Business

This category covers all news related Business & Finance

Huawei and MTN South Africa Honored with “Sustainability Champion Award” at AfricaCom 2023

Cape Town, Huawei and MTN South Africa were awarded the "Sustainability Champion of the Year" at AfricaCom, the largest annual telecommunications industry event in Africa. The award recognizes their innovative contributions to sustainable solutions in ...

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Huawei and ITU Make Significant Progress in Digital Inclusion and Sustainable Development

Dongguan, Huawei has made significant strides in promoting digital inclusion by bringing connectivity to 90 million people in remote regions across nearly 80 countries. This achievement is part of its commitment to the International Telecommunication U...

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Karachi Business Community Appeals for Reduction in Gas Tariff to Rs1350 per MMBtu

Karachi, The Karachi Chamber of Commerce & Industry (KCCI), along with all seven Industrial Town Associations and Value-Added Textile Associations, has made a strong appeal to the government to reduce the gas tariff to Rs1350 per MMBtu, which is the 10...

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LOADS Faces Financial Challenges in FY23 Amid Auto Sector Decline

Karachi, a prominent player in the auto components industry, held an analyst briefing to discuss its financial results for the fiscal year 2023 (FY23) and its future outlook. The company reported a significant loss of PkR5.23 per share in FY23, compare...

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Pakistan Market: KSE-100 Index Shows Volatility, Expected to Consolidate

Karachi, The KSE-100 index, a key benchmark for the Pakistan stock market, experienced a volatile trading session, closing marginally higher by 15 points at 57,078. Trading volumes were recorded at 718 million shares, a decrease from the 902 million sh...

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Jazz Maintains Strong Investment in Pakistan Despite Economic Headwinds

Islamabad, – Jazz, a leading telecommunications company in Pakistan, reported a 27 percent year-on-year growth in local currency revenues, despite a 3.5 percent decline in USD terms during the third quarter of 2023. This downturn is largely attributed ...

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FPCCI Advocates for Enhanced Transparency and Security in Global Trade

Karachi, Irfan Iqbal Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), emphasized the crucial need for transparency, security, and monitoring in global trade during his keynote speech at the Intern...

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