General Business News

Karachi: Mari Energies Ltd (MARI), the operator of the Waziristan Block, has announced the discovery of hydrocarbons in the Spinwam-1 exploratory well. The well, located in the Waziristan Block, has demonstrated a flow rate of 12.96 million cubic feet...

Karachi: Currency exchange rates in Pakistan showed slight fluctuations on February 25, 2025, with the US dollar and Euro experiencing minor increases against the Pakistani rupee. The British pound and Japanese yen also saw movements, reflecting ongoi...

Karachi: International Packaging Films Limited (IPAK) Group has reported a significant revenue increase of 61% for the six months ending December 31, 2024. The group's consolidated revenue reached Rs 16.25 billion, up from Rs 10.08 billion in the same...

Karachi: Pakistan Business Forum (PBF) has issued a stark warning about the state of Pakistan's economy, stressing that the current high electricity tariffs are undermining industrial growth, threatening businesses, and jeopardizing nationwide employm...

KARACHI: Pak-Qatar Family Takaful Limited (PQFTL) introduced a pioneering lifetime guaranteed pension plan named the "Lifetime Kafalat Plan", marking a significant milestone in Pakistan's financial services sector. The launch event, held in Karachi, w...

Karachi: Currency exchange rates exhibited minor fluctuations across various markets, as detailed in a recent report from the Exchange Companies Association of Pakistan. The report indicates changes in the buying and selling rates for several major cu...

Karachi: Gold prices in Pakistan experienced a significant rise, reflecting a parallel increase in international markets. The cost of gold per tola of 24 karat reached Rs. 309,500, marking an increase of Rs. 1,500 from previous rates. According to a...