Islamabad: In Afghanistan, at least twenty people were killed and two hundred and sixty injured in an earthquake measuring 6.3-magnitude that struck Mazar-e-Sharif city today. Interim Afghan defence ministry in a statement said that parts of Balkh and...
Read More »Monthly Archives: November 2025
Pakistan and China Emphasize Economic Integration and Cooperation
Islamabad: Pakistan and China have reaffirmed their commitment to advancing economic integration and fostering people-to-people linkages under the framework of China-Pakistan economic collaboration. This commitment was expressed at the third meeting o...
Read More »Kashmiris to Observe Jammu Martyrs’ Day on Thursday
Islamabad: Kashmiris on both sides of the Line of Control and across the world will observe Jammu Martyrs' Day on Thursday to reaffirm their resolve to continue the struggle for their UN-recognized right to self-determination. According to Radio Pak...
Read More »Aik by BankIslami Launches Shariah-Compliant QR Payment Service in Karachi
Karachi: Aik by BankIslami is set to launch a Shariah-compliant QR payment service for local merchants as part of the Go Cashless Economy Drive initiated by Prime Minister Shehbaz Sharif and the State Bank of Pakistan. The activation campaign will tak...
Read More »PACRA Elevates MCB Government Securities Fund’s Rating Amidst Strategic Sovereign Investments
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced an upgrade in the stability rating of the MCB Government Securities Fund, elevating it from AA- to AA. The fund, characterized by its moderate risk profile, is tailored for invest...
Read More »CPEC Phase II: A Shift Toward Economic Self-Sufficiency
KARACHI: Mian Zahid Hussain, a prominent business leader, highlighted the transformative potential of the China-Pakistan Economic Corridor (CPEC) Phase II during a recent address. As the President of the Pakistan Businessmen and Intellectuals Forum an...
Read More »Cherat Cement’s Earnings Surge Despite Sales Decline
Karachi: Cherat Cement Company Ltd. (CHCC) announced record annual earnings for fiscal year 2025, reaching PkR8.7 billion, marking a 58% increase from the previous year's PkR5.5 billion, according to an analyst briefing by AKD Securities Limited. This...
Read More »OGDC Navigates Challenges with Strategic Shifts and Strong Financial Performance
Karachi: The Oil and Gas Development Company (OGDC) presented its first-quarter financial results for fiscal year 2026 in a briefing that revealed a strategic shift towards higher-risk exploration areas and significant improvements in financial collec...
Read More »Pakistan Banks Report Profit Rise Despite Interest Rate Decline
Karachi: Pakistan's listed banks reported a rise in profitability, recording Rs171 billion in the third quarter of 2025, reflecting an 8% increase year-on-year and a 2% rise quarter-on-quarter. The banks achieved these gains despite a decline in in...
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