Islamabad: A meeting of the Cabinet Committee on Inter-Governmental Commercial Transactions was held in Islamabad today with Deputy Prime Minister Ishaq Dar presiding. The committee approved the Commercial Agreement of Phase-I of the rail corridor con...
Read More »Inflation To Remain Steady In August Despite Rising Food Prices
Islamabad: Pakistan's annual inflation rate is projected to hold firm at 4.1% year-on-year in August 2025, according to AKD Securities Limited. This stability comes despite escalating costs across most sectors, offset by moderated increases in signifi...
Read More »Germany’s New Consul General in Karachi Prioritizes Economic Ties
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the newly-appointed Consul General of Germany, Thomas Eberhard Schultze, in Karachi, who has pledged to prioritize business visas for Pakistani citizens as part...
Read More »Rupee Plummets Against Major Currencies, Dollar Nears PKR 284
Islamabad: The Pakistani Rupee continued its downward spiral against major international currencies, with the US dollar nearing the PKR 284 mark in the open market on Saturday. Exchange companies reported the greenback trading between PKR 283.07 and P...
Read More »Germany’s New Consul General in Karachi Prioritizes Economic Ties
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the newly-appointed Consul General of Germany, Thomas Eberhard Schultze, in Karachi, who has pledged to prioritize business visas for Pakistani citizens as part...
Read More »Engro Holdings Limited Reports Significant Profit Surge Amid Strategic Adjustments
Karachi: Engro Holdings Limited, formerly Dawood Hercules Corporation Limited, has announced a notable increase in its financial performance for the half year ending June 30, 2025. The company reported a consolidated Profit-After-Tax (PAT) of PKR 73,3...
Read More »Standard Chartered Pakistan Announces Interim Dividend Despite Profit Dip
Islamabad: Standard Chartered Bank (Pakistan) Limited declared an interim cash dividend of 35% (PKR 3.50/- per share) for the first half of 2025, despite a decrease in profit before tax to PKR 32.9 billion compared to PKR 49.3 billion in the same peri...
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