Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing pipeline of larger technology and infrastructure projects increases funding requirements ahead of execution. The listed technology company is undertaking an 85% rights issue at Rs10 per share to raise approximately Rs915 million, with proceeds primarily aimed at supporting working capital and […]…
Over 60 volunteers, including students from Rehri Goth, participate in environmental initiative at Toor Creek Mera Karachi Group (MKG), a civil society initiative committed to promoting a cleaner, greener and more sustainable Karachi, organized a mangrove plantation drive at Toor Creek in the Indus Delta, with the support of the Sindh Forest Department, Caritas Pakistan […] The post Mera Karachi…
Meezan Bank, Pakistan’s premier Islamic bank, has inaugurated its first Service Center at Clifton Bridge, Karachi. The Center introduces a customer-focused banking model that combines round-the-clock digital convenience with personalized support. Strategically located in one of Karachi’s busiest commercial and residential corridors, the Center provides convenient access to banking services for…
Pakistan’s hybrid and plug-in hybrid vehicle market is entering a sharper phase of price competition after the latest sales tax changes pushed automakers to revise ex-factory prices, with Chery Master Pakistan emerging with one of the more aggressive customer-retention strategies through partial tax absorption and limited-stock pricing. Recent price notifications issued by Chery Master Pakistan,…
As the UAE accelerates the digital transformation of its tax ecosystem, e-Invoicing and its impact on businesses took centre stage at the UAE E-Invoicing Boot Camp 2026, hosted by the UAE Chapter of the Institute of Chartered Accountants of Pakistan (ICAP) at InterContinental Abu Dhabi on Thursday, August 13, 2026. The event brought together finance, tax, compliance and technology professionals to…
Kohinoor Textile Mills Limited (KTML) has announced a major investment in renewable energy, approving the installation of a 48.36 MW Battery Energy Storage System (BESS) alongside an additional 9.34 MW solar power plant. In its official communication to the Pakistan Stock Exchange (PSX), the Company informed that the new facilities are expected to be commissioned […] The post Kohinoor Textile…
Sazgar Engineering Works Limited has released its production and sales figures for July 2026, formally informing the Pakistan Stock Exchange (PSX). According to the Company’s disclosure, production of four-wheelers (off-road and passenger vehicles) stood at 1,778 units, with 663 units sold during the month. Meanwhile, production of three-wheelers reached 3,037 units, with 2,562 units sold […] The…
Hi-Tech Lubricants Limited (HTL) has formally informed the Pakistan Stock Exchange (PSX) that it has successfully acquired approximately 8.7 acres of land in Daulatpur, District Shaheed Benazirabad (Nawabshah), Sindh. The land will be used for the development of a modern oil storage depot under the Company’s Oil Marketing Company (OMC) segment. The Company stated in […] The post Hi-Tech Lubricants…
Apple Music is officially launching in Pakistan soon, and local users will be able to subscribe and successfully complete payments for the service. The music streaming service is now showing Pakistan-specific subscription plans. This marks Apple Music’s long-awaited availability in iOS devices across the country. The service came to Android phones ages ago. While not official, sources […] The post…
Leading foreign investors continue to demonstrate strong confidence in Pakistan’s economic potential, with OICCI member companies alone investing over USD 23 billion in the country over the past decade, surpassing Pakistan’s cumulative net foreign direct investment (FDI) inflows of USD 21 billion during the same period. The findings, released in OICCI’s Members’ Contribution to the […] The post…
Lucky Investments Limited (“Lucky Investments”) has been awarded AM1, the highest Asset Manager Rating by the Pakistan Credit Rating Agency Limited (PACRA), marking a historic milestone for the Company less than one and a half years after commencing operations in April 2025. The AM1 rating reflects PACRA’s highest opinion of an asset manager’s quality, recognizing […] The post LUCKY INVESTMENTS…
The Board of Directors of Meezan Bank, in their meeting approved the financial statements of the Bank for the half year ended June 30, 2026. The meeting was chaired by Mr. Riyadh S.A.A. Edrees – Chairman of the Board. The Bank reported a Profit After Tax (PAT) of Rs 48.88 billion, achieving an annualised Return […] The post Meezan Bank Announces Financial Results for the Half Year Ended June 30,…
