Business

This category covers all news related Business & Finance

Engro Corporation Divests Thermal Energy Assets in Strategic Move

Karachi, Engro Energy Limited, a subsidiary of Engro Corporation Limited, has finalized a Share Purchase Agreement (SPA) with Liberty Power Holding (Pvt.) Limited and a consortium, selling its significant thermal energy assets. This decision is part o...

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Lahore Court Greenlights Deregulation of Non-Essential Drug Prices, Pharma Sector Set to Benefit

Lahore, The Lahore High Court has lifted the order against the deregulation of maximum retail prices (MRPs) of non-essential drugs, marking a significant shift in the pharmaceutical industry's pricing strategy and potentially boosting sector profitabi...

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Interloop Limited Poised for Growth, JS Global Recommends ‘Buy’

Karachi, Interloop Limited (ILP), Pakistan's second-largest textile exporter and a leading global socks producer, is the subject of a strong investment recommendation. As per a new analysis by JS Global, the company has a promising outlook with a pote...

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Bank Alfalah Partners with Indus Hospital to Open Health Facility in Flood-hit Sindh

Karachi, In a significant move to aid flood-impacted regions in Sindh, Bank Alfalah has entered into a collaboration with Indus Hospital and Health Network (IHHN) to establish a primary healthcare facility in District Thatta. This initiative, part of...

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United Business Group Raises Alarm on Pakistan’s Growing Trade Deficit with Regional Countries

Karachi, The United Business Group (UBG) has expressed concern over the escalating trade deficit of Pakistan with its regional partners. The leaders of UBG, including President Zubair Tufail, Regional Chairman Khalid Tawab, and Secretary General Hanif ...

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KATI Endorses Finance Minister’s Economic Strategy for Pakistan

Karachi, The Korangi Association of Trade and Industry (KATI) has praised Federal Finance Minister Muhammad Aurangzeb's recent announcement about the development of a three-year economic policy. This policy is seen as a crucial step towards fostering l...

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Karachi Chamber Appeals for Decisive Action Against Bandits in Sindh

Karachi, The Karachi Chamber of Commerce and Industry (KCCI) has officially called on Sindh's Chief Minister, Murad Ali Shah, and Inspector General, Ghulam Nabi Memon, to initiate a strong and decisive operation against the bandit groups plaguing the h...

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