Business News

Karachi: The Pakistan cement sector is projected to witness an 11% year-on-year increase in earnings for the first quarter of fiscal year 2026, as reported by AKD Securities Limited. This growth is primarily attributed to higher offtakes and reduced e...

Lahore: The Deputy Prime Minister of Russia visited the Pakistan pavilion at the international trade fair "BIOPROM 2025," which took place in Gelendzhik City, Russia. The pavilion was jointly organized by Pakistan's Small and Medium Enterprises Develo...

Karachi: Mian Zahid Hussain, a prominent figure in Pakistan's business circles, has called for immediate structural reforms in the country's IT sector to address unresolved institutional issues that are hindering the sector's growth. According to Huss...

Islamabad: The long-anticipated acquisition of Telenor by Pakistan Telecommunication Company (PTC) has received the green light from the Competition Commission of Pakistan (CCP), marking a significant development in the telecommunications sector. The ...

Lahore: The three-day international exhibition of hand-knotted carpets in Lahore concluded with notable success, signaling a promising boost for the carpet industry and Pakistan's economy. Agreements inked with foreign buyers at the event are anticipa...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Habib Construction Services Limited (HCS), citing the company's strong brand reputation and successful completion of numerous projects. HCS, a key player i...

Karachi: The State Bank of Pakistan released data indicating minimal fluctuations in the Karachi Interbank Offered Rates (KIBOR) across various tenors. The rates, published on October 9, 2025, suggest relative stability in the financial market. The ...