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Tajik Envoy Highlights Karachi’s Potential for Reviving Tourism and Trade

KARACHI: Ambassador of Tajikistan Sharifzoda Yusuf has emphasized the importance of restoring Karachi's former stature as a thriving and secure destination for foreign tourists. During a meeting at the Karachi Chamber of Commerce and Industry (KCCI), ...

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AGP Ltd Reinstated with Buy Rating Amid Positive Growth Outlook

Karachi: AGP Ltd has been reinstated with a buy rating and a target price of Rs220 per share, indicating a 48% potential upside from current levels. The optimism is fueled by AGP's strong growth trajectory, cost optimization strategies, and favorable ...

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Foreign Currency Exchange Rates Show Slight Fluctuations in Pakistan

Karachi: Foreign currency exchange rates in Pakistan experienced minor fluctuations over a 24-hour period, reflecting changes in the buying and selling values of several major currencies. The Exchange Companies Association of Pakistan reported these s...

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FrieslandCampina Engro Pakistan Partners with Reon Energy for 3.4 MW Solar Project

Karachi: FrieslandCampina Engro Pakistan Limited has announced a partnership with Reon Energy to implement a 3.4 MW solar power project at its manufacturing facility in Sahiwal. The initiative aims to generate 5,013.6 MWh of clean energy annually, red...

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Pakistan Banking Sector Rebounds with Record-High Income in Third Quarter

Karachi: Pakistan's banking sector has reported record-high core income and bottom-line figures for the third quarter of the calendar year 2024, marking a robust rebound following a brief slowdown in the first quarter. This resurgence comes after a pe...

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Currency Exchange Rates Show Slight Fluctuations Across Major Currencies

Karachi: Currency exchange rates have experienced minor fluctuations across several major currencies, The data provides current buying and selling rates, reflecting subtle changes in the values of the U.S. Dollar, Euro, British Pound, Japanese Yen, Un...

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Rabi Season Spurs DAP Sales Surge, Eases Fertilizer Inventory Levels

Karachi: Urea offtakes in Pakistan have declined amid worsening farmer incomes, while diammonium phosphate (DAP) sales have surged by 95% year-over-year, driven by the start of the Rabi season. This development is expected to alleviate inventory press...

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