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Karachi: Baluchistan Glass Ltd. (BGL) announced an increased loss for the fiscal year 2025, with the company citing prolonged production shutdowns, rising raw material and energy costs, and higher financing expenses as key factors impacting its financ...

Islamabad: Pakistan and the International Monetary Fund have reached a staff level agreement for the second review under the Extended Fund Facility, alongside the first review of the Resilience and Sustainability Facility. The agreement, finalized on ...

LAHORE: Mughal Iron and Steel Industries Limited has successfully maintained its entity ratings, demonstrating resilience amidst challenges in the steel sector and benefiting from macroeconomic improvements. Despite the pressures of high operational c...

KARACHI: The State Bank of Pakistan released updated exchange rates, reflecting ongoing fluctuations in the currency market. As of the latest report, the Pakistani rupee continues to experience pressures against major global currencies. The data fro...

Karachi: Dubai Islamic Bank Pakistan Limited (DIBPL) has teamed up with Fauree Tech (Pvt.) Ltd. to introduce Pakistan's first multi-product, fully Shariah-compliant Digital Supply Chain Finance (DSCF) platform. The platform aims to provide rapid and t...

Karachi: Engro Fertilizers reported a mixed set of financial results for the third quarter of 2025, revealing a 32% year-on-year decline in earnings per share (EPS) to Rs4.35. The company also declared a cash dividend of Rs4.50 per share, which fell s...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Financial Sector Fund, underscoring the fund's robust strategy and strong liquidity profile. The fund, which carries a moderate-risk profile, is d...