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tech startups

Pakistan’s Abhi secures $15mn in credit financing to expand financial inclusion in UAE

DUBAI: Pakistan’s fintech Abhi has secured $15 million in credit financing led by Shorooq Partners and Amplify...

Updated 16 Oct, 2024 06:56pm

BR Research

Startups funding reviving?

After the boom in venture capital (VC) funding, the local startup scene entered a “funding winter,” with 2023 being...

Published 08 Oct, 2024 09:01am

Markets

Delivery startup Krave Mart sees change in buying behaviour amid inflation spike

Pakistanis are opting for cheaper brands, be it cooking oil, hand wash, or soaps, as inflation has caused...

Updated 03 Feb, 2024 08:44pm

Technology

Pakistan Startup Fund to start receiving applications from March: Dr Umar Saif

The Pakistan Startup Fund (PSF), launched to facilitate startup investment, will commence accepting funding...

Published 31 Jan, 2024 03:00pm

Technology

Dubai’s efforts to boost tech startups ‘exhilarating’, says Pakistani AI firm founder

Not many can say they have had the chance to demonstrate their work to His Highness Sheikh Hamdan bin Mohammed bin...

Updated 19 Jan, 2024 10:08am

Technology

‘Asset-light’: startup Jugnu, after raising $22.5mn in 2022, scales back operations

Jugnu, which pitched itself as a B2B ecommerce startup and announced a fund-raise of $22.5 million in March 2022,...

Updated 19 Jul, 2023 07:37pm

Technology

After raising $11.5mn last year, MedznMore says it has shut operations

Co-founder says company in talks 'with a few large players who have shown interest in buying its technology and brand, Tabiyat.pk'

Updated 15 Jul, 2023 05:19pm

Business & Finance

‘Pakistan needs to adopt global approach towards building startups’

ISLAMABAD: Pakistan needs to adopt a global approach towards building startups and training founders in the global...

Published 11 Jul, 2023 06:08am

Technology

Modern facility for tech startups launched

KARACHI: Founders 2.0; a new co-working space has launched its first facility in Karachi, adding another 144 seats ...

Published 22 Feb, 2023 03:30am

Technology

Bykea announces venturing into car ride-hailing

Posts new product offering in social media post on Friday

Published 26 Aug, 2022 08:01pm

Technology

Play Tests not T20s in business, IT sector stalwarts advise startups

KARACHI: IT sector stalwarts have advised startup founders to play the long game and avoid going for the quick buck,...

Published 24 Aug, 2022 09:17pm

Technology

Linkst.ar announces pre-seed funding at $5mn valuation

Linkst.ar, an AI-powered web space that allows freelancers and influencers to sell Direct-to-consumer (D2C) ...

Published 19 Jul, 2022 04:37pm

Technology

A changing environment for Dubai's transport startup Swvl

DUBAI: Higher oil prices have helped Dubai-based transport startup Swvl attract customers as people in its bigger...

Published 19 Jul, 2022 04:10pm

Technology

Posterchild of Pakistan's startups: Airlift announces complete shutdown

Company says it will ensure all of its employees are 'sufficiently protected' with two months of payroll, setting up platform for job placement, and creating support systems for aspiring entrepreneurs

Published 13 Jul, 2022 02:08am

Perspectives

Airlift: trouble in startup paradise?

Airlift Technologies, the startup that in August 2021 raised a whopping $85 million in a fundraising round, last ...

Updated 30 May, 2022 03:43pm

Business & Finance

Why do startups like setting up shop in Dubai?

Businesses thrive in Dubai, which would explain why it was just announced that more than 3,000 new member companies...

Updated 27 May, 2022 04:15pm

Pakistan

BankIslami sponsors Future Fest 2022

KARACHI: BankIslami sponsored Future Fest 2022 held in Islamabad from 13 May to 15 May, 2022. Spanning three days,...

Published 19 May, 2022 05:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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