Business News

Karachi: The approval of the 27th Amendment in Pakistan's legislative houses has brought a wave of optimism to the country's stock market, resulting in a significant 3,751-point increase in the index over the last two trading sessions. The benchmark i...

Karachi: With the wedding season in full swing across Pakistan, Spotify is amplifying the celebrations with the country's favorite beats. The nation's listening patterns reveal how central music is to every Shaadi moment. According to Spotify data, se...

Lahore: The Bank of Punjab (BOP) unveiled its financial results and future strategies during a corporate briefing, highlighting a significant 42% increase in profit after tax, reaching Rs5.15 billion. The bank's earnings per share (EPS) for the outgoi...

Lahore: Mughal Energy Ltd (GEMMEL) unveiled its forthcoming 36.5MW hybrid coal and biofuel power plant during an analyst briefing, indicating the project will be fully commissioned by the end of 2025. The initiative aims to enhance energy efficiency a...

Karachi: Maple Leaf Cement Factory Ltd. (MLCF) has unveiled plans to potentially acquire a significant stake in Pioneer Cement Ltd. (PIOC), marking a strategic move in the industry. The acquisition would involve a 69.75% stake, comprising 58.03% throu...

Karachi: Mughal Iron and Steel Industries Ltd reported a decline in its financial performance for FY25, with a 3% decrease in topline revenue, amounting to PkR89.5 billion. The company's bottom line also saw a significant drop of 52% year-on-year, rea...

ISLAMABAD: In a bid to strengthen security and suppress criminal activity, the Islamabad Police, under the direction of Inspector General Syed Ali Nasir Rizvi, executed a rigorous search operation in the Karachi Company area. This initiative is part o...