Karachi: The chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has commended the government’s decision to incorporate exchange companies into the Pakistan Remittance Initiative (PRI), predicting substantial econ…
ISLAMABAD: The Bank of Punjab has announced a strategic partnership with Surfin Meta Digital Technologies Pte Ltd to explore and potentially implement advanced digital banking solutions in Pakistan. The memorandum of understanding seeks to enhance fin…
KARACHI: Mari Energies Ltd, a key player in Pakistan’s energy sector, reported a 7% decline in net sales for the first nine months of fiscal year 2025, reaching PkR132.3 billion. The downturn is attributed to reduced production levels and decreased we…
Karachi: The KSE-100 Index has outshone other asset classes for the second consecutive year, posting a 60.1% return in fiscal year 2025. This achievement is largely attributed to aggressive monetary easing, a strict fiscal policy, and a robust externa…
Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in …
Karachi: Pakistan’s stock market saw significant gains on Thursday, with the KSE100 index reaching its highest level in 52 weeks, closing at 128,199.43 points. This marks a gain of 2,572.12 points or 2.05 percent from the previous day. The KSE30 index…