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: Federal Minister for Finance and Revenue Muhammad Aurangzeb has announced that the transition from the Final Tax Regime (FTR) to the Normal Tax Regime (NTR) will be thoroughly reviewed in the next federal budget. This review aims to support P...

Karachi: Waves Home Appliances Ltd. (WAVESAPP) presented its financial results for the fiscal year CY24 and the first nine months of CY25 during an analyst briefing, highlighting a mixed performance in revenue and earnings. The briefing outlined key f...

Karachi: Waves Corporation Ltd. (WAVES) conducted an analyst briefing to discuss its financial performance for CY24 and the first nine months of CY25, revealing mixed results and a positive outlook. The company reported a 24% year-on-year decline in n...

Karachi: Spotify released its Q3 2025 earnings report today, showcasing significant growth in user numbers and revenue, reinforcing its status as a leader in the audio streaming industry. The company reported that its Monthly Active Users (MAUs) hav...