General Business News

Karachi: Standard Chartered has announced in its latest report that global Islamic finance assets are anticipated to exceed $7.5 trillion by 2028. This projection marks a significant growth of 36% over the next four years, as the sector undergoes expa...

Karachi: TCL has announced a new partnership with AlfaMall to offer 0% markup installment plans for its range of televisions and air conditioners. This initiative allows customers to purchase Smart TVs, 4K UHD TVs, QLED TVs, Mini LED displays, and ene...

Karachi: Bank Al Habib Limited has announced a new promotional offer, "Midweek Makeovers," available exclusively to its customers using AL Habib VISA debit cards. This offer provides cardholders with the opportunity to enjoy discounts on transactions,...

Karachi: The Pakistan Credit Rating Agency (PACRA) has announced the maintenance of the broker fiduciary rating (BFR) for Ismail Iqbal Securities (Pvt.) Limited (IISPL) at BFR 3+ with a stable outlook. This decision reflects the company's strong posit...

Karachi: Cement dispatches in April 2025 saw a significant increase, with total volumes reaching 3.3 million tons, marking a 13% year-on-year rise. The growth was driven by an 8% increase in local dispatches and a substantial 35% jump in exports. The ...

Karachi: The government of Pakistan has provisionally allocated 13 new onshore exploration blocks as part of the Directorate General of Petroleum Concessions (DGPC) Bid Round 2025. This move is expected to revitalize the exploration and production (E ...

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI), led by President Muhammad Jawed Bilwani, has demanded the swift retraction of the Tax Ordinance Amendment 2025, describing it as a regressive move that could further destabilize Pakistan's ...