Nishat Power posts 13.25pc growth in profits
KARACHI: Nishat Power Limited has announced a net profit of Rs914.789 million for the quarter ended December 31, 2018, which is 13.25 percent higher than the profit of Rs807.569 million…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Nishat Power Limited has announced a net profit of Rs914.789 million for the quarter ended December 31, 2018, which is 13.25 percent higher than the profit of Rs807.569 million…
KARACHI: Kot Addu Power Company (KAPCO) has announced a net profit of Rs5.88 billion for the quarter ended December 31, 2018, which is 165 percent higher than the profit of…
JEDDAH: Saudi Electricity Co. has announced to have signed a SAR 15.2 billion Murabah syndication loan for general corporate purpose including capital expenditure. The duration of the credit facility is…
DUBAI: Dubai Investments PJSC has announced that the new residential tower at Al Barsha 1, developed by its subsidiary Dubai Investments Real Estate Company (DIRC), is 25 percent complete and…
JEDDAH: Alkhaleej Training and Education Co. has announced the awarding of contract with Saudi Arabian Monetary Agency. Under the SAR 34.08 million contract, Alkhaleej Training and Education Co. will operate,…
DUBAI: Drake & Scull International (DSI) a regional leader in engineering and construction services, has announced the appointment of Mr. Khaled Jarrar as Group Chief Financial Officer, Mr. Mohamed Ghanem…
DOHA: Nakilat has signed an agreement with McDermott to form a joint-venture (JV) company providing offshore and onshore fabrication services in Qatar. The strategic partnership aims at increasing productivity levels…
KARACHI: Pakistan Telecommunication Company Limited (PTCL) pledges to support top startups being incubated at National Incubation Center (NIC) Karachi. A delegation of PTCL’s higher management visited NIC Karachi located at…
KARACHI: Central Development Working Party (CDWP) Tuesday approved 04 projects of worth Rs 806.202 million and referred 02 projects of worth Rs 7404.567 million to ECNEC for further approval. The…
KARACHI: Minister of State for Inerior Mr. Shehryar Afridi is leading Pakistan delegation to the 6thMinisterial Conference of the Budapest Process being held from 19-21 February in Istanbul. The aim…
ISLAMABAD: Federal Minister for Law and Justice Barrister Dr. Muhammad Farogh Naseem has said that the present government is the most pro-women government as far as proposed legislation is concerned.…
KARACHI: Minister for Finance of Government of KPK, Mr. Taimur Saleem Khan Jhagra visited the Pakistan Stock Exchange to open the trading session with the gong ceremony, a press release…
KARACHI: Turk Consul General in Pakistan Tolga Ucak has said that President of Turkey Recep Tayyip Erdoğan will visit Pakistan next month, and he would make big investment related announcement…
KARACHI: The foreign currency buying selling rates as on February 19, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.90 and Selling at Rs139.00.…
Karachi: Careem has launched the biggest rewards programme, by number of users in Pakistan: Careem REWARDS. From today, Careem REWARDS is active on all Pakistani Careem users’ apps giving points…
KARACHI: SME financing by banks in Pakistan has first time crossed the milestone of Rs 500 billion. SME financing was recorded at Rs 513 billion at the end of CY…
DUBAI: The Dubai Financial Market (DFM) today launched the enhanced Foreign Ownership Limits (FOL) webpage, providing market participants with real time FOL info every two minutes during the trading session…
DUBAI: Dubai Financial Market (DFM) has announced that its UAE listed companies have showed a 96 percent compliance to disclose their preliminary results for the financial year 2018 within the…
DUBAI: In regards to the Securities and Commodities Authority’s (SCA) self-Regulatory Organization plan, the Dubai Financial Market (DFM) has completed the first phase of transferring responsibilities of licensing brokerage firms…
DUBAI: Dubai Financial Market Company announced its results for the financial year ending December 31, 2018, posting a net profit of AED 125.5 million, compared to AED 232.9 million in…