Economy
Consul General of Italy in Karachi attended the unveiling of advanced Italian technological innovation in diesel engines
Karachi: 25 September 2024, Mr Danilo Giurdanella, the Consul General of Italy in Karachi attended the unveiling of advanced Italian technological innovation in diesel engines – the launch of R24 FPT Engines in Karachi; The new series is aimed at providing innovative solutions to industries and businesses across Pakistan to reduce their carbon footprint and…
KSE-100 Index Profitability – FY24 – Highest profitability on FY basis
The profitability of the KSE-100 index continues to rise, registering a growth of 24% YoY during FY24, the highest profitability on an FY basis. The growth in profitability during the period came on the back of 6%, 23%, 35%, 38%, 84%, and 137% YoY growth in the E&P, Power, Bank, Cement, Fertilizer, and OGMC sectors,…
Larkana industrial zone has been given status of SEZ. Jam Ikramullah Dharejo
Karachi : September 24. Provincial Minister for Industries and Commerce Jam Ikramullah Dharejo has said that the Larkana Industrial Zone has been given the status of an Economic Special Zone for the development of Larkana and its surrounding areas. He said this while speaking on the occasion of an agreement ceremony between the SITE Government…
Qist Bazaar Raises US$3.2 M ‘Series A’ Funding
Karachi, Pakistan – Qist Bazaar, Pakistan’s Buy Now Pay Later (BNPL) fintech startup, announced that it has secured US$3.2 million in its Series A funding round. The round was led by Indus Valley Capital, with participation from Gobi Partners holding US$1.6 billion in assets under management (AUM). Bank Alfalah, has already invested in it. Qist…
NBP Launches Easy Loan Facility “Cash N Gold” to Meet Customer Needs
Islamabad: 21, September 2024, National Bank of Pakistan introduces its latest service, “NBP Cash N Gold,” offering a seamless way for customers to obtain quick loans against their gold items. With the promise of easy terms, minimal paperwork and competitive processing, NBP provides a hassle-free experience for those needing immediate funds. Customers can borrow up…