Business

Karachi: Systems Limited (SYS) has reported a significant rise in its third-quarter earnings for 2025, with a consolidated profit after tax of Rs2.8 billion, equivalent to earnings per share (EPS) of Rs1.90. This marks a 28% increase compared to the s...

Karachi: Pakistan International Airlines (PIA) has resumed direct flights to Western markets, a move hailed as a strategic milestone for national trade and a vital precursor to the airline's privatization. Mian Zahid Hussain, President of the Pakistan...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, reflecting subtle shifts in the values of major international currencies against the Pakistani Rupee. These adjustments come amid ongoing economic dev...

Karachi: Meta has officially launched its artificial intelligence platform, Meta AI, in Urdu for users in Pakistan. The announcement was made during the "Future in Focus: AI and Innovation" event, held in collaboration with the Ministry of Information...

Karachi: Cherat Cement Company Ltd. (CHCC) has reported a 27 percent year-on-year decline in profitability for the first quarter of the fiscal year 2026, as per the company's financial results. The cement manufacturer registered a profit of PKR2.1 bil...

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) today welcomed the discussions and measures outlined during a recent meeting of the Special Investment Facilitation Council (SIFC) committee, aimed at addressing challenges ...

Karachi: The State Bank of Pakistan is expected to maintain a cautious stance in its upcoming Monetary Policy Committee meeting, as outlined in a report from AKD Securities Limited. The decision comes amid ongoing concerns regarding inflation, potenti...