Karachi: The Karachi Stock Exchange experienced a notable downturn in its latest trading session, with the KSE-100 index closing at 77,084 points, a decrease of 1,141 points. This significant drop reflects broader market uncertainties and a cautious ap…
Karachi: Engro Fertilizer Limited (EFERT) has reported a significant 57% year-over-year increase in its earnings for the second quarter of 2024, with profits reaching PKR 1.7 billion, up from PKR 1.1 billion in the same period last year. The increase i…
Karachi: At the closing ceremony of the 19th My Karachi Exhibition, Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh announced an upcoming trip to Denmark to sign a $2 billion investment memorandum of understanding with Maersk. This investment…
Islamabad: Petroleum sales in Pakistan experienced a significant drop in July 2024, posing challenges to the government’s revenue collection goals for the fiscal year 2025. The sales volumes for oil marketing companies (OMCs) decreased by 11% year-over…
Karachi: Google for Startups today unveiled the AI Academy, a new initiative aimed at bolstering artificial intelligence (AI) startups in Pakistan and the Asia-Pacific (APAC) region. This program is set to nurture over 20 startups that specialize in AI…
Karachi: Pak-Qatar Asset Management Company Limited (PQAMC), a key player in Islamic asset management within Pakistan, has earned the title of Employer of the Year, achieving the top position in the Small National Category. The award, granted by the Em…