Karachi: The Korangi Association of Trade and Industry (KATI) has expressed optimism about Prime Minister Shehbaz Sharif's official visit to Turkiye. Junaid Naqi, the president of KATI, described the visit as a significant step toward enhancing econom...

Karachi: International Steel Ltd (ISL) reported a significant decline in its third-quarter earnings for fiscal year 2025, largely due to reduced flat steel prices and lower gross margins. The company announced a net profit after tax (NPAT) of PkR417 m...

Beijing: China will select and train two astronauts belonging to Pakistan for the first time for upcoming space missions. According to Radio Pakistan, Lin Xiqiang, China and Pakistan are conducting astronaut selection in Pakistan. He said the initi...

Karachi: VIS Credit Rating Company Limited has reaffirmed the medium to long-term Sukuk ratings of Sitara Chemical Industries Limited (SCIL) at 'AA-' (Double A Minus). This rating indicates high credit quality with strong protection factors, though ri...

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Tower Power (Private) Limited (TPL) at 'A-/A2'. These ratings reflect a good credit quality with adequate protection factors and a stable outlook, according to a pre...

Karachi: Lucky Cement Ltd (LUCK), Pioneer Cement Ltd (PIOC), and Attock Cement Pakistan Ltd (ACPL) are expected to report varying earnings performances for the third quarter of fiscal year 2025, according to projections from JS Global. LUCK is antic...

Islamabad: The Federal Government has announced that no new canals will be constructed without achieving mutual understanding from the Council of Common Interests (CCI). This decision was unveiled by Prime Minister Shehbaz Sharif during a meeting with...

Washington: Minister for Finance, Muhammad Aurangzeb, has met with the United Arab Emirates Minister of State for Financial Affairs, Mohamed Bin Hadi Al Hussaini, Saudi Minister of Finance, Mohammed Aljadaan, and President Global Policy and Advocacy o...

Islamabad: Pakistan has vehemently rejected the Indian announcement to hold the Indus Waters Treaty in abeyance. A decision to this effect was taken at a meeting of the National Security Committee, held in Islamabad today with Prime Minister Shehbaz S...