General Business News

Islamabad: In a stark revelation, Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has highlighted a troubling increase in poverty, as reported by The World Bank. The report points to policy failures and the breakdown of an uns...

Karachi: Muhammad Ikram Rajput has officially stepped into his role as the new President of the Korangi Association of Trade and Industry (KATI), joined by Senior Vice President Zahid Hameed and Vice President Muhammad Talha. In his inaugural address,...

Karachi: The currency market in Pakistan witnessed a notable surge as the US Dollar soared to unprecedented levels in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP). As of Septembe...

Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...

Islamabad: The cement industry in Pakistan has achieved unprecedented profitability as the financial year 2025 closed, buoyed by strong margins and decreased financial burdens. This remarkable performance is underscored by a 7% year-on-year growth in ...

Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...

Karachi: In a landmark move set to redefine Pakistan's research landscape, Descon Oxychem Ltd. (DOL) has inked a pivotal agreement with the Lahore University of Management Sciences (LUMS) to spearhead a fully funded research and development initiative...