Business
PSX closed Thursday on a positive note
Karachi, October 24, 2019: Pakistan equities closed Thursday on a positive note with benchmark KSE100 Index gaining 322 points, closing at 33,762 levels, up 1 percent. The market remained on the positive side but is expect to come under pressure in the short run due to ongoing developments on oppositions Azadi March and tension on…
PSX index closed with an increase in volume of 241pts
Karachi, October 23, 2019: Market responded positively to an earlier rumour of rapprochement between Government and JUI (F) on protest and long march. The rumour became news by the end of the session. Prior to MoC, the index realized an upside of 441 points and during MoC sustained loss of approx 150 points due to…
Omar Abedin joins Graana Group as chief marketing officer
Islamabad, October 23, 2019: Graana Group of Companies, Pakistan’s leading real estate development group, has appointed Omar Abedin as Chief Marketing Officer. Abedin has worked with brands across multiple categories on various aspects of marketing and sales. He has developed and launched three startups, including Middle East’s first battery replacement service. Abedin was previously CEO at…
Impacting Lives Beyond Connectivity – Channelling excess energy from edotco sites to improve quality of life for over 3,500 people
Karachi, October 23, 2019: The edotco Group Sdn Bhd (“edotco”), the region’s end-to-end integrated telecommunications infrastructure services company, is improving the lives of over 3,500 people in the rural areas of Bangladesh, Myanmar, and Malaysia through its Tower to Community (T2C) programme. Going beyond its core purpose of enabling connectivity, edotco channels excess electricity from…
KE awards contracts for 900MW BQPS-III
Karachi, October 23, 2019: K-Electric has awarded the contracts to global technology powerhouse Siemens AG and Chinese construction contractor(s) Harbin Electric for a 900MW Combined Cycle Power Plant and associated grids at Bin Qasim. The contract was signed by Moonis Alvi, CEO, KE; Dr. Keramat Fakhari Executive Vice President, Siemens and Guo Yu, Chairman, Harbin…