Business

Karachi: In a remarkable turn of events, the Pakistan Stock Exchange's KSE100 index soared to an unprecedented level of 152,201.88, marking a dramatic day in the nation's financial landscape. This historic peak represents a significant gain of 1,226.4...

Karachi: United Bank Ltd (UBL) has reported a robust financial performance in the first half of the calendar year 2025, with unconsolidated profits soaring to PkR63.8 billion, marking a 2.2-fold increase compared to the same period last year. This gro...

Karachi: In a dramatic turn of events, the US dollar surged to an unprecedented level against the Pakistani rupee, reaching a record high of 283.30 in the open market. This alarming spike has raised concerns about the nation's economic stability and i...

Karachi: A remarkable upswing has been observed in the urea market with August 2025 witnessing a record-breaking surge in sales, marking the highest figures for the month in eight years. Provisional data indicates that the urea off-take for August is ...

Islamabad: Pakistan's fertilizer industry witnessed a significant upturn in August 2025, with urea sales surging by an impressive 46% year-on-year and 34% month-on-month. The sales volume reached an estimated 816,000 tons, driven primarily by sustaine...

Karachi: Despite a challenging interest rate environment, Pakistan's listed banks have reported a remarkable surge in profitability, reaching Rs168 billion, marking a 22% increase year-on-year (YoY) and a 3% rise quarter-on-quarter (QoQ) in the second...

Islamabad: Pakistan's cement industry is poised for a promising phase of expansion as the nation gears up for economic recovery. With an anticipated rise in construction demand driven by stabilizing macroeconomic factors, including reduced interest ra...