Attock Cement’s parent company is considering a potential sale as it “reassesses long-term strategic options”. – Trendy Blogger

Attock Cement’s parent company is considering a potential sale as it “reassesses long-term strategic options”.

 – Trendy Blogger

The parent company of Attock Cement Pakistan Limited (ACPL), Pharaoh Investment Group Limited (Holdings) SAL, is exploring strategic options, including the potential sale of its investments in the cement sector in Pakistan. This development was disclosed by ACPL in a notification to the Pakistan Stock Exchange (PSX) on Wednesday. ACPL said in its letter to … Read more

Chinese Instagram-like company Xiaohongshu is expanding e-commerce with more than 300 million users – Trendy Blogger

Chinese Instagram-like company Xiaohongshu is expanding e-commerce with more than 300 million users

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Known as “Little Red Book,” Xiao Hongshu (sau.hong.shoo) is leveraging its Instagram-like platform to expand its e-commerce presence, targeting urban Chinese women with influencer-led sales. With more than 300 million users and a valuation of $17 billion after a funding round in July, the platform combines social media with curated shopping experiences, making it a … Read more

A Chinese company invests $350 million to establish 3,000 charging stations for electric cars in Pakistan – Trendy Blogger

A Chinese company invests 0 million to establish 3,000 charging stations for electric cars in Pakistan

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The Pakistani government has signed a partnership agreement with a leading Chinese company to invest $350 million in establishing up to 3,000 electric vehicle charging stations across the country, with the aim of promoting electric mobility and reducing dependence on fuel imports, according to Bloomberg News. Media reports. Malik Khuda Bakhsh, Chairman of the Standing … Read more

City Pharma and Martin Dow collaborate with a Chinese company to revolutionize the biotechnology sector in Pakistan – Trendy Blogger

City Pharma and Martin Dow collaborate with a Chinese company to revolutionize the biotechnology sector in Pakistan

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Islamabad: Pakistan’s Citi Pharma Limited (CPHL) and Martin Dow have partnered with Chinese pharmaceutical company Kingbo Pharmatec to develop biotechnology and biomanufacturing. The collaboration has been formalized through a Memorandum of Understanding (MoU), as revealed by CPHL in its notification to the Pakistan Stock Exchange (PSX) on Tuesday. “This partnership seeks to reduce Pakistan’s dependence … Read more

Ghandhara Tire Company signs a memorandum of understanding with a Chinese company for a joint project – Trendy Blogger

Ghandhara Tire Company signs a memorandum of understanding with a Chinese company for a joint project

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Gandhara Tire and Rubber Co., Ltd. has signed a non-binding memorandum of understanding with Shandong Huashing Rubber Co., Ltd. (SHRC), a prominent Chinese technology provider in the tire industry, according to a stock filing on Tuesday. The MoU marks the beginning of efforts to explore a joint venture to manufacture and export tires from Pakistan. … Read more

A year after the Regent Plaza was sold to SIUT, the hotel’s parent company pulled out of PSX – Trendy Blogger

A year after the Regent Plaza was sold to SIUT, the hotel’s parent company pulled out of PSX

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More than a year after the Regent Plaza Hotel was sold to the Sindh Urology and Transplant Institute, its parent company, the Pakistan Hotel Development Corporation, has withdrawn from the Pakistan Stock Exchange. Other than a few properties that were essentially unused, PHDL’s main asset was the Regent Plaza Hotel, which was a long way … Read more

UAE President launches investment company XRG as ADNOC commits $54 billion to the local economy – Trendy Blogger

UAE President launches investment company XRG as ADNOC commits  billion to the local economy

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Dubai: The UAE has revealed an important step towards economic diversification and sustainability with the launch of XRG, an investment company focused on low-carbon energy and chemicals. This was announced by UAE President Sheikh Mohammed bin Zayed Al Nahyan, on Wednesday, according to the Emirates News Agency (WAM). XRG is preparing to play a pivotal … Read more

Mughal Energy Company Limited announces the issuance of Sukuk worth INR 2.5 billion – Trendy Blogger

Mughal Energy Company Limited announces the issuance of Sukuk worth INR 2.5 billion

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Islamabad: Mughal Energy Company Limited announced plans to issue sukuks worth 2.5 billion rupees, after its board of directors approved amending the terms and structure of the issuance. The company disclosed this development to the Pakistan Stock Exchange (PSX) on Monday. According to the notice, the sukuk will be offered to the company’s existing shareholders … Read more

Judith Jamison, dancer and artistic director of the Alvin Ailey Company, has died at the age of 81. trendy blogger

Judith Jamison, dancer and artistic director of the Alvin Ailey Company, has died at the age of 81.

 trendy blogger

Whitney Museum exhibition celebrates the life of choreographer Alvin Ailey Whitney Museum exhibition celebrates the life of choreographer Alvin Ailey 02:38 New York — Judith Jamison, world-famous dancer who later worked as a dancer Artistic Director of the Alvin Ailey American Dance Theater for two decadesHe died. She was 81 years old. Ailey’s spokesman, Christopher … Read more

A fake company evades Rs 14 billion in taxes through fake transactions – Trendy Blogger

A fake company evades Rs 14 billion in taxes through fake transactions

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A policeman walks in front of the Federal Board of Revenue (FBR) office building in Islamabad, on August 29, 2018. — Reuters FTO finds blatant case of organized tax fraud Fake transactions worth Rs 84 billion were made. Taxes worth Rs 14 billion were evaded in just a few months. ISLAMABAD: A glaring example of … Read more