Islamabad: Cherat Cement Company Ltd. (CHCC) revealed its first quarter fiscal year 2025 financial outcomes today, marking its highest-ever quarterly earnings. The company achieved earnings of PkR2.9 billion, a substantial 88% increase from PkR1.5 bil…
Islamabad: Nasir Mansoor Qureshi, President of the Islamabad Chamber of Commerce and Industry (ICCI), has urged Pakistan’s diplomatic corps and trade officials to initiate an aggressive trade diplomacy campaign. This effort aims to promote the nation’…
Islamabad: The National Database and Registration Authority (NADRA) has partnered with the Bank of Punjab (BOP) to launch an e-Payment Gateway and Acquiring Agreement, a significant move to boost digital payment infrastructure in Pakistan. This coll…
Karachi: Amid expectations of significant monetary easing, Pakistan’s financial markets are bracing for a potentially substantial policy rate cut in the upcoming Monetary Policy Statement (MPS) in November. Market surveys and high-net-worth client fee…
Karachi: Wafi Energy Holding Limited has become the majority shareholder of Shell Pakistan Limited (SPL) after acquiring a 77.42% interest from The Shell Petroleum Company Limited, a subsidiary of Shell plc. This significant transaction raises Wafi En…
Islamabad: Pakistan has recorded its first quarterly budget surplus in 20 years, with a total of PkR1.7 trillion during the first quarter of fiscal year 2025. This marks a significant financial milestone, contrasting sharply with a deficit of PkR980 b…
Karachi: The Exchange Companies Association of Pakistan reported stable currency exchange rates over the course of two consecutive days, with minor fluctuations observed across major currencies including the USD, EURO, GBP, and others.
According to …