ISLAMABAD, November 12 2024: In a significant development within Pakistan’s industrial sector, the Fauji Foundation has decided to withdraw from its proposed acquisition of a controlling stake in Agha Steel Industries Limited. The announcement, made to the Pakistan Stock Exchange (PSX) on Tuesday, cited inconclusive negotiations with sellers as the primary reason for the decision….
KARACHI, November 12 2024: Standard Chartered Bank (SCB) Pakistan has made a significant stride in the financial and travel sectors by launching a customized IATA EASY PAY solution tailored specifically for Pakistan’s market. This innovative solution aims to simplify the billing and settlement process for IATA (International Air Transport Association) Agents, transforming how airline tickets…
KARACHI, November 12 2024: The Aga Khan University Hospital (AKUH) has made a groundbreaking advancement in healthcare by introducing 3D-printed PEEK implants, a high-performance, customized bone replacement option now accessible in Pakistan. Designed and manufactured in-house by AKUH experts, these implants mark a transformative step towards enhancing healthcare quality, affordability, and accessibility for patients needing…
KARACHI, November 12 2024: Lucky Cement Ltd (LUCK) held a corporate briefing, sharing insights into its current performance and future strategies. Here are the main takeaways: This update reflects Lucky Cement’s ongoing strategies and outlook for growth amidst challenging market conditions. The company’s focus on diverse income streams and efficient operations, particularly in energy, highlights…
Karachi, Pakistan – 12th November 2024: Abhi Private Limited and TPL Corp Limited have received the State Bank of Pakistan’s approval for a joint acquisition of FINCA Microfinance Bank Limited, marking a milestone in financial inclusion efforts across the country. This alliance leverages FINCA’s extensive microfinance expertise, Abhi’s cutting-edge digital financial solutions, and TPL Corp’s…