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Science & Technology

RapidCompute partners with leading local and global players to launch Pakistan’s first banking ready cloud

The Biz Update3 years ago04 mins

Karachi, October 28, 2020: RapidCompute, Pakistan’s largest local cloud service provider, announced the formal launch of its Cloud Services designed especially for the Banking Sector and Financial Institutions. The company has established dedicated datacenters for banking operations with the highest level of security and compliance checks, keeping in mind all legal and policy requirements by…

Business

Lucky Cement posts profit for first quarter of 2020

The Biz Update3 years ago9 months ago05 mins

Karachi, October 27, 2020: On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 5.13 billion of which PKR 0.78 billion is attributable to non-controlling interests for the first quarter ended September 30, 2020. This translates into earnings per share (EPS) of PKR 13.45 / share as compared to PKR 3.93…

Business

Pakistan’s first shared cloud kitchen network HOTPOD launched

The Biz Update4 years ago9 months ago03 mins

Customer centric KaaS model will unleash the PKR 20 billion+ market potential Karachi, October 22, 2020: Hotpod, Pakistan’s first shared cloud kitchen launched recently in Karachi. Hotpod is a Kitchen as a Service (KaaS) platform that enables restaurants and food owners to expand their network by providing a managed kitchen infrastructure with minimum capital risk,…

Pakistan

First Women Bank & Sehat Kahani partnership to promote SMES

The Biz Update4 years ago05 mins

Karachi, September 30, 2020: First Women Bank Limited (FWBL) signed an MOU with Sehat Kahani-one of the fastest growing health tech companies in Pakistan, to Launch an E- Health Financing Loan to female health workers to allow them to set up their clinics, where patients can get connected to a doctor through the Sehat Kahani…

Business

Oracle announces fiscal 2021 first quarter financial results

The Biz Update4 years ago9 months ago04 mins

GAAP EPS up 16 percent year-over-year to $0.72, non-GAAP EPS up 15 percent to $0.93 Fusion ERP cloud revenue up 33 percent, NetSuite ERP cloud revenue up 23 percent Karachi, September 11, 2020: Oracle Corporation (NYSE: ORCL) today announced fiscal 2021 Q1 results. Total quarterly revenues were up 2 percent year-over-year in USD and in…

Government extends Afghan refugee stay until June 30

7th Intersessional meeting of Pakistan-U.S Trade and Investment Framework Agreement (TIFA)

Nestlé Pakistan reports first quarter sales

Ministry of Commerce and the WTO organized workshop

Dream of increasing exports cannot be full filled Without creating a competitive environment

Mobilink Bank carries out nationwide plantation drive to boost safeguards against climate change

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Lucky Cement posts profit for first quarter of 2020

First Women Bank & Sehat Kahani partnership to promote SMES

Oracle announces fiscal 2021 first quarter financial results