Karachi: The market experienced a volatile trading session, opening on a positive note but closing with a decline of 834 points at 162,103. The index reached an intraday high of 421 points and a low of 1,083 points before settling. Trading volumes inc...
Read More »OGDC Reports Decline in Sales Amid Lower Oil Prices and Production Challenges
Islamabad: The Oil & Gas Development Company Ltd (OGDC) reported a significant decrease in net sales for the fiscal year 2025, attributed to declining oil prices and forced production curtailments. The company’s net sales fell to PkR401 billion, m...
Read More »IMF Report Spurs Call for Anti-Corruption Reforms in Pakistan
Islamabad: Aman Pracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has raised concerns about the International Monetary Fund's (IMF) recent report highlighting systemic corruption in Pakistan's state instit...
Read More »Successful Workover Restores Gas Flow in Adam West Field
KARACHI: Pakistan Petroleum Limited (PPL) has successfully completed a workover operation at the Adam West X-1 ST well in the Hala Block, district Matiari, Sindh. This operation marks a significant milestone for PPL, which holds a 65 percent working i...
Read More »Bestway Group and UBL Contribute Rs 550 Million to LUMS
LAHORE: The Lahore University of Management Sciences (LUMS) has received a significant financial boost with a combined donation of Rs 550 million from Bestway Group and United Bank Limited (UBL). The contribution supports LUMS' mission to provide high...
Read More »OGDC Foresees Production Boost Amid Earnings Decline
Islamabad: Oil & Gas Development Company Limited (OGDC) conducted its analyst briefing session to discuss recent financial results and future prospects. The company witnessed a contraction in earnings by 19% for the fiscal year 2025 and 7% for the...
Read More »Amna Riaz Shines in Times Square as Spotify’s Latest EQUAL Pakistan Ambassador
Karachi: Spotify has announced Amna Riaz as the EQUAL Pakistan Ambassador for the final quarter of 2025, highlighting her as a key figure in the evolution of Pakistan's music scene. The indie pop artist was featured on Spotify's Times Square billboard...
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