Business
Foreign investors lead the CSR initiative with investment of 16 billion
Karachi, January 13, 2021: About 100 of the leading foreign investors, members of the Overseas Investors Chamber of Commerce and Industry (OICCI), actively participated in support of the GOP’s effort to fight the pandemic of COVID-19, without stepping back from their continuing commitment to CSR activities which benefit the marginalized communities across the country. OICCI…
TPL Corp acquires an additional stake in TPL properties
Karachi, January 13, 2021: TPL Corp, Pakistan’s leading tech conglomerate, has acquired an additional stake in TPL Properties, the tech giant’s emerging real-estate property development arm. With a 51 percent stake post-acquisition, TPL Corp and its sponsors have become the majority shareholders in TPL Properties. According to the notice on Pakistan Stock Exchange, TPL Corp acquired…
Emirates SkyCargo showcased its global leadership air cargo industry
Karachi / Dubai, January 12 2021: The year 2020 was a year unlike any other for the aviation and the air cargo industry. Faced with the devastating impact of the COVID-19 pandemic on global industries and on people’s wellbeing, Emirates SkyCargo redoubled its commitment to being a reliable, global partner to businesses and communities across…
KSE100 index closed positive at 45,922 levels up 317pts
Karachi, January 12, 2020: The benchmark KSE100 index closed positive at 45,922 levels (up 317 points.) after making a high of +408 points. Mostly activity was seen in the second and third tier stocks where KEL (12.2 percent), HU MILLIONL (10.1 percent), UNITY (7.1 percent), PIBTL (2.0 percent), SILK (1.6 percent), TRG (6.5 percent) and…
KSE-100 Index started new year with renewed optimism
Karachi, january 9, 2020: The KSE-100 Index started the new year with renewed optimism, led by a bullish spree in IPP scrips, following the announcement of the plan for circular debt resolution. Moreover, oil prices saw a jump of 7.8 percentWoW, as reports came in of Russia abstaining from pushing for an output hike in…