Karachi: Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum and Chairman of the National Business Group Pakistan, has hailed a new U.S. reciprocal tariff framework as a major opportunity for Pakistan's export sector but ...
Read More »Engro Holdings Reports Soaring Earnings, Beats Industry Expectations
Karachi: Engro Holdings (ENGROH) announced a significant increase in its second quarter of 2025 financial results, with earnings per share (EPS) reaching Rs28.0, a 17.4-fold increase year-over-year. The profit attributable to equity owners was Rs33.7 ...
Read More »Fatima Fertilizer Joins Forces to Boost Youth Entrepreneurship in Pakistan
Islamabad: Fatima Fertilizer Company Limited has entered into a strategic partnership with SEED Ventures and King's Trust International to promote youth entrepreneurship in Pakistan through the Enterprise Challenge Pakistan (ECP) program. The partners...
Read More »Rupee Plummets Against Major Currencies, Dollar Nears PKR 284
Islamabad: The Pakistani Rupee continued its downward spiral against major international currencies, with the US dollar nearing the PKR 284 mark in the open market on Saturday. Exchange companies reported the greenback trading between PKR 283.07 and P...
Read More »Engro Holdings Reassesses Strategic Plans Amid Market Challenges
Karachi: Engro Holdings has announced a reassessment of its strategic direction concerning the divestment of its thermal assets, while remaining open to exploring opportunities for the divestment of Engro Powergen Qadirpur Limited (EPQL), according to...
Read More »SECP Defies Auditor General, Challenges Constitutional Audit Framework
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has sparked institutional concern by openly contesting the Auditor General of Pakistan's findings, marking a significant deviation from established norms. This public rebuttal, issue...
Read More »Mobilink Bank Embraces Cloud-Native Future With Temenos Core Banking Upgrade
Islamabad: Mobilink Bank, a prominent digital microfinance institution in Pakistan, has successfully modernized its core banking system, migrating to the latest cloud-native Temenos platform (R23). This enhancement underscores the bank's dedication to...
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