Karachi: The stock market experienced notable fluctuations this week, primarily driven by the recent floods in Khyber Pakhtunkhwa and Punjab, as well as increasing political tensions. The KSE-100 index saw a decline of 870 points, or 0.59%, closing at...
Read More »Pakistan Revitalizes Relations with Regional Partners: DPM
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 »Pak Elektron’s Earnings Surge with Robust Appliance Sales
Lahore: Pak Elektron Limited (PAEL) reported a significant increase in its second-quarter earnings for 2025, with earnings per share reaching Rs1.85, marking a 77% rise year-over-year and a 2.6-fold increase quarter-over-quarter. The results aligned w...
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...
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