Karachi: The President of the United Business Group, Zubair Tufail, has voiced strong criticism against the State Bank of Pakistan’s decision to maintain its policy interest rate at 11 percent, describing it as a significant barrier to the expansion o…
Karachi: Oil and Gas Development Company (OGDC) has reported a decline in its financial performance for the first quarter of the fiscal year 2026, with earnings per share (EPS) falling to Rs8.91. This marks a 7% year-on-year decrease and a 5% drop fro…
Karachi: Pakistan State Oil (PSO) delivered a robust performance in the first quarter of FY26, posting a profit after tax of PKR 9.4 billion and earnings per share of PKR 20. This financial achievement was disclosed during a meeting of the company’s B…
Karachi: Wafi Energy Pakistan Ltd (WAFI) reported a significant increase in profits during its first analyst briefing since its recent acquisition. The company announced a net profit after tax (NPAT) of PKR 3.03 billion for the first nine months of th…
Karachi: A recent survey conducted by the Overseas Investors Chamber of Commerce and Industry (OICCI) suggests a positive shift in foreign investor sentiment towards Pakistan. The OICCI’s Perception and Investment Survey 2025 indicates that 73 percent…
Karachi: Engro Corporation is anticipated to report a significant increase in its earnings for the third quarter of the calendar year 2025, according to a preview by AKD Securities Limited. The company’s consolidated recurring earnings are projected t…
KARACHI: Pakistan’s inflation rate is anticipated to register an increase in October 2025, driven primarily by rising food and energy costs, according to projections from JS Global. The Consumer Price Index (CPI) is expected to range between 5.25% and…
Lahore: Pioneer Cement Ltd. (PIOC) has reported a significant 25% year-over-year increase in earnings for the first quarter of the fiscal year 2026, driven primarily by an uptick in offtakes, according to a recent financial release. The company’s earn…
Karachi: Wafi Energy Pakistan Limited (WEPL) has announced a significant improvement in its financial performance for the first nine months of 2025, reporting a profit after tax of PKR 3,030 million. This marks a substantial increase from the PKR 724 …
Accra:Bangkok The World Bank Group has reaffirmed its support for Pakistan’s efforts to enhance private-sector activity and attract investment. This commitment was articulated by the President of the World Bank Group, Ajay Banga, during a meeting with…
