Business

Islamabad: Oil and Gas Development Company Limited (OGDCL) has announced a strategic acquisition and partnership aimed at enhancing offshore exploration in Pakistan. The company has entered into a farm-out agreement to acquire a 20% working interest i...

Karachi: ATBA recently held a corporate briefing session to discuss its financial performance and strategic outlook. The company reported a significant 93% year-on-year decline in earnings, amounting to Rs91 million, which translates into an earnings ...

Karachi: MG Pakistan has announced a series of customer-focused initiatives to celebrate its fifth anniversary in the country. As part of its "5 Years of Setting Standards" campaign, the company is offering five years of free periodic maintenance, val...

Karachi: Zindigi, powered by JS Bank, has entered into a partnership with the Pakistan Education Endowment Fund (PAK-EEF) to modernize the scholarship fund disbursement process through digital means. The collaboration is aimed at enhancing financial i...

Karachi: United Bank Ltd (UBL) announced its financial results for the third quarter of the calendar year 2025, reporting a significant increase in net profit after tax (NPAT) to PkR35.3 billion, marking a 93% increase year-over-year and a 24% rise qu...

Karachi: Engro Fertilizers Ltd. (EFERT) reported a notable decline in its profitability for the third quarter of the calendar year 2025, attributing the downturn to a significant drop in phosphate sales. The company announced consolidated earnings of ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for October 15, 2025, indicating slight fluctuations in currency values. The United States dollar was recorded at a buying rate of 281.63 an...