Business

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...

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...

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...

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...

Islamabad: The recent floods have brought to light urgent and systemic failures in infrastructure planning as newly constructed roads and bridges, worth billions of rupees, collapsed under rainfall levels that should not have posed a threat, highlight...

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has sparked institutional concern by openly contesting the Auditor General of Pakistan's findings, marking a significant deviation from established norms. This public rebuttal, issue...

Islamabad: Oil and Gas Development Company Limited (OGDC) anticipates recovering approximately Rs80 billion from Uch Power Plant as part of the ongoing resolution of the power sector's circular debt, a key takeaway from the Pakistan Day Conference 202...