Karachi: United Bank Ltd (UBL) announced its financial results for the third quarter of the calendar year 2025, reporting a significant increase in net profit after tax (NPAT) to PkR35.3 billion, marking a 93% increase year-over-year and a 24% rise qu...
Read More »MG Pakistan Celebrates Milestone with Free Maintenance and Financing Offers
Karachi: MG Pakistan has announced a series of customer-focused initiatives to celebrate its fifth anniversary in the country. As part of its "5 Years of Setting Standards" campaign, the company is offering five years of free periodic maintenance, val...
Read More »OGDCL Acquires Stake in Indus-C Block, Partners with Turkish Petroleum
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 »PACRA Assigns Preliminary Rating to Mughal Iron and Steel Industries Amid Challenging Industry Dynamics
Lahore: Mughal Iron and Steel Industries Limited, a key figure in the steel sector, has received a preliminary rating from the Pakistan Credit Rating Agency (PACRA) for its upcoming funding endeavor. The rating assesses a PKR 1.5 billion debt instrume...
Read More »Pakistan Stock Market Faces Bearish Trend as KSE-100 Index Declines
Karachi: The Karachi Stock Exchange (KSE-100) index has witnessed a bearish trend, with a significant drop of 4,655 points, closing at 158,443. Trading volumes also saw a slight dip, with 1,361 million shares traded compared to 1,401 million previousl...
Read More »Pakistan and Vietnam Aim to Boost Economic Partnership: Jam
Islamabad: Minister for Commerce Jam Kamal Khan emphasized the potential for expanding trade between Pakistan and Vietnam, expressing Pakistan's eagerness to strengthen its friendship with Vietnam into a robust economic partnership. According to Rad...
Read More »Indian Troops Kill Two Kashmiri Youth in Kupwara District
Islamabad: Indian Illegally Occupied Jammu and Kashmir: In Indian Illegally Occupied Jammu and Kashmir, Indian troops in their latest act of state terrorism martyred two Kashmiri youth in Kupwara district today. According to Radio Pakistan, the yout...
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