Business

Islamabad, President Dr. Arif Alvi has called on foreign investors to explore the vast opportunities available in various sectors of Pakistan’s economy. This invitation was extended during a meeting with a delegation from Oxford Alumni, led by Haseeb A...

The post President Alvi Invites Foreign Investors to Explore Opportunities in Pakistan appeared first on Pakistan Business News.

Karachi, Ghani Glass Limited (GHGL) recently conducted a corporate briefing to discuss its financial results for the fiscal year 2023 (FY23) and the first quarter of fiscal year 2024 (1QFY24). The company reported significant year-over-year (YoY) growt...

The post Ghani Glass Limited Reports Strong Earnings, Faces Market Challenges appeared first on Pakistan Business News.

Lahore, Defence Housing Authority (DHA) Lahore has officially announced the possession opening for Sectors F and G in Prism 9. The announcement, made on the authority’s official Facebook page, marks a significant development in the expansion of Prism 9...

The post DHA Lahore Opens Possession for Sectors F, G in Prism 9 appeared first on Pakistan Business News.

Karachi, The banking sector in Pakistan is bracing for the impact of Section 99D of the Finance Act 2023, following the Federal Cabinet's approval of a 40% additional tax on income from foreign exchange (FX) for the calendar years 2021 and 2022. This d...

The post Banks Face Additional Tax on Foreign Exchange Income Under Section 99D appeared first on Pakistan Business News.

Karachi, Platinum Steel Mill (Pvt.) Limited (PSMPL), a state-of-the-art steel manufacturing entity established in 2019 in Port Qasim's industrial sector, has received an upgraded entity rating from The Pakistan Credit Rating Agency Limited (PACRA). Thi...

The post PACRA Elevates Platinum Steel Mill’s Rating Amidst Expansion and Growth appeared first on Pakistan Business News.

DUBAI, In a significant move to extend the operational life and efficiency of its A380 fleet, Emirates, the world's leading international airline and the largest A380 operator, has announced investments exceeding USD $1.5 billion. This initiative, unve...

The post Emirates Invests Over $1.5 Billion to Enhance A380 Fleet Operations appeared first on Pakistan Business News.

Islamabad, The Karachi Stock Exchange (KSE-100) index experienced a tumultuous trading session, ultimately closing at 56,666, marking a modest increase of 142 points from the previous day. Trading volumes registered at 524 million shares, a decline fro...

The post Pakistan Market Exhibits Mixed Signals, KSE-100 Indicates Consolidation appeared first on Pakistan Business News.