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International Monetary Fund has approved 1.1 billion dollars final tranche for Pakistan under the Stand-By Arrangement. The IMF's Executive Board has allowed for immediate disbursement of the final tranche, bringing total disbursements under the arr...

Under the Special Investment Facilitation Council, a new agreement worth 8 billion rupees has been signed for establishment of Pakistan Digital City in Haripur. The agreement has been signed between Special Technology Zones Authority and Khyber Pak...

Minister for Industries and Production Rana Tanveer has directed the fertilizer companies to immediately reverse the recent hike in urea prices. He gave these instructions, while speaking at an emergency meeting with representatives of fertilizer co...

Pakistan's Ambassador to the United States Masood Khan called on US Congressman Jack Bergman. Jack Bergman is serving in the House Committee on Veterans' Affairs, the House Armed Services Committee, and the House Budget Committee. They held a produ...

Islamabad, Redco Textiles Limited reported a significant improvement in profitability for the nine-month period ending March 31, 2024, according to the latest financial disclosures to the Pakistan Stock Exchange. The Board of Directors confirmed that ...

Karachi, Mirpurkhas Sugar Mills Ltd. NC declared a substantial bonus issue of 200%B for this year, along with an additional 15%B in dividends. The company, however, did not report an EPS for the first quarter of 2024. Trading values remained stable wi...

Karachi, Asia Insurance Co. Ltd. XD NC has reported challenging financial results, with the company facing a downturn. The stock was traded at Rs. 13.61 and no earnings were recorded for the January to March 2024 period, reflecting a loss of Rs. 1.01 ...