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. ...
Read More »Maple Leaf Cement Reports Significant Earnings Growth Amid Price Increases
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...
Read More »Saudia’s Strategic Presence at World Travel Market 2025 Highlights Commitment to Pakistan
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 ...
Read More »Major Auto Companies See Strong Year-On-Year Growth in Sales
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 ...
Read More »Women-Led Startups Awarded in Tech Accelerator Program
Karachi: Standard Chartered Pakistan has announced the winners of its seventh Women in Tech Accelerator program, funded by the Standard Chartered Foundation. The announcement followed a graduation ceremony at Pearl Continental, Karachi, where three st...
Read More »Stock Indices Decline Amid Lower Turnover on Pakistan Exchange
Karachi: The Pakistan Stock Exchange witnessed a decline in major indices on November 6, 2025, as the KSE30 and KSE100 both closed lower than their previous positions. The KSE30 index fell by 220.17 points, settling at 48,148.75, while the KSE100 inde...
Read More »KIBOR Rates Show Slight Increase Across Tenors
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, revealing a marginal uptick in rates across various tenors. The adjustments reflect market expectations and liquidity conditions within the ban...
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