Business

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Pakistani Currency Rates Show Slight Variation Across Major Currencies

Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan show minor fluctuations in the buying and selling prices for major currencies such as the USD, Euro, and GBP between October 16 and 17, 2024.

Accord...

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Rehan Javed Appointed as KATI Representative in Karachi Chamber to Address Energy Challenges

Karachi: Rehan Javed has been appointed as the representative of the Korangi Association of Trade and Industry (KATI) in the Karachi Chamber of Commerce, a move aimed at addressing the pressing energy issues faced by the city's traders. Javed's appoin...

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Baluchistan Glass Ltd. Reports FY24 Losses and Operational Challenges

Karachi: Baluchistan Glass Ltd. (BGL) faced significant financial challenges in FY24, reporting a loss of PKR 508 million, a sharp increase from the previous year's PKR 135 million. The losses were primarily attributed to an extended eleven-month shut...

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Tariq Glass Industries Reports 74% Surge in FY24 Earnings, No Dividend Issued

Lahore: Tariq Glass Industries Limited (TGL) convened a corporate briefing session today to review its FY24 results and future outlook, revealing a significant 74% year-on-year growth in earnings. Despite this robust performance, the company did not d...

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Two Pakistani Startups Selected for Google’s First AI Academy in Asia-Pacific

Karachi: Two Pakistani startups have been chosen to join Google's inaugural AI Academy for Asia-Pacific, marking a significant step in regional AI development. The startups, AdalFi and Adlytic AI, are part of a select group of 23 from across the regio...

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Zameen.com to Host Premier Real Estate Event in Lahore Featuring Safiya Homes Debut

Lahore: This Sunday, Zameen.com will host a significant Property Sales Event at the Pearl Continental Hotel, introducing a range of investment opportunities in the real estate sector, including the debut of Safiya Homes, a project noted for its sustai...

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HUBC to Manufacture BYD Electric Vehicles in Pakistan, Eyes Global Markets

Karachi: HUBC has announced a strategic partnership through its subsidiary, Mega Motor Company Ltd, with BYD Auto Industry to manufacture and market BYD’s electric vehicles (EVs) in Pakistan. This collaboration is set to bolster HUBC's position in the...

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