Business

Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh...

The post EFERT Announces Strong Financial Results Amid Market Challenges appeared first on Pakistan Business News.

Karachi: A high-level delegation from the World Bank Group has arrived in Pakistan, marking its first visit in two decades, to explore potential economic development projects and investment opportunities. Aman Pracha, Vice President of the Federation ...

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Karachi: Engro Polymer and Chemicals (EPCL), a subsidiary of Engro Corporation, has launched a Rs 11.7 billion hydrogen peroxide plant, marking a significant milestone in its investment efforts to bolster Pakistan's economic growth. The project, suppo...

The post Engro Polymer and Chemicals Unveils Rs 11.7 Billion Hydrogen Peroxide Plant appeared first on Pakistan Business News.

Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates for a range of currencies, reflecting current market conditions. The rates, effective February 17, 2025, indicate the buying and selling prices for cu...

The post State Bank of Pakistan Releases New Exchange Rates for Major Currencies appeared first on Pakistan Business News.

Karachi: Fertilizer sales in Pakistan experienced significant declines in January 2024, primarily due to advance procurement by farmers in the previous month. Urea sales fell 27% year-on-year to 446,000 tons, marking a considerable drop attributed to ...

The post Pakistan Fertilizer Sales Witness Notable Declines Amid Advance Purchases appeared first on Pakistan Business News.

Karachi: A high-level delegation from the World Bank Group has arrived in Pakistan, marking its first visit in two decades, to explore potential economic development projects and investment opportunities. Aman Pracha, Vice President of the Federation ...

The post World Bank Delegation Visit Sparks Optimism for Pakistan’s Economic Future appeared first on Pakistan Business News.

ISLAMABAD: Pakistan is poised to receive up to $40 billion in financing from the World Bank over the next 10 years under a new Country Partnership Framework (CPF). This initiative aims to foster sustainable economic growth and development through long...

The post Pakistan Secures $40 Billion in World Bank Financing for Long-Term Development appeared first on Pakistan Business News.