Lahore, July 29, 2016 (PPI-OT):Huawei Consumer Business Group announced today its 2016 half year financial results: Sales revenue in the first half of 2016 increased by 41% year-on-year to USD $11.6 billion. Smartphone shipments stood at 60.56 million, a year-on-year increase of 25%. According to IDC, global smartphone shipments in the first half of 2016 ...

Karachi, July 29, 2016 (PPI-OT):Chinese automobile manufacturing companies have expressed keen interest in assembling and manufacturing of the vehicles in Sindh and a delegation of Chinese companies will be taken for a visit to Bin Qasim Special Economic Zone in next few days.This was decided in a meeting chaired by Chairperson, Sindh Board of Investment ...

Karachi, July 29, 2016 (PPI-OT):Trade Development Authority of Pakistan (TDAP) organized visit of Agro Food Trade delegation to Qatar from 27-30th July 2016. On the occasion, the Embassy of Pakistan, Doha arranged Pakistani food festival in Intercontinental Hotel, Doha, Qatar on 27th July, 2016. The event was attended by diplomats from more than 60 countries, ...

Islamabad, July 29, 2016 (PPI-OT):Minister for Commerce, Engr. Khurram Dastagir Khan will represent Pakistan in the 12th World Islamic Economic Forum to be held in Jakarta, Indonesia from 2nd till 4th August 2016. The Prime Minister has nominated Mr. Dastagir to participate in the Forum on his behalf and present the overview on economic conditions ...

Islamabad, July 29, 2016 (PPI-OT):The High Commissioner of Pakistan said that the government of Pakistan is committed to human capital development and promotion of entrepreneurship in Sri Lanka, says a press release received here today from Sri Lanka. The High Commissioner said this while speaking on the inauguration ceremony of a fully equipped IT Lab ...

Karachi, Faran Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on July 28, 2016. The agenda of the meeting was discussion of profit and loss account for nine months period and quarter ended June 30, 2016 which portrayed a profit of Rs. 326,407,415 and Rs. 87,678,574 with earnings per share 13.05 and 3.51 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Faran Sugar Mills Limited is a company incorporated in Pakistan on November 03, 1981 as a Public Limited Company. The foundations of the company are laid under the principals of the Companies Ordinance, 1984. The principal business of the company is to manufacture and sale white sugar. The stocks of the company are quoted on the Karachi and Lahore Stock Exchange of Pakistan. The mill of the company is located at Hyderabad Sindh and the registered office of the company is situated at Karachi. The symbol “FRSM” is being used by the stock exchange for the shares of Faran Sugar Mills Limited.

Karachi, Pakistan Stock Exchange informed that 401 shares have been reported lost/misplaced by the shareholder of Habib Insurance Company Limited, as notified by the Registrar companies. If the registrars do not receive any objection within 21 days of this notice, duplicate share certificates will be issued. Habib Insurance Company Limited was incorporated in Pakistan as a public limited company in the year 1942. The foundations of the company have been laid using the Companies Act, 1913 now referred to as the Companies Ordinance, 1984. The company is engaged in the business of general insurance. The registered office of the company is located in Karachi. The stocks are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The services offered by the company in the form of products include fire, marine, engineering and miscellaneous products. Atmospheric disturbance, malicious damage, personal accidents and health insurance are also the risk covered by the company. The associate companies of HICL include AL Habib Capital Markets Private Limited, AL Habib Financial Services Limited, Bank Al-Habib Limited, Habib & Sons Private Limited, Habib Asset Management Limited, Habib Metropolitan Bank Limited, Habib Motor Company Private Limited, Habib Sugar Mills Limited, House of Habib Private Limited, Indus Motor Company Limited, Karachi Mercantile Co. Private Limited, Makro Habib Private Limited, Noble Computers Services Private Limited, Proline Private Limited, Proline Wovens Private Limited, Shabbir Tiles & Ceramics Limited and Thal Limited. The symbol “HICL” is being used by the stock exchange for the shares of Habib Insurance Company Limited.