Karachi: The Union of Small and Medium Enterprises (UNISAME) has called for the inclusion of seasoned economists in Pakistan’s economic team to enhance negotiations with the International Monetary Fund (IMF), following concerning statements from Deputy…
Karachi: VIS Credit Rating Company Limited has reaffirmed the stable entity ratings of ‘A/A-1’ for Premier Sales (Private) Limited, reflecting its solid market position as one of Pakistan’s leading distribution companies and its robust short-term finan…
Jeddah: Saudia, the national airline of Saudi Arabia, has partnered with Etihad Etisalat Company (Mobily) to allow Mobily customers to convert their Neqaty rewards into miles for the AlFursan Loyalty Program. This collaboration offers enhanced travel b…
Karachi: The introduction of new high-pressure gas lines in the Korangi and other industrial areas of Karachi has been aimed at improving gas pressure and enhancing production capacities, as announced by Imran Munyar, Managing Director of Sui Southern …
Karachi: Indus Motor Company Limited (INDU) has reported a notable decline in its fiscal year 2024 sales, with gross margins improving significantly amidst challenging economic conditions. The company discussed these trends and its future outlook durin…
Karachi: In August 2024, the automobile industry in Pakistan experienced stagnant sales numbers, with a total of 11,600 units sold, mirroring the sales from the same period last year. This stagnation is attributed to a significant 33% year-over-year de…
Karachi: Pakistan Refinery Ltd (PRL) conducted its FY23 analyst briefing today, disclosing a notable decline in earnings and outlining extensive plans for future upgrades. The refinery reported earnings of PkR1.82 billion for FY23, a significant decrea…