General Business News

Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh...

The post EFERT Announces Strong Financial Results Amid Market Challenges appeared first on Pakistan Business News.

Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates for February 17, 2025. The rates reflect the buying and selling prices of various foreign currencies in the interbank market.

According to a stat...

The post Currency Exchange Rates Announced by Pakistan’s Exchange Association appeared first on Pakistan Business News.

ISLAMABAD: Pakistan is poised to receive up to $40 billion in financing from the World Bank over the next 10 years under a new Country Partnership Framework (CPF). This initiative aims to foster sustainable economic growth and development through long...

The post Pakistan Secures $40 Billion in World Bank Financing for Long-Term Development appeared first on Pakistan Business News.

Karachi: A high-level delegation from the World Bank Group has arrived in Pakistan, marking its first visit in two decades, to explore potential economic development projects and investment opportunities. Aman Pracha, Vice President of the Federation ...

The post World Bank Delegation Visit Sparks Optimism for Pakistan’s Economic Future appeared first on Pakistan Business News.

Karachi: Engro Polymer and Chemicals (EPCL), a subsidiary of Engro Corporation, has launched a Rs 11.7 billion hydrogen peroxide plant, marking a significant milestone in its investment efforts to bolster Pakistan's economic growth. The project, suppo...

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Karachi: Authorized dealers in foreign exchange have released the latest exchange rates for mark to market revaluation, with notable changes observed across multiple currencies. The rates are crucial for financial institutions and traders who rely on ...

The post Foreign Exchange Rates Updated for Mark to Market Revaluation appeared first on Pakistan Business News.

Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed appreciation for Prime Minister Shehbaz Sharif's focus on reforms across various sectors, including those aimed at improving conditions for small and medium enterprises (SMEs)....

The post UNISAME Urges Swift Action on SME Reforms Under Prime Minister’s Supervision appeared first on Pakistan Business News.