Business

Karachi: As the holy month of Ramadan approaches, Daraz Pakistan, the country's leading online marketplace, has announced its Grand Ramadan Sale. Running from March 3 to March 9, 2025, this sale promises discounts of up to 80% on a wide array of produ...

Karachi: The Prime Minister's upcoming visit to Baku, Azerbaijan, is anticipated to enhance the relationship between the two nations, both members of the Organization of Islamic Cooperation and the Economic Cooperation Organization. According to a ...

Karachi: VIS Credit Rating Company Limited (VIS) has announced an upgrade in the entity ratings of Kausar Ghee Mills (Pvt.) Limited, elevating its status from A-/A2 to 'A/A1'. This reflects a strong financial standing with the medium to long-term rati...

Karachi: MCB Bank, during its recent Corporate Briefing Session, announced its strategy to focus on increasing current account deposits in response to a significant 1,000 basis points decline in interest rates. The bank is also reallocating its invest...

Karachi: Mari Energies Ltd (MARI), the operator of the Waziristan Block, has announced the discovery of hydrocarbons in the Spinwam-1 exploratory well. The well, located in the Waziristan Block, has demonstrated a flow rate of 12.96 million cubic feet...

Karachi: Currency exchange rates in Pakistan showed slight fluctuations on February 25, 2025, with the US dollar and Euro experiencing minor increases against the Pakistani rupee. The British pound and Japanese yen also saw movements, reflecting ongoi...

Karachi: International Packaging Films Limited (IPAK) Group has reported a significant revenue increase of 61% for the six months ending December 31, 2024. The group's consolidated revenue reached Rs 16.25 billion, up from Rs 10.08 billion in the same...