GFS Builders and Developers appreciate all employees and treat them like family. GFS builders and Developers every year encourage, appreciate and motivate their every employee by represented best employee, rising star of GFS and many others. GFS builders and Developers Managing Director Mansoor Wahid and Chief Executive Officer Irfan Wahid said all GFS employees are my family, we are working very hard for our Country. GFS a projectized organization offering a full range of construction services and investment management while maintaining a strong foundation of trust and mutual respect generated through positive relationship with clients, architects, engineers, architects, engineers, sub-contractors…
Author: PAGE Report
*Fertilizer Policy 2022 to enable move to WACOG and leverage excess urea capacity in the country through exports* Pakistan, being an agrarian state with 20% GDP contribution and around 70% of the total population depending on agriculture for its livelihood, the role of Urea Industry has been of pivotal importance. Prior to 1980-81, Pakistan imported well over 50% of its annual fertilizer requirements and had been a net importer till 2012. However, thanks to the Fertilizer Policy of 2001, which led to investment in new plants and increase in production capacity. Average local urea demand in Pakistan is around 6.1…
Joint Ventures (JVs) have historically seen both success and failures. However, it has become clear to many companies globally that alliances – both equity JVs and contractual alliances – can be ideal for managing risks in uncertain markets, sharing the cost of large-scale capital investments and injection of entrepreneurial spirits. PARCO’s creation was the outcome of strong fraternal bonds between Pakistan and Abu Dhabi. Its subsequent expansion and development required a combination of strong financial base and commitment of technical and operational excellence, coupled with a reputation for conducting business in a transparent, fair and professional manner. All these are…
The two dedicated cold chain warehousing & distribution (W&D) facilities will cater to B2B and B2C requirements of the pharmaceutical eCommerce platforms from Karachi and Islamabad Maersk Pakistan earlier this week committed to setting up two cold chain W&D facilities in Karachi and Islamabad for TezMedz and Tabiyat.pk. Aruna Hussain, Managing Director, Maersk Pakistan signed an agreement with Asad Khan, CEO & Co- Founder of TezMedz and Tabiyat.pk to establish the cold chain W&D facilities for the healthtech startup in Pakistan. TezMedz and Tabiyat.pk Signs Contract with Maersk for Integrated Cold Chain Solutions The event was attended by Babar Ali…
The China Study Centre (CSC) at the Institute of Business Administration (IBA) Karachi hosted a day-long summit titled, ‘CPEC: Emerging Geopolitical and Geo-Economic Landscape Opportunities and Challenges’ at the IBA City Campus. Attendees included policymakers, opinion builders, academia, media, members of the IBA faculty, staff and students. The aim of the hybrid Summit was to explore and identify the future opportunities and challenges for China, Pakistan and Afghanistan economic, information and trade corridor in the wake of recent developments in the region, specifically the U.S. withdrawal from Afghanistan and the role of the new Afghan government in regional connectivity. Dr.…
The process of Initial Public Offering (IPO) of Interloop Limited at the Pakistan Stock Exchange (PSX), Book Building was completed on March 13 and 14, 2019. It was oversubscribed by 30%, and the Company was able to successfully raise PKR 5.02 billion, the highest ever by a private company in the history of Pakistan, placing Interloop amongst the top 50 companies listed on Pakistan Stock Exchange, by market capitalization. This capital will be used for business expansion by setting up a state of the art Denim Apparel Manufacturing Plant and Hosiery Plant 5. Musadaq Zulqarnain, Chairman and Navid Fazil, CEO…
Cham Wings Airline, a private carrier of Syria, will start its scheduled operations to Karachi from December 15th, 2021. This was announced by Mohsin A Dharsi, Director Commercial of KN Aviation Pvt Ltd, the General Sales Agents (GSA) of Cham Wings Airline in Pakistan. Addressing a gathering of leading travel & cargo agents and the industry at a function in local hotel for introduction of this new carrier Cham Wings Airline in Pakistan, Mohsin said that Cham Wings Airline is scheduled to start online weekly service between Damascus and Karachi from December 15th, 2021, using most efficient French airliners A-320…
Wins best Islamic Stock Exchange Award 2021 In a significant development on a global level, especially in the Islamic world, Pakistan Stock Exchange (PSX) has been awarded the Best Islamic Stock Exchange Award 2021 by Global Islamic Finance Awards (GIFA). GIFA is an internationally respected platform recognizing excellence in banking and finance in the Islamic world. Since 2011, the Awards have been presented to individuals, institutions and government departments globally who have shown outstanding performance in promoting Islamic banking and finance and in terms of commitment to social responsibility. GIFA is the only global Islamic finance awards program covering all…