General Business News

Karachi: Wafi Energy Pakistan Limited, the exclusive licensee of Shell fuel and lubricants in Pakistan, has officially confirmed Zubair Shaikh's continuation as Chief Executive Officer. With an extensive background spanning over 19 years in the energy...

Karachi: In a recent earnings preview, Cherat Cement Company Ltd (CHCC) and Kohat Cement Ltd (KOHC) are projected to report strong financial gains for the fourth quarter of the fiscal year 2025. Analysts from JS Global anticipate earnings per share of...

Karachi: Meezan Bank, the leading Islamic bank in Pakistan, has announced the launch of Visa's Global eSIM for its Visa Infinite Debit Cardholders, marking a first for the country's banking sector. This digital initiative aims to streamline internatio...

Karachi: Mian Zahid Hussain, a prominent figure in Pakistan's business community, has called on the State Bank of Pakistan to reduce the policy interest rate to six percent. He warned that the current 11 percent rate poses significant challenges to in...

Karachi: Fauji Fertilizer Company Ltd. (FFC) has reported a significant rise in its second-quarter earnings for the calendar year 2025, exceeding market expectations with a notable increase in other income. The company disclosed standalone earnings of...

Karachi: A high-profile trade delegation from Kyrgyzstan visited Pakistan, aiming to bolster economic cooperation and explore new trade opportunities. The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hosted the Pakistan-Kyrgyzstan ...

STOCKHOLM: Spotify has unveiled its second quarter earnings for 2025, showcasing notable growth in both subscribers and monthly active users. The company's latest financial report reveals a 12% year-over-year increase in subscribers, reaching 276 mill...