UAE govt honours Pakistani journalist on August 4, 2023A Pakistani journalist based in Dubai has been awarded 10-year golden by the UAE government. Syed Mudassar Khushnood has been given Golden Visa for his journalistic services. Syed Mudassar Khushnood is the first journalist associated with a Pakistani news channel to be awarded the Golden Visa. Syed Mudassar Khushnood is currently associated with a private […]
SNGPL’s shareholders approve 40% cash dividend for FY2021-22 on August 2, 2023The 58th Annual General Meeting of shareholders of Sui Northern Gas Pipelines Limited (SNGPL) was held on Tuesday, August 01, 2023 at Pearl Continental Hotel, Lahore. The shareholders of the Company Approved the Annual Accounts for the FY 2021-22 with profit before tax of Rs. 15.50 billion, profit after tax of Rs. 10.37 billion and […]
Meezan Bank introduces Meezan WhatsApp Banking Service for its Customers on August 2, 2023Meezan Bank, Pakistan’s leading Islamic bank, has introduced Meezan WhatsApp Banking, a hassle-free service that empowers both individual customers and businesses to conveniently access a wide range of Account Management services without the need to visit the Bank’s website or log in to the mobile application. Developed in collaboration with Infobip (Globally Authorized Vendor), this […]
OGDCL achieves remarkable increase in oil and gas production in July 2023 on August 1, 2023Paving the Way for Import Substitution and Slashing Annual Import Bill by USD 96 Million While successfully implementing cutting-edge technologies and industry’s best practices, the Oil and Gas Development Company Limited (OGDCL) has recorded a substantial production increase during the month of July 2023. The company has achieved remarkable enhancements in oil and gas production […]
Pakistani oil companies collaborate with Saudi Aramco for $10bn Greenfield Refinery Project on July 28, 2023In a historic collaboration, four leading Pakistani state-owned companies would join hands for Greenfield Refinery project at the strategic Gwadar Port in Pakistan. The Memorandum of Understanding (MoU) signing ceremony took place at the head office of Oil and Gas Development Company Limited (OGDCL) on Thursday, a news release said. The Pakistani state-owned entities, Oil […]
Mobilink Bank collaborates with TIIES, PAFLA to fuel entrepreneurial success on July 22, 2023Mobilink Bank signed two separate Memorandum of Understandings (MOUs) with the International Institute of Entrepreneurship (TIIES) and Pakistan Freelancers’ Association (PAFLA) respectively. These collaborative partnerships aim to bolster financial literacy, inclusivity, and entrepreneurship. Under the collaboration, Mobilink Bank, TIIES and PAFLA will organize events and workshops, provide support to freelancers, offer academic assistance and establish […]
UBL declares Profit Before Tax of Rs52bn for H1 on July 22, 2023United Bank Limited (UBL) declared a Consolidated Profit Before Tax (PBT) of Rs. 52.0 billion for the half year ended June 30th 2023, with an impressive growth of 50% over last year. Profit After Tax (PAT) was reported at Rs. 27.5 billion, with a two-fold increase. Earnings per Share (EPS) was measured at Rs. 22.01 […]
Dolmen City REIT’ announces 18.1% annual dividend for FY23 on July 21, 2023The Board of Directors of Dolmen City REIT (DCR) have declared and approved a final cash dividend of PKR 0.50 per unit, in their meeting held on Tuesday July 18, 2023. This is in addition to the interim dividends of PKR 1.31 per unit already paid to the unit holders. On cumulative basis, the REIT […]
Management urged for urgent completion of Mohmand Dam Project to ensure water security, economic prosperity on July 14, 2023Chairman WAPDA visits Mohmand Dam; reviews Construction on all key sites Project’s diversion scheme to be completed during upcoming low-flow season July 13, 2023: Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) visited Mohmand Dam Project’s all key sites, including diversion scheme of the project, which will be completed during upcoming low-flow season to divert […]
IIL inaugurates First Vessel & Transmission products’ distributor in Sukkur on July 14, 2023IIL Pakistan, the country’s leading pipe manufacturing company, marked a significant milestone today with the inauguration of its first Vessel & Transmission products distributor in Sukkur namely Rehman Manufacturer and Trader. The momentous event was attended by esteemed guests, including Mr. Abdul Shakoor Sheikh and Mr. Abdul Latif Sheikh from Rehman Manufacturer and Traders, along […]