General Business News

Karachi: Mari Energies Ltd (MARI) reported its financial results for the third quarter of fiscal year 2025, revealing a net profit of PkR15.9 billion, equating to an earnings per share (EPS) of PkR13.25. This figure represents a 13 percent increase ye...

Karachi: Fatima Fertilizer Company Ltd. (FATIMA) released its financial results for the first quarter of 2025, demonstrating steady profitability despite facing challenges from reduced revenue and margin pressures. The company reported consolidated ea...

KARACHI: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has raised concerns about the increasing difficulties faced by taxpayers due to the complexities of the newly introduced Annexes H1 and J, along with technical issues related to Un...

Lahore: The Chairman of the National Accountability Bureau (NAB), Lt. General (R) Nazir Ahmed Butt, inaugurated a new NAB Facilitation Desk at the Lahore Chamber of Commerce and Industry (LCCI), pledging support for the business community and highligh...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Kamal Limited at 'A/A1', indicating good credit quality and a strong likelihood of timely repayment of short-term obligations. The outlook for these ratings remains stable...

Toulouse: Saudia Group has finalized a significant agreement with Airbus to acquire up to 20 new A330neo wide-body aircraft, a move poised to enhance air connectivity and economic ties with Pakistan. The agreement includes 10 firm orders for flyadeal,...

Karachi: The Exchange Companies Association of Pakistan reported on April 24, 2025, that the U.S. dollar and euro saw modest increases in the open market exchange rates. According to the association's data, the U.S. dollar closed at a buying rate of 2...