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  • FAISALABAD: Federal Minister Commerce, Engg. Khurram Dastagir Khan along with officials of Faisalabad Dry Port on his visit yesterday.

  • SIALKOT: British Deputy High Commissioner, Belinda Lewis addressing the businessmen at Sialkot Chamber of Commerce & Industry, President SCCI, Majid Raza Bhutta and members are present on the occasion.

  • KARACHI: Zubair F Tufail, President FPCCI is Presenting FPCCI Crest to Mr. Changhee Lee. Mayor Jinju City (Korea) Mr. Al Hajj Dhani Bukhsh Memon, Mr. Irfan Ahmed Sarwana, Vice Presidents FPCCI Munir Sultan and other also seen in the picture.

Terror wave stops IMF’s visit to Pak


NC Monitoring Desk ISLAMABAD: The International Monetary Fund (IMF) delegation was scheduled to visit Pakistan next week to meet the Pakistani officials in Islamabad on their first visit scheduled, after several years due to improved security in the country, whereas, these talks were previously being held in the UAE. The …

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MCB shares in Orange Tree Carnival for child education


By Commerce Reporter KARACHI: MCB Bank Ltd, Pakistan’s leading private sector bank, participated in the one-day fund raising initiative The Orange Tree Carnival by acclaimed NGO the Orange Tree Foundation, yesterday. MCB Bank placed its mobile ATM at the Carnival to facilitate participants at the venue as event sponsors. The …

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K-Electric initials 25-year Energy Purchase Agreement

KARACHI: K-Electric has initialed a 25-year Energy Purchase Agreement (EPA) for the 50MW solar power project with Oursun Pakistan. The agreement was signed by Dale Sinkler, Chief Generation & Transmission Officer, K-Electric and Nadeem Babar, Chief Executive Officer, Oursun Pakistan during a ceremony held at the KE House. Being developed …

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Faysal Bank, EFU Life Assurance sign agreements

ISLAMABAD: Faysal Bank signed two agreements with EFU Life Assurance Ltd, enabling the bank to offer additional EFU Life Assurance products to its existing and potential customers through its widespread distribution channels, stated a press release. The agreements were signed by Head Retail Banking Faysal Bank Limited Fouad Farrukh and …

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Kraft in swift reversal on Unilever bid

NC Monitoring Desk LONDON: Kraft Heinz rapid retreat from its surprise $143 bn bid for Unilever in the face of stiff resistance from the company and politicians sent shares in the Anglo-Dutch group 8 percent lower yesterday. Kraft, which is backed by Warren Buffett and the private equity firm 3G, …

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China wants end to delay in LNG project

NC Monitoring Desk ISLAMABAD: In a new development, China has sought an end to delay in starting the implementation phase of $1.6 Gwadar-Nawabshah LNG terminal & Pipeline Project (GNGP) which will ensure the supply of 1.2 bcfd RLNG to the country. The Executive Committee of National Economic Council (ECNEC) approved …

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UK will continue to support Pakistani businessmen: Belinda


From Our Correspondent SIALKOT: Belinda Lewis, British Deputy High Commissioner in Karachi-Pakistan, while addressing an important meeting with Sialkot exporters held at Sialkot Chamber of Commerce and Industry (SCCI) here yesterday, said that the UK will continue to support the Pakistani businessmen, SCCI President Majid Raza Bhutta, Dr. Mariyam Nouman …

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KSE-100 plunges 446.59 points, ends below 49,000

KARACHI: Pakistan equities closed the first day of the week in the red on selling in the final one hour of trading that took the KSE-100 below 49,000. After opening positive, the benchmark-100 index nosedived to lose as much as 510 points in intra-day trading as concerns over security and …

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