Mari Petroleum Posts Flat Earnings in First Quarter FY25 Amid Declining Sales and Increased Exploration Costs

Islamabad: Mari Petroleum Company Limited (MARI) reported its first quarter financial results for FY25, showing a Profit After Tax (PAT) of PkR19.2 billion, or an earnings per share (EPS) of PkR16.0. The company’s quarterly earnings remained largely f...

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Financial Experts Anticipate Aggressive Rate Cut in Upcoming Monetary Policy

Karachi: Financial professionals are preparing for a significant reduction in the Policy Rate in the upcoming November 4 Monetary Policy announcement, with a majority predicting a cut of at least 200 basis points. A substantial portion of experts anti...

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Government Aims to Position Pakistan as Information Technology Hub, Says State Minister

Karachi: State Minister for Information Technology Shaza Fatima emphasized the government's commitment to establishing Pakistan as a central hub for information technology, speaking at the inauguration of the Digital Cyber Security Conference in Karac...

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Pakistan, Qatar Leaders Discuss Enhanced Economic and Diplomatic Ties

Doha: Prime Minister Shehbaz Sharif stated that his recent visit to Qatar is set to reinforce the longstanding bonds of friendship, respect, and cooperation between Pakistan and Qatar, aiming for mutual benefit across economic and diplomatic domains. ...

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World Cities Day Highlights Sustainable Urban Development Challenges

Islamabad: World Cities Day is being observed today, focusing on the challenges of urbanization and the global commitment to sustainable urban development. The observance underscores the importance of creating cities that foster improved quality of li...

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Prime Minister Shehbaz Sharif to Meet Qatar’s Amir and Lead Delegation Talks in Doha

Doha: Prime Minister Shehbaz Sharif is scheduled to meet with Amir of Qatar Sheikh Tamim Bin Hamad Al Thani today, as part of his visit to Doha. Sharif will lead Pakistan in delegation-level discussions with Qatari officials, aiming to strengthen bila...

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Security Forces Operation in Bannu Leads to Deaths of Eight Militants, Loss of Three Soldiers

Bannu: An intelligence-based operation by security forces in the Bakka Khel area of Bannu District resulted in the death of eight militants, known as Khawarij, and injuries to seven others. The operation also claimed the lives of three Pakistani Army ...

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