Business News

ISLAMABAD: Oil and Gas Development Company Limited (OGDC) held an analyst briefing session to discuss its financial performance and future outlook amidst declining earnings and ongoing production challenges. The company reported a 7% year-on-year dr...

Karachi: TPL Corp Limited, the holding company for TPL Group, has seen its financial stability challenged amidst strategic investments and asset divestments. The Pakistan Credit Rating Agency Limited (PACRA) recently revised TPL Corp Limited's instrum...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for the open market as of October 31, 2025, indicating varied trends in major foreign currencies against the Pakistani rupee. The US dollar was record...

Karachi: The State Bank of Pakistan (SBP) facilitated overnight repo and reverse repo transactions for financial institutions on October 31, 2025, according to a press release from the central bank's Domestic Markets and Monetary Management Department...

Karachi: Zong, a leading information services company in Pakistan, has announced a strategic initiative to establish the China-Pakistan Low-Carbon Intelligent Manufacturing International Joint Innovation Laboratory at NUCES-FAST University in Islamaba...

Karachi: Corporate earnings for companies listed on the KSE-100 index in Pakistan rose by 13% year-on-year in the first quarter of fiscal year 2026, according to a recent analysis by JS Global. Total earnings reached Rs458 billion, compared to Rs407 b...

Lahore: Allied Bank, in partnership with the Lahore University of Management Sciences (LUMS), recently hosted the 4th Fintech Hackathon, a platform for fintech startups, innovators, and students to develop financial technology solutions. The event sou...