Aramco Soars in Debut to Hit Market Value of $1.88 TrillionBy: Web Desk on December 11, 2019Saudi Aramco’s stock rose sharply as the world’s biggest share listing got underway in Riyadh, rising 10% above the initial public offering price. The shares leapt to 35.2 riyal ($9.39) each, up from the IPO price of 32 riyals and at the daily limit of price moves allowed by the Tadawul exchange. Aramco raised $25.6 […]
KSE 100 gain 221 points amid volatile sessionBy: Equities Correspondent on December 11, 2019The Pakistan Stock Exchange (PSX) ended a volatile session in green, as it gained 0.55% to close 221.79 points higher. The bourse witnessed a buying and selling contest between individual investors and foreign institutions. The foreign institutions offloaded 3.9 million worth of shares against individuals buying 3.6 million worth of shares. Losing 183.78 points, the […]
New Nokia 2.3 in an amazing price exclusively at Daraz.pkBy: Press Release on December 11, 2019HMD Global, the home of Nokia phones, recently announced the Nokia 2.3.Delivering a feature-packed camera fuelled by AI, helping you get the best shot, the Nokia 2.3 also features a large 6.2″ HD+ screen and two-day battery life for long-lasting and immersive entertainment. Plus, being Android™ 10 ready, the new Nokia 2.3will receive guaranteed monthly […]
Askari Bank, UnionPay sign cooperation MoUBy: News Desk on December 11, 2019Askari Bank Limited (AKBL) and UnionPay International (UPI) have entered into an agreement to convert AKBL existing mag stripe cards to UnionPay QuickPass (NFC) and EMV Chip Cards in Pakistan. In addition to the agreement, the MoU was also signed for card acquiring business and remittance through Union Pay Money Express, according to a press […]
First batch graduates from Huawei ICT AcademyBy: News Desk on December 11, 2019The first batch of technologically trained students has graduated from Huawei’s ICT Academy in the remote city of Kohat. The HCIA certification exam was conducted last week where 66 candidates enrolled in the first batch of training from which 55 took the exam, 48 passed and got the HCIA certification. This certification covers network fundamentals […]
PTCL hosts ‘Digital Learning Hackathon 2019’By: News Desk on December 11, 2019The Pakistan Telecommunication Company Limited (PTCL) hosted its first-ever ‘Digital Learning Hackathon 2019’ at a special event organised at the PTCL Academy in Islamabad. The initiative has been launched to enhance capacity building of PTCL employees through introduction of the Harvard Manage Mentor (HMM), which is a globally recognized online learning program. PTCL employees were […]
Tecno launches ‘Baray Game Ka Bara Khiladi’ campaignBy: News Desk on December 11, 2019Tecno, a leading Chinese mobile company in Pakistan, has started teasing on its social media with another exciting campaign under the tagline “Baray Game Ka Bara Khiladi” to keep its users and audience hooked and interested, according to a press release issued by the company. Campaign mechanics has not been revealed by the brand but […]
Raids against illegal Plaster of Paris factories in KPBy: News Desk on December 11, 2019The massive campaign of SNGPL Peshawar against Gas pilferage and reduction of losses in the Oil & Gas producing districts (Karak, Kohat & Hangu) of Khyber Pakhtunkhwa is continued with full swing. During current fiscal year since July’19, 30 no’s illegal taps of Plaster of Paris factories have been disconnected with lodgment of FIRs. The […]
PSX sheds 289 points amid profit-takingBy: By Equities Correspondent on December 10, 2019The Pakistan Stock Exchange (PSX) started the week in a dull territory as the indices traded within a narrow range before closing the session in 0.72% lower. Amid expected correction and lack of triggers the investors offloaded stocks to book profits. Irfan Saeed, Senior Vice President BMA Capital, added the market will continue to correct […]
ADB, Pakistan sign $1.3 billion loan agreementBy: Agencies on December 10, 2019The Asian Development Bank (ADB) and Pakistan on Monday struck a loan agreement of $1.3 billion for budgetary support and reforms of the country. This will help stabilise the foreign exchange reserves of the country, and strengthen Pakistan’s slowing economy. Federal Minister for Economic Affairs Hammad Azhar was present on the occasion, while Economic Affairs […]