Business

Islamabad: Lucky Cement Ltd (LUCK) anticipates modest cement demand expansion in FY26, projecting a 5% rise despite a recent increase in cement shipments. The corporation conveyed this conservative outlook during its Corporate Briefing, where it revie...

Islamabad: Investigations into a staggering Rs 41 billion financial scandal at the Securities and Exchange Commission of Pakistan (SECP) are reportedly stalling, raising serious concerns about accountability and institutional impunity. Despite the Aud...

Islamabad: Bestway Cement Limited (BWCL) announced a significant 73% year-over-year increase in profit for the fiscal year 2025, reaching PkR23.9 billion (EPS: PkR40.0), compared to PkR13.8 billion (EPS: PkR23.1) in FY24. This substantial growth comes...

Islamabad: Dubai Islamic Bank Pakistan (DIB) has received the Shaukat Khanum Social Responsibility Award 2024. The Shaukat Khanum Memorial Trust (SKMT) presented the honor at an event in Karachi, recognizing DIB's ongoing dedication to social welfare ...

Islamabad: The State Bank of Pakistan (SBP) has held its benchmark interest rate steady at 11% amidst the ongoing floods, a decision consistent with market anticipations. The Monetary Policy Committee (MPC), in its statement, acknowledged a slight wor...

Islamabad: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Muhammad Aman Pracha expressed his disapproval of the State Bank's choice to hold steady the benchmark interest rate. Pracha noted that Pakistan's lending ra...

Islamabad: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President, Atif Ikram Sheikh, has sharply condemned the State Bank of Pakistan's choice to hold the benchmark interest rate at 11%, labeling it "baffling" given the presen...