Karachi: Pakistan Petroleum Limited (PPL) announced the signing and execution of a Production Concession Agreement (PCA) for the development of Offshore Block 5 in Abu Dhabi. The agreement involves the Supreme Council for Financial and Economic Affair…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President, Muhammad Amaan Paracha, has voiced significant concerns over the federal budget for the upcoming fiscal year, highlighting discrepancies and unexpected tax i…
Karachi: Zong, Pakistan’s leading technology company, has partnered with Axis Mall & Apartments to launch the country’s first fully integrated Building Management Solution in a high-rise development. This initiative marks a significant step in mod…
Karachi: Pakistan’s automotive industry finds itself at a critical junction as recent changes in import duties and fluctuating market dynamics present both opportunities and challenges. In May 2025, the auto sector experienced a notable 19% year-on-ye…
Karachi: Pakistan State Oil Company Limited (PSO) recently held its Analyst Briefing to discuss its financial performance and future outlook. The company reported earnings of Rs15.3 billion, translating into an earnings per share (EPS) of Rs32.52 on a…
Karachi: The Karachi Interbank Offered Rate (KIBOR) showed minor fluctuations across different tenors, with rates maintaining a narrow range. The 1-week bid and offer rates were recorded at 10.14 and 10.64, respectively, while the 1-year rates stood a…
Karachi: Pakistan State Oil Ltd (PSO), the country’s leading oil marketing company, held an analyst briefing today to present its financial results for the nine months ending in fiscal year 2025. Despite a drop in net sales, the company reported an in…