General Business News

Karachi: Engro Fertilizers Limited (EFERT) has announced a substantial decline in its financial performance for the first quarter of the calendar year 2025, with consolidated earnings dropping by 63% year-over-year. The company reported earnings of PK...

Karachi: Exchange rates for the U.S. dollar, euro, British pound, Japanese yen, United Arab Emirates dirham, and Saudi riyal experienced minor fluctuations on April 22, 2025, according to the Exchange Companies Association of Pakistan. The U.S. dol...

Karachi: The automotive industry is witnessing a notable shift in earnings, with INDU expecting significant growth while HCAR faces a decline in profitability. INDU's anticipated earnings for the third quarter of the fiscal year 2025 are projected to ...

Karachi: The State Bank of Pakistan has released updated exchange rates for the mark-to-market revaluation by authorized dealers in foreign exchange, showing minor increases across a range of currencies. The US dollar is now at 280.8688 for the read...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for April 21, 2025, highlighting a continued upward trend in foreign currencies against the Pakistani rupee in the open market. The United States dollar...

KARACHI: A severe water shortage in the SITE Industrial area of Karachi has forced factories to halt operations, threatening the country's export capabilities and economic standing. Key industry leaders, including Zubair Motiwala, Ahmed Azeem Alvi, an...

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) announced the rescheduling of its upcoming Board of Directors meeting. Initially set for April 28, 2025, the meeting will now take place on April 29, 2025, at 1700 hours. The agenda includ...