General Business News

Lahore: Systems Limited (SYS) revealed its financial results for the third quarter of the calendar year 2025, showcasing a notable 28% increase in profit after tax compared to the same period last year. The company achieved a profit of PkR2.8 billion,...

KARACHI: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, as anticipated by market analysts. This decision follows a meeting of the Monetary Policy Committee (MPC), which highlighted a more optimistic economic outlook t...

Karachi: Zong, a leading information services and technology innovation company in Pakistan, has announced a strategic partnership with the Industrial and Commercial Bank of China (ICBC) Pakistan Operations, aimed at enhancing the country's digital in...

KARACHI: The President of the North Karachi Association of Trade and Industry (NKATI), Faisal Moiz Khan, has expressed his dissatisfaction with the State Bank of Pakistan's decision to maintain the policy interest rate at 11 percent. This decision, he...

RAHIM YAR KHAN: The Pakistan Credit Rating Agency Limited has maintained the entity ratings of Etihad Alloys Private Limited, affirming the company's financial stability as it progresses with significant industrial projects. Based in Rahim Yar Khan, P...

Karachi: The stock market experienced volatility over the past week, with a notable decline in the benchmark index and reduced market participation, as corporations reported weaker-than-expected earnings. The benchmark index dropped by 502 points, mar...

Karachi: In a strategic move aimed at bolstering Pakistan's Software-as-a-Service (SaaS) ecosystem, Zong, a leading technology company in the country, has announced a partnership with CyMax Technologies. This collaboration marks a crucial development ...