Business

This category covers all news related Business & Finance

Loads Limited Reports Improved Earnings Amid Decline in Topline

Karachi: Loads Limited reported a 4% decline in its topline for FY24, recording PkR4.4 billion compared to PkR4.5 billion in the previous fiscal year, attributed to reduced sales volume in the slowing auto industry. However, despite the decrease in re...

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VIS Reaffirms Ratings for Mughal Iron & Steel Industries Limited

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Mughal Iron & Steel Industries Limited at 'A+/A1' with a 'Stable' outlook. The medium to long-term rating indicates good credit quality with adequate protection factor...

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OGDCL Boosts Production at Revitalized Dars West-1 Well in Sindh

Tando Allah Yar: OGDCL has successfully enhanced the oil and gas output of its Dars West-1 well in Tando Allah Yar, Sindh, following a strategic workover and recompletion in the Lower Goru formation. The initiative has resulted in a substantial increa...

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LCCI Pledges to Advocate for Marriage Halls’ Operational Flexibility.

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has pledged to address the challenges facing marriage halls by engaging with top government officials. This commitment was articulated by LCCI President Mian Abuzar Shad and Senior Vice Presid...

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LCCI Seminar Highlights AI’s Role in Transforming Trade and Industry.

Lahore: A seminar focusing on Artificial Intelligence (AI) was organized by the Lahore Chamber of Commerce and Industry (LCCI) to underscore its critical role in advancing trade and industry. LCCI President Mian Abuzar Shad, along with Senior Vice Pre...

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Meezan Bank and CashNow Launch Pakistan’s First Digital Islamic Supply Chain Finance Solution.

Karachi: Meezan Bank, Pakistan's leading Islamic bank, has entered into a strategic alliance with CashNow, the country's pioneering supply chain finance platform, to introduce a revolutionary Shariah-compliant supply chain finance product. A Memorandu...

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OGDCL Commences Production from Uch-35 Development Well.

Bugti: Oil and Gas Development Company Limited (OGDCL) has announced the commencement of production from the Uch-35 development well. Utilizing the company's in-house expertise, the well was drilled to a depth of 1,345 meters, targeting the hydrocarbo...

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