Business

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...

Karachi: Tariq Glass Industries Limited (TGL) presented its fiscal year 2025 results at a corporate briefing, revealing a 9% year-on-year increase in earnings per share, which rose to Rs27.75. The company also declared a cash dividend of Rs4 per share...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Money Market Fund (ABL MMF), underscoring its commitment to preserving capital while delivering competitive returns. The Fund, characterized by i...

Islamabad: foodpanda has announced a partnership with Al Qadir Welfare to bolster the well-being of its rider community across Pakistan. The collaboration introduces a welfare initiative aimed at providing free bike restoration services and distributi...

Karachi: The State Bank of Pakistan has established a lending ceiling, setting a limit of 142,500 for a single borrower, applicable to just one financial institution as of October 15, 2025. This move aims to regulate and standardize borrowing practice...