Pak-Qatar Family Takaful Signs MoU with EasyInsurance
KARACHI: Pak-Qatar Family Takaful Limited (PQFTL) came into an agreement with EasyInsurance at a signing ceremony held in Karachi. The agreement will allow EasyInsurance to...
Walmart has releases it’s 2020 Culture, Diversity, Equity & Inclusion Report
Walmart (NYSE: WMT) has released it’s 2020 Culture, Diversity, Equity & Inclusion Report detailing progress to create greater racial equity across society and in the company....
dnata enhances global leadership team with key appointments
DUBAI: dnata, one of the world’s largest air and travel services providers, has enhanced its global leadership team, announcing key senior management appointments. The new...
Amazon Inc. invests on U.S. lawmakers; faces demands to disclose plastic footprints
Amazon Inc. is under fire with reports appearing the tech and retail giant spent $4.8 million on U.S. lawmakers to cover anticompetitive practices amid demands...
Plus500 Ltd to acquire Cunningham Commodities and Cunningham Trading Systems
LONDON: Plus500 Ltd has conditionally agreed to acquire all of the membership interests of Cunningham Commodities LLC., a regulated Futures Commission Merchant (FCM), and Cunningham...
Pakistan textile exports surge by 30% YoY in March
During Mar-2021, textile exports increased by 30% YoY to US$1.36bn, compared to US$1.04bn in the same month last year. Growth during the month was essentially...
Facebook to launch new business discovery process
NEW YORK: Facebook will enable stories scheduling for both Facebook and Instagram, along with a new business discovery process from the News Feed. “People already...
Pakistan’s Large-scale manufacturing (LSM) grows by 4.85% YoY in February
Large-scale manufacturing (LSM) continued on a positive trajectory in February, with 4.85% growth compared to the same month last year. Cumulatively speaking, 8MFY21 LSM growth...
IMF’s World Economic Outlook – Apr’21
The International Monetary Fund (IMF), in its World Economic Outlook (WEO) 2021 report, expects a strong rebound in the global economic growth in 2021 as...
Pakistan Oil Sales up 16% in 9MFY21
OCAC released the sales volumes for OMCs for 9MFY21. During the period, collective sales were recorded at 14.2mn MT up by (+16%/YoY) on the back...
Pakistan Headline inflation averages at 8.3% YoY during 9MFY21
CPI inflation recorded at 9.05% YoY in Mar’21 For the month of Mar’21, headline inflation as measured by CPI clocked-in at 9.05% YoY, taking the...
Pakistan to float USD denominated Eurobonds
§ Pakistan is all set to float USD denominated Eurobonds in the international market, under the Global Medium Term Note Programme. After a hiatus of...