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Railways Rightsizing Plan Under Review by Cabinet Committee

Islamabad: A recent meeting of the Cabinet Committee on Rightsizing, chaired by Finance Minister Muhammad Aurangzeb, focused on evaluating the Ministry of Railways' efforts to reduce its workforce. The committee discussed the ongoing implementation of...

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AL Habib Capital Markets Receives Initial Ratings Highlighting Robust Performance

KARACHI: AL Habib Capital Markets (Pvt.) Limited, a key player in Pakistan's brokerage industry, has received initial long-term and short-term ratings of 'A' and 'A1', respectively, with a stable outlook, from the Pakistan Credit Rating Agency Limited...

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Mari Energies Faces Earnings Decline Amid Rising Costs

Karachi: Mari Energies Ltd (MARI) has reported a significant decline in its second-quarter fiscal year 2025 earnings, with Profit After Tax (PAT) falling to PkR11.2 billion, marking a 39% year-over-year decrease. The downturn has been attributed to in...

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Meezan Bank Launches Global Payment Solution for Freelancers and Exporters

Karachi: Meezan Bank, Pakistan's leading Islamic financial institution, has introduced a new Foreign Currency (FCY) Debit Card tailored for the country's freelancers and exporters. The card is designed for those maintaining an Exporters' Special Forei...

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Business Leaders Criticize Pakistan’s Monetary Policy Amid Economic Concerns

Karachi: Business leaders in Pakistan have expressed dissatisfaction with the recent monetary policy changes, which they argue do not sufficiently address current economic challenges. The State Bank of Pakistan announced a reduction of 100 basis point...

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Finance Minister Urges Policy Consistency to Boost IT Export Remittances

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, conducted a meeting of the Prime Minister's Committee on IT Export Remittances at the Finance Division, focusing on enhancing IT export remittances through strategic eval...

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PM Sharif Instructs Railways to Boost Trade with Central Asia

Islamabad: Prime Minister Shehbaz Sharif has instructed Pakistan Railways to develop a strategy aimed at enhancing trade across the region, with a particular focus on Central Asian countries. This directive was made during a meeting held in Islamabad,...

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