimed at capitalizing on Karach…