General Business News

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...

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...