Tag: Pakistan Stock Exchange

Cloudflare Resolves Brief Dashboard Outage Triggered By Firewall Configuration Change

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Cloudflare restored its dashboard and API services after a brief outage caused by a Web Application Firewall configuration update linked to a React Server Components vulnerability.

Cloudflare Maintenance Triggers Service Disruptions Across Multiple Platforms

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Cloudflare confirms scheduled maintenance at its Chicago datacentre, causing temporary service issues and outages for platforms including DownDetector before recovery.

Systems Limited Plans Potential Acquisition Of IT Services Business After Board Approval

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Systems Limited informs PSX of plans to explore the acquisition of an IT services business, subject to finalising commercial terms, due diligence, agreements and regulatory approvals.

First Dawood Properties Leases Karachi Building to IT Tenants Generating Foreign Currency

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First Dawood Properties Ltd. has fully leased its newly constructed building in Karachi’s Defence Phase-VII Extension to two IT firms serving offshore clients, marking a boost for Pakistan’s technology-driven exports.

Systems Limited Considers Acquisition in IT and IT-Enabled Services Domain

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Systems Limited notifies PSX of its plans to explore a potential acquisition in the IT and IT-enabled services sector, aligned with its digital transformation and regional growth goals.

Chakwal Spinning Mills Limited and Khazana Enterprises Merger Fails; CWSM Shifts Focus to New Technology Venture

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Chakwal Spinning Mills Limited (CWSM) announces the failure of its merger with Khazana Enterprises (KEPL) and shifts focus to technology and cloud computing ventures. The company remains committed to transforming its business strategy and securing funding for new initiatives.

Chakwal Spinning Mills Limited Secures Rs. 7.784 Billion Investment for Data Center and Cloud Operations

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Chakwal Spinning Mills Limited (CLOUD) has signed a term sheet with PNO Capital Limited for a Rs. 7.784 billion investment to launch data center and cloud operations in Pakistan. This initiative aims to tap into the growing IT sector and contribute to the country’s economic development.

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