Business
BankIslami profit posts 255 pc growth in H1CY23
KARACHI, August 23, 2023: The first half of 2023 has marked its significance for BankIslami, as it attained a notable milestone by securing a ‘AA-’ long term entity rating assigned from PACRA. This rating upgrade acknowledges the outstanding performance the Bank has consistently delivered in recent periods. Further, the Bank also takes pride in the…
Fly Jinnah launches Mobile App to enhance passenger experience
KARACHI, August 22, 2023: Fly Jinnah, Pakistan’s new low-cost carrier (LCC), announces the launch of its brand-new mobile application, designed to provide passengers with unparalleled convenience and a seamless travel experience. With the new Fly Jinnah mobile app, passengers can now effortlessly book and manage their flights, making travel arrangements more convenient than ever before….
Pakistan’s pharmaceutical crosses over $3bln valuation
The pharmaceutical companies—multination and local—are always in the limelight in Pakistan mainly for the wrong reasons. Such as the shortage of high-demand medicines during outbreak of different diseases, the staggering jump in the prices of different medicines, and the counterfeit sale of medicines. Despite these challenges in the densely populated country of South Asia, pharmaceutical…
MoITT sector invests Rs 70 bln on telecom infrastructure
Karachi, August 19, 2023: Former Federal Minister of IT and Telecommunication, Syed Aminul Haq, said that the ministry invested over 70 billion on different development projects of telecom infrastructure and digital connectivity during the last three-year. He was speaking at the farewell ceremony hosted in his honor by Pakistan Software Houses Association (PASHA) Chairman Zohaib…
Shell Pakistan announces financial results for H1 2023
Karachi, August 16, 2023: The Board of Directors of Shell Pakistan Limited (SPL) announced half-year results for the company on August 16th. The company posted a profit after tax of PKR 3.5 billion compared to the profit after tax of PKR 7.5 billion made in the same period last year. On June 14th, 2023, Shell…