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Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh...

The post EFERT Announces Strong Financial Results Amid Market Challenges appeared first on Pakistan Business News.

Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh...

The post EFERT Announces Strong Financial Results Amid Market Challenges appeared first on Pakistan Business News.

Karachi: The State Bank of Pakistan has reported its latest overnight repo and reverse repo transactions, with financial institutions engaging in significant short-term borrowing and lending activities. On February 17, 2025, two institutions accessed ...

The post State Bank of Pakistan Reports Overnight Repo Transactions appeared first on Pakistan Business News.

Karachi: Fertilizer sales in Pakistan experienced significant declines in January 2024, primarily due to advance procurement by farmers in the previous month. Urea sales fell 27% year-on-year to 446,000 tons, marking a considerable drop attributed to ...

The post Pakistan Fertilizer Sales Witness Notable Declines Amid Advance Purchases appeared first on Pakistan Business News.

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) for tenors ranging from one week to one year. The rates indicate a slight fluctuation across the different tenors, with the one-week bid rate at 11.95 a...

The post Karachi: KIBOR Rates Announced by State Bank of Pakistan appeared first on Pakistan Business News.

HUB, Pakistan: The industrial sector in Hub, a pivotal manufacturing area, has announced an emergency strike scheduled for February 20, 2025, in response to persistent water shortages. The decision follows repeated, yet unresolved complaints to local ...

The post Hub Industrial Sector Plans Emergency Strike Over Water Shortage appeared first on Pakistan Business News.

Karachi: A high-level delegation from the World Bank Group has arrived in Pakistan, marking its first visit in two decades, to explore potential economic development projects and investment opportunities. Aman Pracha, Vice President of the Federation ...

The post World Bank Delegation Visit Sparks Optimism for Pakistan’s Economic Future appeared first on Pakistan Business News.