General Business News

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...

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: In a noteworthy development, the Pakistan Credit Rating Agency (PACRA) has decided to maintain the Insurer Financial Strength (IFS) rating of The United Insurance Company of Pakistan Limited at an impressive AA+. This decision comes on the ...

Karachi: In a remarkable turn of events, the US dollar has surged to a significant high against the Pakistani rupee, reflecting the underlying economic uncertainties gripping the domestic markets. According to the latest figures from the State Bank of...

Karachi: In an unprecedented move, Saudi Arabia's national airline, Saudia, has rolled out Apple’s Share Item Location feature to aid passengers, especially those from Pakistan, in tracking and recovering misplaced or delayed baggage. This innovative ...

Lahore: inDrive, a prominent global mobility service, has declared an ambitious commitment to distribute 15,000 helmets nationwide, marking a significant step towards enhancing road safety in Pakistan. This initiative, launched in partnership with the...

Karachi: In an unprecedented move, Saudi Arabia's national airline, Saudia, has rolled out Apple’s Share Item Location feature to aid passengers, especially those from Pakistan, in tracking and recovering misplaced or delayed baggage. This innovative ...