Business

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has awarded the Faysal Islamic Asset Allocation Fund (FIAAF) a prestigious 5-Star ranking, recognizing its superior risk-adjusted returns despite a challenging market environment. The FIAAF ad...

Karachi: Malik Muhammad Bostan, Chairman of the Exchange Companies Association of Pakistan, has thrown his support behind a reform initiative led by Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb. Bostan emphasized the importance ...

DUBAI: The Emirates Group has reported a record-breaking half-year financial performance, achieving a profit before tax of AED 12.2 billion (US$ 3.3 billion) for the first six months of the 2025-26 financial year. This marks the fourth consecutive yea...

Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has reiterated the organization's commitment to sustainable economic growth by participating in a significant meeting on national water ...

Islamabad: The Pakistan Stock Exchange (PSX), in partnership with key financial bodies, has released comprehensive guidelines for opening trading accounts for minors under 18. This initiative, developed alongside the National Clearing Company of Pakis...

Karachi: MSCI has recalibrated its Frontier Market Index, incorporating significant changes for Pakistan's securities. In its November review, MSCI added eight securities to the Frontier Market Index, with three originating from Pakistan. This adjustm...

Karachi: Urea off-take in October 2025 is projected to experience a slight year-on-year decline of 2%, according to recent data. The cumulative decrease in urea off-take for the first ten months of 2025 is expected to ease to 7.6%. The industry aims t...