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...
Read More »ATBA’s Financial Performance and Strategic Plans Unveiled
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 ...
Read More »Stocks Surge on Strong Market Performance in Karachi
KARACHI: The Pakistan Stock Exchange saw significant gains on October 14, 2025, with the KSE30 and KSE100 indices both showing substantial increases. The KSE30 index closed at 51,034.76, up from its previous close of 48,740.26, marking a change of 2,2...
Read More »Pakistan and Saudi Arabia Eye Joint Ventures to Tackle Trade Deficit
Lahore: The Small and Medium Enterprises Development Authority (SMEDA), in collaboration with the Ministry of Industries and Production, is strategizing to reduce the trade deficit between Pakistan and Saudi Arabia through joint investment projects. T...
Read More »PCDMA Urges FBR to Extend Tax Filing Deadline Amid Portal Challenges
Karachi: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has urged the Federal Board of Revenue (FBR) to extend the deadline for filing income tax returns from October 15 to November 30, 2025. The association cites ongoing technical diff...
Read More »Exchange Companies Report Daily Currency Rates Amid Market Stability
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the latest open market closing exchange rates, reflecting the current buying and selling prices of various foreign currencies as of October 14, 2025. The report was sourced from t...
Read More »Mari Energies Reports Decline in FY25 Net Profit Amid Operational Challenges
Karachi: Mari Energies Ltd (MARI) conducted its FY25 analyst briefing, revealing a 3% year-over-year decline in net sales to PkR177 billion. The downturn was attributed to reduced production volumes due to curtailments on the SNGPL transmission networ...
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