eyes

Gunvor Group eyes investment in Pakistan’s petroleum sector, confirms government D_Trends

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Gunvor Group eyes investment in Pakistan’s petroleum sector, confirms government D_Trends

ISLAMABAD: Gunvor Group, a prominent global commodities trading firm, has expressed strong interest in investing in Pakistan’s petroleum sector, according to an official statement from the Pakistani government. The announcement followed a meeting between Prime Minister Shehbaz Sharif and Gunvor Group Chairman Torbjorn Tornqvist, along with Mehmet Celepoglu, Regional Vice President of TotalEnergies, on Monday. … Read more

Visa eyes 10-fold rise in Pakistani acceptance D_Trends

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Visa eyes 10-fold rise in Pakistani acceptance D_Trends

KARACHI: Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant’s general manager for Pakistan, North Africa and Levant told Reuters. The comments from Leila Serhan came as Visa announced a strategic partnership with 1Link, Pakistan’s largest payment service provider, aimed at streamlining … Read more

Incumbent Tayyab Ikram eyes second term as International Hockey Federation president D Trends

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Incumbent Tayyab Ikram eyes second term as International Hockey Federation president D Trends

Incumbent International Hockey Federation (FIH) President Tayyab Ikram is poised to be re-elected unopposed at the 49th FIH Congress, set to take place in Muscat, Oman on November 9. Born in Lahore, Ikram faced no competition, as no candidates submitted nominations by the deadline. The official announcement will be made on November 9 during the … Read more

Symmetry Group to launch UAE subsidiary, eyes global expansion D_Trends

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Symmetry Group to launch UAE subsidiary, eyes global expansion D_Trends

The Board of Directors of Symmetry Group Limited has approved the formation of a wholly-owned subsidiary in the United Arab Emirates (UAE), according to the company’s recent filing at the Pakistan Stock Exchange (PSX) on Friday. This subsidiary will pave the way for the global launch and scaling of the intellectual properties (products) developed in-house. … Read more

Minister eyes stronger ties with Denmark D_Trends

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Minister eyes stronger ties with Denmark D_Trends

 ISLAMABAD  : Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with Mikko Keto, Global CEO of FLSmidth, a leading global provider of engineering and equipment for the mining and cement industries, on Tuesday. The meeting was also attended by the Danish Ambassador, Jakob Linulf, senior officials from FLSmidth, and the Finance Division, according … Read more

Stock market eyes positive momentum amid lower inflation forecast: report D_Trends

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Stock market eyes positive momentum amid lower inflation forecast: report D_Trends

The Pakistan Stock Market is expected to maintain its positive momentum, driven by an anticipated lower inflation reading for August 2024, the upcoming Monetary Policy Committee (MPC) decision, and developments on the International Monetary Fund (IMF) deal, according to a note by brokerage firm AKD Research. The KSE-100 index displayed signs of weakness earlier in … Read more

Government revises inflation forecast to 9.5%, eyes further decline D_Trends

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Government revises inflation forecast to 9.5%, eyes further decline D_Trends

ISLAMABAD: The federal government has revised its inflation forecast for August to a single digit, setting the stage for potential reductions in the interest rate by the central bank during the upcoming monetary policy meeting. The Finance Ministry, in its monthly economic outlook released on Friday, projected inflation to hover between 9.5% and 10.5% in … Read more

Fauji Foundation eyes Agha Steel acquisition D_Trends

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Fauji Foundation eyes Agha Steel acquisition D_Trends

KARACHI: Fauji Foundation (FF) has expressed interest in acquiring Agha Steel Industries (AGHA) with management control as part of its strategy to diversify its extensive portfolio across multiple sectors, including construction, energy, fertiliser, food, and financial services. Agha Steel informed shareholders through a notification to the Pakistan Stock Exchange (PSX) on Thursday, stating that FF … Read more

‘A Girl With Closed Eyes’ Korean Thriller Picked up for World Sales D trends

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‘A Girl With Closed Eyes’ Korean Thriller Picked up for World Sales D trends

Korean thriller film “A Girl With Closed Eyes,” which will have a market launch at the Toronto International Film Festival, before world premiering in October’s Busan festival, has secured a world sales representative in Finecut. The company is also representing “By the Stream,” the latest project by Korean auteur Hong Sangsoo, which premiered in Locarno … Read more

Venice Competition Title ‘Stranger Eyes’ Unveils Trailer D trends

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Venice Competition Title ‘Stranger Eyes’ Unveils Trailer D trends

The first trailer has been unveiled for Singaporean filmmaker Yeo Siew Hua‘s “Stranger Eyes,” which is in the main competition at the Venice Film Festival. In the film, after the mysterious disappearance of their baby daughter, a young couple receives strange videos and realises someone has been filming their daily life — even their most … Read more