Karachi, November 20, 2019: Commerce Secretary Sardar Ahmed Nawaz Sukhera recently asserted that the country’s exports cannot grow as per expectations until increase in export surplus is available. He was briefing the National Assembly Standing Committee on Commerce and Textile headed Naveed Qamar. “I think when Commerce Ministry is asked for exports (and rightly so),…
Karachi, November 20, 2019: After managing a bull run that added ~10,000 points from its low, the market finally took corrective stance with index plunging 587 points and closing the session at that note (unadjusted). Selling pressure was evident in Cement, E&P, O&GMCs and Banking sector stocks. Although dust is seemingly settling on political front,…
Karachi, November 20, 2019: Pakistan’s favorite biscuit brand, Bisconni has launched their latest CSR campaign in celebration of World Children’s Day and it is truly remarkable. According to Wafaqi Mohtasib Pakistan, between 4 to 8 million people in Pakistan are disabled among which 45% are children. As part of its “Complete Others” CSR campaign, Bisconni…
Fleet investment strengthens airline’s business model, and signals confidence in Dubai and UAE’s strategy of international connectivity Dubai, UAE, November 20, 2019: Emirates, the world’s largest international airline, today announced a firm order for 50 A350-900 XWB aircraft worth US$ 16 billion (AED 58.7 billion) at list prices at the Dubai Airshow 2019. Powered by…
Karachi, November 20, 2019: K-Electric (KE) has energized a dedicated 12-megawatt grid along with a dedicated 132kV distribution system to facilitate Getz Pharma’s new manufacturing/production facility in Korangi industrial area. The ceremony was attended by Khalid Mahmood, MD & CEO Getz Pharma and Moonis Alvi, CEO, KE along with their respective teams. According to Moonis Alvi,…