KARACHI: Mari Energies Ltd, a key player in Pakistan's energy sector, reported a 7% decline in net sales for the first nine months of fiscal year 2025, reaching PkR132.3 billion. The downturn is attributed to reduced production levels and decreased we...
Read More »Monthly Archives: July 2025
Sami Wahid Takes Helm as General Manager for Coca-Cola Pakistan and Afghanistan
Islamabad: Mr. Sami Wahid has been appointed as the General Manager for the Pakistan and Afghanistan Region of the Eurasia and Middle East Operation Unit at The Coca-Cola Company. With nearly 20 years of experience in marketing, sales, strategy, and m...
Read More »Inclusion of Exchange Companies in Pakistan Remittance Initiative Poised to Boost Economy
Karachi: The chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has commended the government's decision to incorporate exchange companies into the Pakistan Remittance Initiative (PRI), predicting substantial econ...
Read More »Gul Ahmed Textiles Shifts Focus Amid Rising Costs and Sustainability Goals
Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in ...
Read More »Gas and Petroleum Price Hike Threatens Pakistan’s Export Growth
Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Amaan Pracha, has raised concerns over the government's recent increase in gas and petroleum prices, warning that it will adversely affect the country...
Read More »Gul Ahmed Textiles Shifts Focus Amid Rising Costs and Sustainability Goals
Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in ...
Read More »KATI Seeks Three-Month Extension on Sales Tax E-Invoicing Deadline
Karachi: The Korangi Association of Trade and Industry (KATI) is urging the Federal Board of Revenue (FBR) to extend the deadline for mandatory sales tax e-invoicing by three months, citing concerns over unpreparedness within the business community. J...
Read More »PSX Surpasses Psychological Barrier of 127,000 Points
Islamabad: Pakistan Stock Exchange achieved another milestone on Tuesday and surpassed the psychological barrier of one lac twenty-seven thousand points during the trading. According to Radio Pakistan, the hundred index that closed at one lac twenty-...
Read More »Shehbaz Sharif Hails PSX Surge as Proof of Economic Stability
Islamabad: Prime Minister Muhammad Shehbaz Sharif has expressed satisfaction over Pakistan Stock Exchange (PSX) 100 Index crossing a record high of 127,000 points on the first day of the new fiscal year. In a statement, he said the new fiscal year has...
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