Karachi, September 28, 2020: Agha Steel Industries is going to sell 100,000 metric tons of low-carbon billets worth approximately Rs 10 billion per annum to Horizon Steel. The two companies have signed a memorandum of understanding (MoU) that ensures Agha Steel will reliably supply the intermediate steel product that the downstream steel industry uses as…
Karachi, June 23, 2020: TPL Insurance Ltd, the insurance arm of TPL Corp and Pakistan’s first direct insurance company, has signed a Letter of Interest (LOI) with DEG, Deutsche Investitions – und Entwicklungsgesellschaft mbH (“DEG”), a wholly owned subsidiary of KfW Group based in Cologne, Germany. The proposed transaction of an acquisition of a minimum…
Karachi, May 04, 2020: Pak-Qatar General Takaful Limited (PQGTL) has recently signed an agreement with Gabitt, a ride hailing service. The ceremony was attended by Mr. Nasir Ali Syed, CEO Pak-Qatar General Takaful Limited and Mr. Farhan Ahmed, CEO L1 Solution Private Limited along with other senior officials from both the companies. Through this strategic…
Karachi, April 27, 2020: Aptec Distribution FZ LLC, a fully owned subsidiary of Ingram Micro Inc., one of the largest technology distributors in the META region, today announced signing a distribution agreement with Dell Technologies in Pakistan. Through this agreement, Aptec Distribution FZ LLC is now authorized to distribute Dell Technologies portfolio which will be…
Islamabad, April 13, 2020: Mastercard has signed an agreement with Askari Bank Pakistan for a multifaceted partnership to enhance customer experience and launch new products for a growing number of the Bank’s customers. The agreement is part of Mastercard and the Bank’s commitment to bring innovative payment solutions to more people across the Middle East…