Business News

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Ethiopian Ambassador Announces 10-Year Tax Holiday for Pakistani Industrialists in Ethiopia

Karachi, Ethiopian Ambassador Jamal Bakar Abdullah announced that Pakistani industrialists investing in Ethiopia will receive a 10-year tax holiday. This incentive was revealed during his visit to the Korangi Association of Trade and Industry (KATI). ...

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Shell Pakistan Rebounds with Strong Q1 Performance After Previous Losses

Karachi, Shell Pakistan Limited (SPL) has reported a significant turnaround with a profit after tax of PKR 314 million in the first quarter of 2024, a stark contrast to the loss of PKR 4,762 million in the same period last year. The company’s latest fi...

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Chinese Investors Eye Pakistani Fishing Industry for Expansion

Islamabad, The Pakistani fishing industry has emerged as a significant point of interest for Chinese investors, as per recent discussions at the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). The industry's potential for growth was hig...

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Justice Khilji Advocates for Arbitration and Mediation to Resolve Business Disputes in Pakistan

Karachi, Justice (Retd.) Arif Hussain Khilji, Managing Director of Musaliha International Center for Arbitration and Dispute Resolution (MICADR), has urged the Pakistani business community to adopt arbitration and mediation services to resolve disputes...

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Dubai to Host 31st Arabian Travel Market Showcasing Innovation in Tourism

Karachi, The Dubai Department of Economy and Tourism (DET) is set to present the city's innovative tourism strategies at the 31st edition of the Arabian Travel Market (ATM), scheduled from May 6 to May 9, 2024, at the Dubai World Trade Centre.According...

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VIS Withdraws Entity Ratings of Chiniot Textile Mills Limited

Karachi, VIS Credit Rating Company Limited (VIS) has announced the withdrawal of the entity ratings assigned to Chiniot Textile Mills Limited (CTML) with immediate effect due to the non-renewal of the rating contract. The previous rating action was di...

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