Karachi gateway terminal business community shocked at three-fold increase in charges
Mr. Saquib Fayyaz Magoon, SVP FPCCI, has apprised that the business, industry and trade community is in the state of shock and disbelief at three-fold increase in container terminal charges since Karachi Gateway Terminal Limited (KGTL) has taken over the management of container terminal at Karachi Port’s East Wharf. Previously, charges were PKR. 150 per metric ton and they have been raised to PKR. 480 per metric ton, he added.
Editor
OGDCL earns Rs.123.296 billion profit in first half of FY 2023-24
Oil and Gas Development Company Limited (OGDCL) announced the financial results for the first half of the current fiscal year ended on December 31, 2023 (July-December), posting a profit of Rs123.296 billion.
Mehfooz
Vibe Hai – ROX by Jazz New Lifestyle Partner of Pakistan’s Digital-First Generation
Jazz, Pakistan’s leading digital operator, brings ROX, an exciting new digital sub-brand tailored to serve as the all-encompassing lifestyle partner of the nation’s digital-first generation.
Adil Aziz
Telenor Pakistan, EFU Life enhance customer protection with innovative insurance bundles
Telenor Pakistan and EFU Life have entered into a strategic partnership to introduce innovative life and health insurance solutions to the Telenor customer base.
Easypaisa partners with Bank Alfalah for International Remittances
Bank Alfalah and easypaisa announced a partnership on Monday to facilitate their customers nationwide in conveniently collecting international remittances into their mobile wallets.
Engro revenues show robust growth of 35% in 2023
Engro Corporation experienced robust growth in revenue in 2023, with a remarkable 35% increase, reaching Rs. 482 billion on a consolidated basis.
Pakistan, UAE sign MoU for promotion of date palm cultivation
Pakistan and the United Arab Emirates (UAE) signed a Memorandum of Understanding here aimed at boosting agricultural innovation and research related to the development and promotion of various aspects of date palm cultivation and the allied industry.
Jazz, EFU life introduce Takaful to broaden financial inclusion
Jazz, Pakistan’s leading digital operator has collaborated with EFU Life Assurance Ltd., the nation’s premier insurance company to introduce the industry’s first Takaful (Shariah-complaint) offering for its subscribers.
Jubilee Life Insurance and SEED Ventures Host Enterprise Challenge Pakistan Fundraising Event
Jubilee Life Insurance, the country’s largest private sector insurance company hosted a fundraising dinner for the Enterprise Challenge Pakistan (ECP), a national entrepreneurship competition for 14 – 18-year-old students, with distinguished guests in attendance including Her Excellency Ms Sarah Mooney – British Deputy High Commissioner, Mr Will Straw, CEO Prince’s Trust International, Mr Syed Usman Qaiser, Head of Marketing and Brand Management, Jubilee Life Insurance, Ms. Shaista and Ms. Maha Salman from SEED Ventures as well as other organizations at the British Deputy High Commission, Karachi.
Mobilink Bank witnesses 72% revenue growth
Mobilink Bank achieved multiple financial milestones in 2023, solidifying its position in the banking industry. With a revenue of PKR 41,053 million, representing 72% growth from the previous year, the Bank’s performance underscores its commitment to excellence and innovation, particularly in its support for women and Small and medium-sized enterprises (SMEs).