General Business News

Islamabad: Pakistan Oil Fields (POL) held its analyst briefing today to update investors on the FY24 financial results and discuss future plans. The company reported an all-time high Net Profit After Tax (NPAT) of PkR39.2 billion, translating to an Ea...

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Karachi: Pakistan's equities are set to gain increased traction within the MSCI Frontier Markets (FM) Index following recent adjustments announced by MSCI. As part of its November Review, MSCI has made changes to the MSCI Equity Indexes, which will be...

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Karachi: The index opened strong but experienced volatility throughout the last session, reaching a peak of 663 points and a low of 413 points, ultimately closing at 92,021 with a loss of 283 points. Trading volumes increased significantly by 30% comp...

The post Index Closes Lower Amid Volatility, Trading Volumes Surge by 30%. appeared first on Pakistan Business News.

Karachi: Fauji Fertilizer Company Limited (FFC) convened a corporate briefing to discuss its financial performance for the third quarter of the calendar year 2024 and future outlook. The management shared insights on the company's core business prospe...

The post Fauji Fertilizer Company Limited Reports Strong Earnings Surge Amid Merger Talks. appeared first on Pakistan Business News.

Peshawar: The Khyber Pakhtunkhwa government has announced a plan to solarise all public sector buildings across the province, aiming to ensure continuous electricity supply and reduce energy costs for the government.

According to Zameen.Com, the ini...

The post KP Government Launches PKR 10 Billion Solarisation Initiative for Public Sector Buildings. appeared first on Pakistan Business News.

Karachi: The currency exchange rates for major currencies showed notable fluctuations between November 6 and November 7, 2024. The buying and selling rates for the US Dollar, Euro, British Pound, Japanese Yen, UAE Dirham, and Saudi Riyal experienced v...

The post Currency Exchange Rates Update Highlights Fluctuations in Major Currencies. appeared first on Pakistan Business News.

Karachi: The confidence of domestic and foreign investors and industrialists needs to be restored to stabilize Pakistan's economy, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Speaking with a delegation of bu...

The post Restoring Investor Confidence Essential for Pakistan’s Economic Stability, Says FPCCI Vice President. appeared first on Pakistan Business News.