As a global initiative towards supporting sustainable financing, Standard Chartered facilitated Gul Ahmed textile mills limited by providing a sustainable trade facility for importing and retiring BCI cotton. The Better Cotton Initiative (BCI) is a global not-for-profit organisation and is the largest cotton sustainability programme in the world. They provide training on more sustainable farming practices to more than 2.3 million cotton farmers in 23 countries. To read more about BCI, visit: htt
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#RunwayNews: A massive fire broke out at Gul Ahmed Textile Mills Limited’s warehouse in Karachi, causing significant damage to inventories and fixed assets. The company confirmed the incident in an official statement to the Pakistan Stock Exchange (PSX) on Monday. While the blaze resulted in material losses, Gul Ahmed reassured stakeholders that all affected inventories are fully insured under comprehensive coverage ensuring minimal financial impact. The textile giant is working closely with ins
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