Business
Descon aims to boost local economy, global exportsÂ
Karachi, August 23, 2023: In a momentous event, Abdul Razak Dawood, the Founder of Descon, along with Faisal Dawood, Vice-Chairman of Descon, marked a significant milestone in the company’s journey towards agricultural innovation. The occasion celebrated the groundbreaking ceremony of Blume Agri, a PKR one billion pioneering venture that promises to significantly contribute to the…
KSE-100 resilience, Eyes on 48,000-Point threshold
Karachi, August 23, 2023: In the ever-fluctuating landscape of the Karachi Stock Exchange (KSE-100), investors found themselves perched on the edge of their seats as the market embarked on a rollercoaster ride. This week, the KSE-100 index demonstrated its characteristic resilience, navigating through choppy waters and landing firmly within the coveted support zone of 46,000…
Pakistan’s equities hold steady amidst market swings
Karachi, August 23, 2023: The Pakistan equities market concluded a relatively flat session, with the benchmark KSE-100 index closing at 47,418 points on Wednesday. During this trading day, Investors found themselves navigating within a range-bound market, with the index swinging within a relatively narrow 580-point band – reaching a high of +170 points and a…
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….