Business News

Karachi: The chairman of the National Business Group Pakistan, Mian Zahid Hussain, has raised alarms over the growing incidents of tax fraud in Pakistan, which he described as a significant threat to the country's economic recovery. With annual tax fr...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the Broker Fiduciary Rating (BFR) of Al Habib Capital Markets (Pvt.) Limited at BFR 2+ with a stable outlook, according to a recent announcement. The rating, unchanged from the ...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its Broker Management Rating for Al Habib Capital Markets (Pvt.) Limited (AHCML), attributing the decision to the company's strong equity brokerage performance, strategic focus,...

Karachi: HBL has been named 'Pakistan's Best Bank' at the Euromoney Awards for Excellence 2025. The bank also earned accolades for 'Pakistan's Best Bank for Large Corporates' and 'Pakistan's Best Investment Bank', cementing its status in the banking i...

Karachi: Pakistan has achieved its first current account surplus in 14 years, recording a $2.1 billion surplus for the fiscal year 2025. The surplus was bolstered by a $328 million surplus in June 2025, driven primarily by a reduced trade deficit. I...

Karachi: Pakistan has achieved its first current account surplus in 14 years, recording a $2.1 billion surplus for the fiscal year 2025. The surplus was bolstered by a $328 million surplus in June 2025, driven primarily by a reduced trade deficit. I...

Karachi: The oil marketing sector in Pakistan is poised for a substantial rise in earnings, with companies under AKD Securities' coverage, namely Pakistan State Oil (PSO) and Attock Petroleum Limited (APL), set to report a combined net profit after ta...