Karachi: In anticipation of the upcoming monsoon season, the President of the Korangi Association of Trade and Industry (KATI), Johar Kandahari, has called for the implementation of a comprehensive rain emergency strategy across Karachi, emphasizing th…
Karachi: The second quarter of 2024 has shown strong earnings for major fertilizer companies, with Fauji Fertilizer Company (FFC) and Fauji Fertilizer Bin Qasim Ltd (FFBL) particularly standing out due to higher retention prices compared to last year. …
Islamabad: Pakistan and Azerbaijan have committed to enhance their investment collaboration, setting an ambitious target of USD 2 billion for mutual projects. This decision was announced following a series of agreements and memorandums of understanding…
Karachi: In a decisive move to address public safety, Karachi authorities have initiated the evacuation of 40 buildings classified as extremely hazardous. This action is part of a broader effort to mitigate the dangers posed by dilapidated structures t…
Peshawar: Defense Housing Authority (DHA) Peshawar and Mumtaz Construction Company (MCC) have joined forces to develop a new 425 Kanal commercial zone in Sector A, aiming to create a dynamic business environment. The initiative includes plans for comme…
Karachi: The Exchange Companies Association of Pakistan reported minimal changes in the buying and selling rates of major currencies over the course of July 11 and July 12, 2024, with slight increases observed in the rates for the Euro, British Pound, …
Karachi: The KSE-100 Index concluded the week with a 0.3% loss, settling at 79,944 points, influenced by political shifts and mixed economic indicators. A Supreme Court ruling significantly impacted the government’s composition in the National Assembly…
Karachi: The Pakistan Stock Exchange (PSX) navigated a turbulent session, with the KSE100 index initially reaching an intra-day high of 80,321 points before significant profit-taking and a subsequent Supreme Court decision on reserved seats led to a sh…
Karachi: The KSE100 Index closed the week down by 269 points, a 0.33% decrease, ending at 79,944 points, reflecting market volatility driven by the Supreme Court’s decision on reserved seats and ongoing IMF negotiations. Despite the verdict favoring th…
Karachi: The KSE-100 index experienced significant volatility in its latest trading session, opening positively but swinging between a high of 273 points and a low of 133 points before closing with a gain of 151 points at 79,992. This pattern suggests …
© 2024, All Right Reserved by Pakistan Business News