General Business News

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 ...

Karachi: Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Aman Paracha, has called on the government to extend the deadline for filing income tax returns to December 31, 2025. In a statement issued on ...

Karachi: In a groundbreaking move set to transform Pakistan's technological landscape, Zong has launched an innovative suite of Internet of Things (IoT) solutions targeting industrial, agricultural, and urban infrastructure. This strategic initiative ...

Karachi: In a significant development within the Korangi Association of Trade and Industry (KATI), President Junaid Naqi, along with Senior Vice President Ejaz Sheikh and Vice President Tariq Hussain, have resigned due to personal commitments, prompti...