Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has expressed concern over the State Bank of Pakistan's decision to maintain the interest rate at 11%, stating that it contradicts Prime Minister Mian...
Read More »Pakistan’s Business Leaders Express Disappointment Over Unchanged Policy Rate
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) expressed dissatisfaction with the State Bank of Pakistan's decision to maintain the current policy rate, a move seen as misaligned with the country's economic needs. Ati...
Read More »Engro Fertilizers Posts Significant Profit Growth Amid Rising Sales and Margins
Karachi: Engro Fertilizers Limited (EFERT) has reported a substantial increase in profitability for the second quarter of the calendar year 2025, driven by robust sales and improved margins. The company announced consolidated earnings of PKR 5.6 billi...
Read More »High Interest Rate Sparks Concern Amid Declining Inflation
KARACHI: The President of the SITE Association of Industry, Ahmed Azeem Alvi, has voiced significant concern regarding the State Bank of Pakistan's decision to maintain the policy rate at 11%. According to a statement from Mr. Alvi, the central bank's...
Read More »Systems Limited Expands Global Reach with Strategic Acquisitions
Karachi: Systems Limited (SYS), in a decisive move to enhance its global presence, announced the acquisition of British American Tobacco SAA Services (Private) Limited from British American Tobacco International Holdings (UK) Limited. The acquisition,...
Read More »Fatima Fertilizer Launches ‘Dil Se Sarsabz’ Singing Competition for Independence Day
Karachi: Fatima Fertilizer has introduced a new initiative to celebrate Pakistan's Independence Day with the launch of the 'Dil Se Sarsabz' Milli Naghma singing competition. This nationwide contest is designed to engage the youth, encouraging them to ...
Read More »Meezan Bank Introduces Visa Global eSIM for Seamless International Connectivity
Karachi: Meezan Bank, Pakistan's leading Islamic financial institution, has announced the launch of the Visa Global eSIM for its Visa Infinite Debit Cardholders, marking a significant milestone in digital innovation. This move positions Meezan Bank as...
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