Islamabad, January 19,2024: NEPRA has renewed the power distribution and supply licenses of K-Electric for a period of 20 years. This non-exclusive license renewal follows KE’s request for a non-exclusive license ahead of the liberalization of the power sector. KE’s previous 20-year license had reached its term in July 2023. Subsequently, NEPRA had provided KE…
Karachi, January 19, 2024: Unity Foods was honored as the top Importer of Edible Oil in Pakistan for the year 2023 during the 6th Pakistan Edible Oil Conference held in Karachi. Mr. Kamran Tessori, the Governor of Sindh, bestowed the award upon Mr. Safdar Sajjad, the Executive Director of Unity Foods Limited. As we celebrate…
Karachi, January 19, 2024: Qasim Yaqoob Paracha, Acting Chairman of the Salt Manufacturers Association of Pakistan (SMAP), underscores the transformative power of Artificial Intelligence (AI) in revolutionizing Pakistan’s salt industry. In a statement, Qasim Yaqoob Paracha outlined how AI could harness extensive social media data to comprehend consumer behavior, enabling the formulation of targeted marketing…
Karachi ,January 19, 2024 : Visa (NYSE: V), a world leader in digital payments, together with HBL, Pakistan’s leading Bank today, announced five winners of Pakistan’s inaugural edition of the She’s Next program, Visa’s global platform dedicated to supporting women in their efforts to fund, run and grow their small businesses. Winners included Ziana Sakhia,…
Pakistan, January 19, 2024 : In CY23, urea offtakes remain flat to clock in at 6.64mn tons vs. 6.61mn tons in SPLY. Whereas, DAP offtakes clocked in at 1.56mn tons witnessing an increase of 30% YoY. Fertilizer prices experienced several hikes during the quarter in anticipation of increase in gas tariff. To highlight, gas prices…