KARACHI, October 31 2024: In a historic turn of events, Pakistan has reported a budget surplus for the first time since the second quarter of FY04, marking a significant milestone in the country’s fiscal management. Key Highlights of 1QFY25: Overall, these figures reflect a significant shift in Pakistan’s economic landscape, showcasing improved fiscal discipline and…
Karachi, October 31st, 2024: Wafi Energy Holding Limited (Wafi Energy) becomes the majority shareholder of Shell Pakistan Limited (SPL) after The Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), completes the sale of its 77.42% interest in SPL. Wafi Energy, an established Saudi company and affiliate of the Asyad Group, now holds approximately…
Karachi, October 31 2024: The 17th edition of the Plastic Packaging, Corrugated, and Food Asia International exhibition and conferences recorded over $10 million in business deals between foreign and local companies in different segments, according to the organizers. Various exhibiting companies from Vietnam, Thailand, Turkey, China, and Iran have received overwhelming responses from local delegates…
KARACHI, October 31 2024: In a groundbreaking turn of events, Pakistan has announced its first-ever fiscal surplus, reporting an impressive Rs1.7 trillion, equivalent to 1.4% of its GDP, for the first quarter of FY25. This achievement marks a significant departure from the fiscal struggles that have plagued the nation over the past two decades. The…
LAHORE, October 30 2024: DWP Technologies, a division of Pakistan’s leading business conglomerate, DWP Technologies has achieved remarkable recognition at the Cisco and Ingram Partner Award Night held on October 23, 2024, in Karachi. The company was awarded both the Cisco Technology Partner of the Year and Security Partner of the Year, solidifying its status…