General Business News

Karachi: Ahmed Azeem Alvi, the President of the SITE Association of Industry Karachi, expressed his disappointment over the State Bank of Pakistan's decision to maintain the policy rate at 11 percent. He criticized the move, indicating that the busine...

Karachi: Allied Bank Ltd (ABL) conducted its analyst briefing, revealing a 28% year-on-year decrease in standalone net profit after tax (NPAT) for the first nine months of the calendar year 2025. The bank attributed this reduction to a decline in net ...

Karachi: The Pakistan Stock Exchange (PSX) witnessed a downturn today, with both the KSE30 and KSE100 indices closing in the red. The KSE30 index ended the trading session at 49,418.59 points, reflecting a decline of 423.92 points, or 0.85 percent, fr...

Islamabad: Fauji Cement Company Limited (FCCL) reported a 2% increase in earnings for the first quarter of fiscal year 2026, but the results fell short of expectations due to declining gross margins. The company announced earnings of Rs3.29 billion, t...

Karachi: Engro Powergen Qadirpur Ltd (EPQL) reported a significant contraction in profits for the third quarter of the fiscal year 2025, as detailed in an analyst briefing held earlier today. The company revealed a 70% year-on-year decrease in its bot...

KARACHI: The Karachi Development Authority (KDA) has unveiled its Greater Karachi Regional Master Plan 2047, aimed at addressing the evolving challenges of the city and guiding its development priorities for the next few decades. This initiative, as a...

Karachi: The first quarter of fiscal year 2026 earnings previews for Fauji Cement Company Ltd (FCCL), Cherat Cement Company Ltd (CHCC), and Attock Cement Pakistan Ltd (ACPL) reveal a varied performance across the sector, according to a report by JS Gl...