General Business News

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Sustainable Tourism Forum Set to Elevate Pakistan’s Tourism Prospects

Karachi: A two-day Sustainable Tourism Forum, organized by the Islamic Chamber of Commerce and Industry, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), and the Pakistan Tourism Development Corporation, is scheduled for January 3...

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Pakistan Eyes Strategic Expansion in Saudi Arabia, Says Envoy

KARACHI: Pakistan's Ambassador to Saudi Arabia, Ahmad Farooq, emphasized the critical importance of the next two years in enhancing Pakistan's footprint in Saudi Arabia. As Saudi Arabia undergoes substantial economic transformation under Vision 2030, ...

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Currency Exchange Rates Show Slight Fluctuations Amid Global Market Trends

Karachi: The currency exchange rates in Pakistan experienced minor fluctuations as the US Dollar, Euro, and other major currencies saw slight changes in buying and selling prices. The Exchange Companies Association of Pakistan reported these updates, ...

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Amalgamation Boosts Fauji Fertilizer’s Earnings Amid Increased Costs

Karachi: Fauji Fertilizer Company Ltd (FFC) reported a significant rise in its fourth-quarter earnings for the calendar year 2024, driven primarily by its amalgamation with Fauji Fertilizer Bin Qasim Limited (FFBL), despite facing higher costs and imp...

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Tetra Pak Honored at SEAL Business Sustainability Awards for Environmental Framework

Lausanne: Tetra Pak has been awarded the Environmental Initiatives Award at the 2025 SEAL Business Sustainability Awards for its Approach to Nature framework. This recognition highlights the company's efforts to guide and collaborate with partners thr...

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HBL Microfinance Bank Appoints First Woman Chairperson

KARACHI: HBL Microfinance Bank has announced the appointment of Maya Inayat Ismail as the new Chairperson of its Board of Directors, succeeding Rayomond H. Kotwal. The transition marks a significant milestone as Ismail becomes the first woman to lead ...

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International Steels Ltd Reports 71% Decline in Quarterly Profit Amid Lower Steel Prices

Karachi: International Steels Ltd (ISL) announced a significant decline in its quarterly profit, with Profit after Tax (PAT) dropping by 71% year-on-year to PkR355 million (EPS: PkR0.82) for the second quarter of fiscal year 2025. The decline was prim...

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