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Pakistan International Airlines (PIA) has increased its flights to the UAE, Kuwait and Saudi Arabia in order to improve its performance in the aviation sector, says an official from the airline.PIA has connected more cities to the UAE as it has launche...
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Feed SubscriptionFauji Meat Limited to Be Acquired Soon
Fauji Fertilizer Bin Qasim Limited (FFBL) has announced that the company has been approached by a potential acquirer. The acquirer wants to enter into negotiations with the company for the acquisition of majority voting shares in Fauji Meat Limited (FM...
Read More »IMC Posts a Massive 62.6% Decline in Profits for Q1 2019-20
Toyota Indus Motor Company (IMC), which is one of the most popular car brands in the country has announced its financial results for Q1 2019-20.The company posted a profit of Rs. 1.31 billion, down by 62.60% compared to a profit of Rs. 3.50 billion in ...
Read More »Major Progress Has Been Made on FATF’s Action Plan: SBP Governor
State Bank of Pakistan (SBP) Governor Dr Reza Baqir has said that significant progress has been made between the May-September 2019 period to meet the action plan set by the Financial Action Task Force (FATF).He made the statement while inaugurating a ...
Read More »Pakistani Businessmen Are Interested in Acquiring Reko Diq Mines
A group of Pakistan's top businessmen is reportedly interested in acquiring copper and gold mines in Balochistan.According to the reports, the Balochistan government has already held a meeting with four different companies/conglomerates. The companies ...
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