KARACHI: A severe water shortage has halted industrial production in Karachi’s SITE area, leaving factories closed and workers idle for the past four days.
According to a statement by SITE Association of Industry, Ahmed Azeem Alvi. The interruption …
Lahore: In a concerted effort to enhance economic cooperation, Senior Vice President of the Lahore Chamber of Commerce and Industry (LCCI), Engineer Khalid Usman, met with Iranian Consul General Mehran Movahhedfar to discuss strategies for boosting bi…
KARACHI: Nestlé Pakistan was honored with the top Climate Champion Award at the inaugural OICCI Climate Excellence Awards, spotlighting its initiatives in climate action, sustainability, renewable energy, and regenerative agriculture. The awards were …
Karachi: VIS Credit Rating Company Limited (VIS) has confirmed the maturity of K-Electric Limited’s (KE) Short Term Sukuk (STS-26), valued at PKR 5 billion. The issuance of the sukuk took place on June 5, 2024, and it reached maturity on December 5, 2…
KARACHI: H.E Yang Yundong, Consul General of the People’s Republic of China, underscored the robust diplomatic and economic ties between China and Pakistan while calling for an increase in bilateral trade. “The friendship between China and Pakistan is…
Karachi: Bank Al-Habib Limited (BAHL) reported its financial results for the fourth quarter of 2024, revealing a profit of PkR6.8 billion, or PkR6.1 per share, reflecting a 13% year-over-year decrease and a 43% quarter-over-quarter increase. Despite t…