National Incubation Centre Lahore at LUMS holds Investor Summit
for its 9th Cohort of Entrepreneurs
The National Incubation Centre Lahore (NICL) at LUMS held its capstone event – the Investor Summit, which brought together its 9th Cohort of change-driven start-ups, pitching their ventures in Agritech, Cleantech, Edtech, Healthtech, and Fintech to seasoned investors and start-up founders in Pakistan. The Investor Summit is the culmination of a 6-month long Foundation Programme…
Adil Aziz
“Transparency in Real Estate will be lucrative for FDI,” says Jawad Nayyar, CEO of daoproptech.com
Pakistan’s real estate sector has come a long way in the past few decades. From a largely unorganized and unregulated industry, it has not only increased in magnitude but has become more resilient to changing economic circumstances. Today, real estate is one of the most significant investment avenues for the nation. It also employs one…
PTCL Group and Akhuwat collaborate to provide food assistance to affected families in Balochistan
PTCL Group and Akhuwat Foundation collaborated to provide food assistance to flood affected families in five districts of Balochistan, including Qilla Saifullah, Loralai, Sibi, Lasbela and Lasbela (Uthal). President and Group CEO, PTCL & Ufone, Hatem Bamatraf presented a cheque to Dr. Amjad Saqib, Founder and Chairman Akhuwat Foundation in Lahore. Speaking at the ceremony,…
Workers’ remittances up by 7.9% to $2.7 Billion in August
The overseas workers’ remittances recorded an inflow of US$2.7 billion during August 2022, posting an increase of 7.9% when compared to the previous month’s inflow of $2.53 billion. On year-on-year basis, the remittances also witnessed an increase of 1.5% when compared to the inflow of $2.68 billion recorded in August 2021. On average, the remittances…
Finnish delegation discuss prospects of investment in Pakistan
Prime Minister Shehbaz Sharif Monday here held a meeting with a delegation of companies from Finland led by honorary Consul General Wille Eerola and discussed ways of cooperation in sectors of economy and trade. The representatives of Finland Pakistan Business Council and companies of Finland Biowoima, GA and Metro, Valmet Technologies, Wartsila Corporation and TPL…
SECP registers 2,362 new companies in August 2022
The Securities and Exchange Commission of Pakistan (SECP) registered 2,362 new companies in August 2022, raising the total number of registered companies to 176,329. This shows an increase of 16% as compared to corresponding period last year. Total capitalization (paid-up-capital) with regard to newly incorporated companies for the current month stood at Rs4.9 billion. Foreign…
Federal IT Minister inaugurates National Incubation Center in Hyderabad
The Ministry for Information Technology and Telecom (MOITT), and Ignite National Technology Fund launched their 6th National Incubation Center (NIC) in Hyderabad and the Federal Minister for IT & Telecom Syed Amin-Ul-Haque, inaugurated the state-of-the-art Incubation Center. NIC Hyderabad will tap into the entrepreneurial potential of the young people in the city by providing them…
Pakistan has potential to generate 3,408,000 MW
Pakistan has huge potential to generate 3,408,000 MW electricity from indigenous resources, including hydro, wind, solar, bagasse and coal. The estimated potential from hydro stood at 60,000 MW, wind 346,000 MW, solar 2,900,000 MW, bagasse 2,000 MW and coal 100,000 MW. They said hydro resources were mainly located in the northern parts of the country,…
TPL Trakker & Krave Mart to transform Online Grocery Shopping via Digital Mapping Services
TPL Trakker – Pakistan’s leading IoT, Tracking and Location Technology Company, has partnered with Krave Mart, one of the up and coming, most promising brands in the country, to enable their Q-commerce platform through robust location-based mapping services for delivery. TPL Trakker through its multiple Map’s APIs that are powered by more than 6 million…
ZTBL contributes 10 percent of its net income to flood victims
The Zarai Taraqiati Bank Limited (ZTBL) on Friday contributed 10 percent of its net profit for the rehabilitation of flood victims as the bank registered Rs 514 million after tax profit. President ZTBL Muhammad Shahbaz Jameel handed over the cheque to Finance Minister Miftah Ismail and further assured extending all possible support for reviving agriculture…