On 11 October, 1947, while addressing the Civil, Military and Air Force Officers, Quaid-e-Azam Muhammad Ali Jinnah said, “God has given us a grand opportunity to show our worth as architects of a new State; let it not be said that we did not prove equal to the task.” PARCO’s …
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*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. …
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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. …
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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, …
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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 …
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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 …
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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 …
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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 …
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Pakistan in the run of cricket laurels and with fame to a great extend, strongly leading in the fast emerging short format of the game across the world and this time holding of 6th consecutive Twenty20 tourney in the country is the testimony of affection, dedication and attention of Pakistan …
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With IDEMIA’s Global Fintech Accelerator Card Program, the Pakistan-based fintech firm can now effectively scale-up its operations and offer a superior payment experience, powered by state of the art technology. As the world goes digital, payment cards are arguably the last physical touch-point between the bank and its customers. SadaPay’s …
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The fertilizer industry has expressed dismay over a recent decision of the Cabinet Committee on Energy (CCoE) to divert natural gas to pipeline system from Mari Gas Field. It has also asked the government to review the decision to ensure uninterrupted supply of locally produced fertilizer to farmers to enable …
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The story that follows talks of three Pakistani sailors stranded on the Egyptian coast, served with jailed time and how they were supported in a time of dire need, by an Egyptian billionaire. The story goes back two years, when in May 2018, a group of Pakistani sailors set to …
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Pakistan & Gulf Economist Pakistan's Business Financial Magazine