General Business News

Islamabad: Pakistan Oilfields Ltd (POL) has announced its financial results for the second quarter of fiscal year 2025, reporting a profit after tax of PkR7.6 billion, a 4% decrease compared to the same period last year. Despite the decline, the compa...

The post Pakistan Oilfields Records Decline in Earnings but Declares Robust Dividend appeared first on Pakistan Business News.

Karachi: President of the Korangi Association of Trade and Industry (KATI) Junaid Naqi expressed disappointment over the State Bank of Pakistan's decision to set the policy rate at .... % in its latest monetary policy announcement. He stated that the ...

The post KATI President Criticizes Central Bank’s Policy Rate Decision as Economic Burden appeared first on Pakistan Business News.

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has expressed strong disappointment over the State Bank of Pakistan's (SBP) recent decision to implement a nominal 1 percent reduction in the policy int...

The post KCCI Criticizes State Bank’s Modest Interest Rate Cut appeared first on Pakistan Business News.

Karachi: Business leaders in Pakistan have expressed dissatisfaction with the recent monetary policy changes, which they argue do not sufficiently address current economic challenges. The State Bank of Pakistan announced a reduction of 100 basis point...

The post Business Leaders Criticize Pakistan’s Monetary Policy Amid Economic Concerns appeared first on Pakistan Business News.

Karachi: Meezan Bank, Pakistan's leading Islamic financial institution, has introduced a new Foreign Currency (FCY) Debit Card tailored for the country's freelancers and exporters. The card is designed for those maintaining an Exporters' Special Forei...

The post Meezan Bank Launches Global Payment Solution for Freelancers and Exporters appeared first on Pakistan Business News.

Karachi: Mari Energies Ltd (MARI) has reported a significant decline in its second-quarter fiscal year 2025 earnings, with Profit After Tax (PAT) falling to PkR11.2 billion, marking a 39% year-over-year decrease. The downturn has been attributed to in...

The post Mari Energies Faces Earnings Decline Amid Rising Costs appeared first on Pakistan Business News.

KARACHI: AL Habib Capital Markets (Pvt.) Limited, a key player in Pakistan's brokerage industry, has received initial long-term and short-term ratings of 'A' and 'A1', respectively, with a stable outlook, from the Pakistan Credit Rating Agency Limited...

The post AL Habib Capital Markets Receives Initial Ratings Highlighting Robust Performance appeared first on Pakistan Business News.