Business

This category covers all news related Business & Finance

PACRA Elevates Platinum Steel Mill’s Rating Amidst Expansion and Growth

Karachi, Platinum Steel Mill (Pvt.) Limited (PSMPL), a state-of-the-art steel manufacturing entity established in 2019 in Port Qasim's industrial sector, has received an upgraded entity rating from The Pakistan Credit Rating Agency Limited (PACRA). Thi...

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5G FWA Emerges as Key to Bridging Broadband Connectivity Gap in Africa

Cape Town, At the Africacom 5G Summit, a significant white paper titled "5G FWA in Africa, Emerging Trends and Opportunities" was released, offering a comprehensive analysis of the development and future potential of 5G Fixed Wireless Access (FWA) serv...

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Emirates Expands A350 Fleet with $6 Billion Order at Dubai Airshow

Dubai, In a significant expansion of its fleet, Emirates airline announced a $6 billion order for 15 additional Airbus A350-900 aircraft at the Dubai Airshow 2023. This new order brings the total number of A350s on Emirates' books to 65, marking a subs...

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Huawei Unveils Paris Innovation Center to Bolster SME Growth in Europe

Paris, Huawei marked its Innovation Day 2023 in Paris with the theme ‘SME Innovation: Unlocking Europe’s Economic Future,’ bringing together European and global innovators to focus on collaborative growth for Small and Medium-sized Enterprises (SMEs). ...

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Mari Petroleum and KUFPEC Join Forces to Enhance Energy Exploration

Islamabad, Mari Petroleum Company Limited (MPCL) has announced a strategic partnership with Kuwait Foreign Petroleum Exploration Company (KUFPEC) through a Memorandum of Understanding (MoU). This collaboration aims to jointly evaluate and bid for selec...

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Emirates Invests Over $1.5 Billion to Enhance A380 Fleet Operations

DUBAI, In a significant move to extend the operational life and efficiency of its A380 fleet, Emirates, the world's leading international airline and the largest A380 operator, has announced investments exceeding USD $1.5 billion. This initiative, unve...

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Pakistan Market Exhibits Mixed Signals, KSE-100 Indicates Consolidation

Islamabad, The Karachi Stock Exchange (KSE-100) index experienced a tumultuous trading session, ultimately closing at 56,666, marking a modest increase of 142 points from the previous day. Trading volumes registered at 524 million shares, a decline fro...

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