General Business News

Karachi: Engro Fertilizers Ltd. (EFERT) reported a notable decline in its profitability for the third quarter of the calendar year 2025, attributing the downturn to a significant drop in phosphate sales. The company announced consolidated earnings of ...

Lahore: The Small and Medium Enterprises Development Authority (SMEDA), in collaboration with the Ministry of Industries and Production, is strategizing to reduce the trade deficit between Pakistan and Saudi Arabia through joint investment projects. T...

Karachi: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has urged the Federal Board of Revenue (FBR) to extend the deadline for filing income tax returns from October 15 to November 30, 2025. The association cites ongoing technical diff...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the latest open market closing exchange rates, reflecting the current buying and selling prices of various foreign currencies as of October 14, 2025. The report was sourced from t...

Karachi: Mari Energies Ltd (MARI) conducted its FY25 analyst briefing, revealing a 3% year-over-year decline in net sales to PkR177 billion. The downturn was attributed to reduced production volumes due to curtailments on the SNGPL transmission networ...

Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates for various currencies against the Pakistani Rupee. The update provides insights into the buying and selling rates of major currencies as of the most ...

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...