General Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Financial Sector Fund, underscoring the fund's robust strategy and strong liquidity profile. The fund, which carries a moderate-risk profile, is d...

KARACHI: Pakistan Petroleum Limited (PPL) has announced a strategic partnership with Turkish Petroleum Overseas Company (TPOC) to advance offshore exploration in the Eastern Offshore Indus Block-C. This collaboration highlights a significant developme...

Karachi: Spotify and FC Barcelona have announced that Ed Sheeran will become the first male solo pop artist to feature on the club's jersey, as part of their seventh jersey takeover. The collaboration will see FC Barcelona players don a special editio...

Karachi: Pakistan's banking sector is poised for a modest increase in profitability in the third quarter of the calendar year 2025, according to AKD Securities Limited. The sector is expected to announce a 2% quarter-on-quarter growth in profits, brin...

Lahore: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Lahore Chamber of Commerce and Industry (LCCI) have called on the government to extend the tax return filing deadline by at least one month. The business leaders argu...

Karachi: Mari Energies Limited conducted its Analyst Briefing today, revealing a 16% year-on-year decline in standalone earnings for the fiscal year 2025, amounting to Rs65 billion. The earnings per share stood at Rs54.25. The company attributed the d...

KARACHI: Pakistan Petroleum Limited (PPL) announced a significant partnership with Turkish Petroleum Overseas Company (TPOC) in the Eastern Offshore Indus Block-C, following high-level talks between the governments of Pakistan and Turkiye. The colla...