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KSE-100 increases by 3% MoM in November

Karachi, December 1, 2020: During November, the market provided a return of 3percent MoM, closing above 41k levels (41,069) after closing below 40k in the preceding month. So far in 5MFY21, the KSE–100 has provided a healthy return of 19.3percent Among the major sectors, top performers on MoM basis included Engineering (22.4percent), Technology & Communication…

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E-commerce clearance facility to support exports in post-corona era: PRGMEA

PRGMEA chief asks govt. to also launch Digital Market Policy in consultation with stakeholders Karachi, November 30, 2020: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) on Monday appreciated the efforts of Pakistan Customs to develop an e-commerce automated clearance facility in collaboration with the State Bank, saying the move will prove to be very…

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Zameen Developments, EBCO Constructions sign contract with Tameer Constructions

Lahore, November 30, 2020: Zameen Developments and EBCO Constructions have signed an agreement with Tameer Constructions; granting the latter with exclusive rights to construct the grey structure of Mall 35 in Rawalpindi. The signing ceremony was held at Zameen’s Head Office in Lahore. Zameen.com CEO Zeeshan Ali Khan, Zameen Developments Director Fahad Arif Khawaja, EBCO…

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Pakistani fashion e-commerce startup Clicky.pk attracts funds

Karachi, November 30, 2020: lahore-based fashion e-commerce startup, Clicky.pk, closed USD 700,000 in a Pre-Series A round of funding. Former executives from Amazon MENA region as well as Xiaomi along with few other angel investors participated in the round. Founded in 2016 by Muhammad Khalid & Syed Shahzad, Clicky.pk is Pakistan’s top fashion-focused marketplace and retail startup. Having known…

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