Karachi: The stock market experienced a volatile week, with a final surge on Friday that helped mitigate earlier losses. The market closed at 159,592.9 points after a 496-point recovery in the last session, yet overall it shed 2,038 points or 1.3% ove…
Karachi: The Exchange Companies Association of Pakistan reported notable fluctuations in currency rates on November 7, 2025, reflecting shifting market dynamics. The U.S. dollar was pegged at 281.31 for buying and 281.85 for selling.
The euro saw a…
Karachi: In a notable development for economic collaboration, the Consul General of China in Karachi, Yang Yundong, has emphasized the need to bolster trade relations with Pakistan, advocating for enhanced bilateral trade through increased cooperation…
KARACHI: Pakistan’s economy recorded a fiscal surplus of 1.6% of GDP in the first quarter of Fiscal Year 2026, amounting to Rs2.1 trillion. This compares to a surplus of 1.7% in the same period last year and a deficit of 2.8% in the previous quarter. …
KARACHI: Maple Leaf Cement Factory Ltd. (MLCF) presented its financial performance for fiscal year 2025 and the first quarter of fiscal year 2026 in a briefing today, revealing notable increases in earnings driven by higher retention prices.
The com…
KARACHI: Saudia, the national airline of Saudi Arabia, took part in the World Travel Market 2025 in London, underscoring its focus on strengthening connectivity with Pakistan and expanding its global network. The event, a prominent travel and tourism …
Karachi: The automotive industry in Pakistan is poised for significant year-on-year growth in October 2025, driven by three major players: Indus Motors Company Ltd (INDU), Honda Atlas Cars Ltd (HCAR), and Pak Suzuki Motor Company Ltd. These companies …
Lahore: Fast Cables Ltd (FCL) reported a decline in revenue and profitability for the fiscal year 2025, attributing the downturn to decreased domestic demand, slower public projects, and increased competition across its market segments. In a briefing …
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) have pledged to collaborate for the revival and stability of Pakistan’s economy. This decision was made during a high…
Islamabad:The newly appointed Saudi Ambassador, Dr. Rajeh Tami Albugamy, met with Deputy Prime Minister Ishaq Dar in Islamabad today. During the meeting, Dar emphasized the longstanding fraternal bonds and strategic partnership between Pakistan and Sa…
