Business

Karachi: The Pakistan cement industry is currently experiencing a significant shift in its valuation metrics, sparking interest among investors and analysts alike. With an enterprise value (EV) per ton standing at US$55.6, the sector presents an intri...

Islamabad: The Karachi Stock Exchange (KSE)-100 index has once again demonstrated its upward momentum, closing at a promising 165,494, marking an impressive gain of 1,646 points day-over-day. This bullish trend was underpinned by trading volumes reach...

Karachi: In a significant breakthrough for Pakistan's energy sector, the Oil and Gas Development Company Ltd (OGDC) has announced a major discovery of oil and gas at the Bitrism East-1 well in District Khairpur, Sindh. The exploratory well, which w...

Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...

Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown significant fluctuations across various tenors, indicating a wave of economic uncertainty. As per the data released by the State Bank of Pakistan on September 30, 2025, the rates have exper...

Islamabad: In a noteworthy development, the Pakistan Credit Rating Agency (PACRA) has decided to maintain the Insurer Financial Strength (IFS) rating of The United Insurance Company of Pakistan Limited at an impressive AA+. This decision comes on the ...

Karachi: In an unprecedented move, Saudi Arabia's national airline, Saudia, has rolled out Apple’s Share Item Location feature to aid passengers, especially those from Pakistan, in tracking and recovering misplaced or delayed baggage. This innovative ...