Business

This category covers all news related Business & Finance

Engro Polymer and Chemicals Unveils Rs 11.7 Billion Hydrogen Peroxide Plant

Karachi: Engro Polymer and Chemicals (EPCL), a subsidiary of Engro Corporation, has launched a Rs 11.7 billion hydrogen peroxide plant, marking a significant milestone in its investment efforts to bolster Pakistan's economic growth. The project, suppo...

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EFERT Announces Strong Financial Results Amid Market Challenges

Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh...

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Gold Prices Surge in Pakistan as International Market Influences Rates

Karachi: Gold prices in Pakistan have increased significantly, with domestic rates mirroring the rise in international markets. The price of gold per tola reached Rs. 303,200, marking an increase of Rs. 1,700, while the price for 10 grams of 24 Kt gol...

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UNISAME Urges Swift Action on SME Reforms Under Prime Minister’s Supervision

Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed appreciation for Prime Minister Shehbaz Sharif's focus on reforms across various sectors, including those aimed at improving conditions for small and medium enterprises (SMEs)....

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Barkat Frisian Agro to Launch IPO with Book Building Phase

Karachi: Barkat Frisian Agro is set to initiate its initial public offering (IPO) with a book building phase starting on February 17, targeting high net worth individuals and institutional investors. The phase will last until February 18, allowing the...

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Bank Alfalah Expands Support for Qist Bazaar with Equity and Credit Boost

Islamabad: Bank Alfalah, one of Pakistan's leading financial institutions, has reinforced its commitment to financial inclusion by enhancing its investment in Qist Bazaar, a rapidly growing buy-now-pay-later platform in the country. This move aims to ...

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VIS Reaffirms Ratings for Unity Foods Amid Economic Challenges

Karachi: VIS Credit Ratings Company Ltd. (VIS) has reaffirmed the entity ratings of Unity Foods Limited (UFL) at 'A/A2', indicating a good credit quality with adequate protection factors, albeit with a 'Negative' outlook due to potential economic fluc...

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