Business News

Islamabad, The Capital Development Authority (CDA) is seeking approval from the federal cabinet to construct two new five-star hotels in Sector F-5 of Islamabad. This initiative follows a meeting chaired by Prime Minister Shehbaz Sharif, where CDA subm...

The post CDA Proposes Construction of Two New Five-Star Hotels in Islamabad’s Sector F-5 appeared first on Pakistan Business News.

Karachi, Pakistan State Oil (PSO), the leading energy company in Pakistan, maintained its industry dominance and posted a net profit of PKR 13.4 billion in the nine months of FY24. The company's Board of Management (BoM) reviewed the performance for th...

The post Pakistan State Oil Leads Market with Resilience and Growth, Posts 9MFY24 Profit of PKR 13.4 Billion appeared first on Pakistan Business News.

Karachi, Pakistan State Oil (PSO), the leading energy company in Pakistan, maintained its industry dominance and posted a net profit of PKR 13.4 billion in the nine months of FY24. The company's Board of Management (BoM) reviewed the performance for th...

The post Pakistan State Oil Leads Market with Resilience and Growth, Posts 9MFY24 Profit of PKR 13.4 Billion appeared first on Pakistan Business News.

Karachi, FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first quarter of 2024, showing a 21% increase in topline revenue. The company's revenue for the quarter reached PKR 27.5 billion, compared to PKR 22.7 bill...

The post FrieslandCampina Engro Pakistan Reports 21% Topline Growth in Q1 2024, Despite Economic Challenges appeared first on Pakistan Business News.

Karachi, Nestle Pakistan reported that its revenue for the three-month period ending March 31, 2024, rose to PKR 54.4 billion, marking a 9.7% increase compared to the same period last year. This growth can be attributed to broad-based expansion across ...

The post Nestle Pakistan’s Revenue Grows by 9.7% in First Quarter 2024 appeared first on Pakistan Business News.

Lahore, Imran Ameen, CEO of the Central Business District (CBD), attended a meeting chaired by Lahore Development Authority (LDA) Director General Tahir Farooq to discuss the LDA's restructuring, as reported by a news source. The meeting aimed to impro...

The post Central Business District to Help Lahore Development Authority Implement Corporate-Style Reforms appeared first on Pakistan Business News.

Karachi, The Exchange Companies Association of Pakistan has reported relatively stable foreign exchange rates for major currencies over the past two days, indicating a steady economic environment in the local market.

According to Exchange Companies ...

The post Stability Observed in Pakistan’s Foreign Exchange Rates Over Two Days appeared first on Pakistan Business News.