General Business News

Karachi: Amid expectations of significant monetary easing, Pakistan's financial markets are bracing for a potentially substantial policy rate cut in the upcoming Monetary Policy Statement (MPS) in November. Market surveys and high-net-worth client fee...

The post Substantial Policy Rate Cut Anticipated in Pakistan’s Upcoming Monetary Policy Statement appeared first on Pakistan Business News.

Islamabad: Pakistan has recorded its first quarterly budget surplus in 20 years, with a total of PkR1.7 trillion during the first quarter of fiscal year 2025. This marks a significant financial milestone, contrasting sharply with a deficit of PkR980 b...

The post Pakistan Marks Historic Budget Surplus, First in Two Decades appeared first on Pakistan Business News.

Islamabad: Pakistan has recorded its first quarterly budget surplus in 20 years, with a total of PkR1.7 trillion during the first quarter of fiscal year 2025. This marks a significant financial milestone, contrasting sharply with a deficit of PkR980 b...

The post Pakistan Marks Historic Budget Surplus, First in Two Decades appeared first on Pakistan Business News.

Karachi: Wafi Energy Holding Limited has become the majority shareholder of Shell Pakistan Limited (SPL) after acquiring a 77.42% interest from The Shell Petroleum Company Limited, a subsidiary of Shell plc. This significant transaction raises Wafi En...

The post Wafi Energy Acquires Majority Stake in Shell Pakistan appeared first on Pakistan Business News.

Karachi: Wafi Energy Holding Limited has become the majority shareholder of Shell Pakistan Limited (SPL) after acquiring a 77.42% interest from The Shell Petroleum Company Limited, a subsidiary of Shell plc. This significant transaction raises Wafi En...

The post Wafi Energy Acquires Majority Stake in Shell Pakistan appeared first on Pakistan Business News.

Karachi: The Exchange Companies Association of Pakistan reported stable currency exchange rates over the course of two consecutive days, with minor fluctuations observed across major currencies including the USD, EURO, GBP, and others.

According to ...

The post Stable Currency Exchange Rates Observed Over Two Days in Pakistan appeared first on Pakistan Business News.

Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the entity ratings of Zahidjee Textile Mills Limited, maintaining its long-term and short-term ratings at 'A' and 'A1' respectively. The outlook for the company remains stable...

The post PACRA Upholds Zahidjee Textile Mills’ Stable Ratings appeared first on Pakistan Business News.