Karachi: Pakistan’s Oil Marketing Companies (OMCs) recorded a decline in sales for November 2025, with a total of 1.4 million tons sold, marking a 10% decrease year-on-year and a 5% drop month-on-month. The drop in sales is attributed to a high base i…
KARACHI: Business activity in Jodia Bazar, Karachi’s largest wholesale market, has ground to a halt as hours-long power outages continue to paralyze trade. Traders cautioned on Tuesday that if uninterrupted electricity is not restored, the consequence…
KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC), a key player in Pakistan’s Islamic financial services sector, announced a dividend of PKR 0.8000 per unit for its Pak-Qatar Monthly Income Plan (PQMIP) for October 2025. The announcement is …
KARACHI: Abdul Rahim Janoo, the Group Chairman of the Rice Exporters Association of Pakistan (REAP), expressed grave concern over the declining state of rice exports in a meeting with the Karachi Chamber of Commerce and Industry (KCCI) on Tuesday. He …
Karachi: Pakistan’s manufacturing sector showed signs of recovery in November, with the HBL Pakistan Manufacturing PMI, compiled by S&P Global, rising to 52.3, up from 49.6 in October. This marks the first expansion in three months, driven by a renewe…
Karachi: Pakistan’s oil marketing companies experienced a 10% year-on-year decline in sales for November 2025, according to AKD Securities Limited. The industry offtake stood at approximately 1.42 million tons, marking a decrease attributed to a high-…
Karachi: Pakistan’s urea sales witnessed a substantial increase in November 2025, with sales reaching 817,000 tons, marking a 133% rise from the previous month and a 25% increase from the same period last year. This growth is attributed to heightened …
Islamabad: Mobilink Bank has announced a strategic partnership with the National Vocational & Technical Training Commission (NAVTTC) aimed at enhancing skills development and promoting financial inclusion across Pakistan.
The collaborati…
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has praised Pakistan’s new roadmap for advancing the second phase of the China-Pakistan Economic Corridor (CPEC). The plan focuses on high-tech industrialization, enhanced coop…
Islamabad:Finance Minister Muhammad Aurangzeb held a meeting with representatives from the World Bank, including the Regional Practice Director for Prosperity Vertical for the Middle East, North Africa, Afghanistan, and Pakistan, in Islamabad today.
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