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Karachi: Engro Holdings Limited (ENGROH) is set to reshape its business outlook through a strategic divestment of its energy portfolio and a restructuring that will enhance its earnings potential. The company has announced that it is currently divesti...
Read More »Engro Holdings Reports 7% Earnings Growth Amid Structural Changes
Karachi: Engro Holdings Ltd. (ENGROH) reported a 7% year-on-year increase in consolidated earnings from continuing operations for the calendar year 2024, reaching PkR21 billion. This growth was driven by higher urea prices and cost efficiencies. Acc...
Read More »Samsung Galaxy S25 Ultra Launches with Exclusive Offers on Daraz Pakistan
Islamabad: Samsung is poised to unveil its latest flagship smartphone, the Galaxy S25 Ultra, exclusively through Daraz Pakistan, with the launch expected in the first week of March. The device will be available in three storage options: 256GB, 512GB, ...
Read More »Payoneer and Meezan Bank Partner to Streamline International Payments for Pakistani SMBs
Karachi: Payoneer, a financial technology firm listed on NASDAQ, has formed a partnership with Meezan Bank, a top Islamic bank in Pakistan, to enhance international payment solutions for small and medium-sized businesses, entrepreneurs, and freelancer...
Read More »Lahore Chamber Advocates for Local Valuation Meetings to Ease Business Operations
Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has called for a more localized approach to customs valuation processes, emphasizing that handling these matters within Lahore could alleviate challenges faced by traders and bolster economic ...
Read More »Inflation Hits 9-Year Low, FPCCI Urges Sharp Interest Rate Cut
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, expressed dissatisfaction with Pakistan's current monetary policy, following the State Bank of Pakistan's (SBP) modest reduction of 100 basis points in its latest Monetary Policy Committee (MPC) meeting...
Read More »Pakistan and Iraq Forge Path in Islamic Finance Through Key Delegation Visit
Karachi: The Pakistan Stock Exchange (PSX) recently hosted a delegation from Iraq’s Scientific Foundation for Financial Transactions (SFFT Iraq), aiming to explore collaboration opportunities in Islamic finance and enhance the Islamic capital markets ...
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