Business News

Nashville: Morgan Wallen, a prominent figure in the country music scene, has reached a significant milestone, with his track "Last Night" becoming the first solo country song to surpass one billion streams. This achievement places Wallen among the few...

Karachi: Pakistan's listed pharmaceuticals sector reported a significant increase in earnings, rising by 30% year-on-year to reach Rs10.4 billion in the first quarter of fiscal year 2026. The surge in profitability is largely driven by increased net s...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the Alfalah GHP Sovereign Fund (AGSOF), noting the fund's medium risk profile and strategic asset allocation. AGSOF aims to deliver optimal risk-adjuste...

Karachi: The upcoming K-Electric Board of Directors meeting, set for Thursday, is expected to play a pivotal role in determining the future leadership of the energy company. With three candidates shortlisted for the CEO position, all hailing from Kara...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Alfalah GHP Money Market Fund (AGMMF), maintaining its classification under a low-risk profile. The fund aims to deliver competitive returns by inves...

Karachi: LOADS Ltd. presented its FY25 financial outcomes and future strategies at a corporate briefing, revealing a 34% increase in revenue, reaching PkR6.0 billion, up from PkR4.5 billion in FY24. The surge was attributed to a rise in volumetric sal...

Karachi: BankIslami has been recognized as a leading Islamic financial institution in Pakistan, clinching two significant awards at the 22nd CFA Society Pakistan Annual Excellence Awards. The bank was awarded "Best Bank of the Year 2024 (Mid-Sized Ban...