The Organic Meat Company Ltd (TOMCL) has signed a new export contract worth $8.1 million with UAE-based Gold Crest Trading FZE for the supply of frozen boneless beef, expanding its footprint in the Gulf market amid growing demand for Pakistani meat products. In a filing with the Pakistan Stock Exchange on Monday, TOMCL said the beef will be exported for industrial and household processing in th
The World Bank announced on Monday the opening of a new regional hub in Riyadh, to serve the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) region. The Riyadh Hub brings the World Bank’s leadership closer to country teams, clients and regional partners. The MENAAP’s regional Vice President and regional practice directors have relocated to Riyadh, marking a new chapter in the Worl
The Pakistan Stock Exchange (PSX) kicked off trading on a positive note on Tuesday, with the benchmark KSE-100 Index gaining over 700 points during the opening minutes of trading. At 9:35am, the benchmark index was at 158,318.81, an increase of 764.15 points or 0.49%. Buying was observed in key sectors, including automobile, cement, commercial banks, oil and gas exploration, OMCs, and power
Chairman of the Senate Yousaf Raza Gilani has said that the current bilateral trade volume of USD 2.5 billion between Australia and Pakistan has considerable room for expansion. He has also proposed enhanced cooperation between the two countries in agriculture, renewable energy, mineral resources, and information technology. Gilani shared these views in a meeting with outgoing Australian Hig
Pakistan will host a high-profile gathering of international pharmaceutical experts, regulators, and industry leaders at the 8th Pakistan Pharma Summit and the 4th Pharma Export Summit & Awards (PESA 2025) on Tuesday (today). The meeting takes place at a time when Pakistan’s pharmaceutical exports have reached a record USD 457 million in fiscal year 2025, marking a 34 percent growth — the highe