Islamabad: Lucky Electric Power Company Limited (LEPCL) faces a delayed coal supply from a key domestic source, pushing back the start date from December 2025 to June 2026. The Sindh Engro Coal Mining Company (SECMC) will now begin supplying coal from…
Islamabad: AL Habib Asset Management Limited (AHAML) has maintained its robust position in Pakistan’s asset management sector, reporting a substantial 195% year-on-year increase in net profit to PKR 323.7 million for the year ending June 2025, up from…
Islamabad: Pakistan’s automotive industry experienced a significant boost in July 2025, with sales volumes rising 22% year-on-year to reach 12,603 units. This growth was primarily driven by a 28% year-on-year increase in passenger cars and light comme…
Islamabad: Pakistan’s car sales experienced a significant annual increase in July 2025, jumping 28% year-over-year to reach 11,034 units, according to Pakistan Automotive Manufacturers Association (PAMA) data. However, sales saw a substantial 49% mont…
Islamabad: Allied Bank and the Lahore University of Management Sciences (LUMS) have formed a partnership to propel innovation in blockchain technology within Pakistan’s financial sector. The institutions signed a Memorandum of Understanding (MoU) to c…
Islamabad: The Pakistani Rupee’s slide continued against major international currencies, closing at new lows against the US Dollar, Euro, British Pound, and others according to data released by the Exchange Companies Association of Pakistan.
The gre…
Islamabad: NLC and DP World are collaborating to create “Pakistan Mart” in Dubai, a tax-free trade center with over 500 outlets for Pakistani exporters. The initiative, announced at the Korangi Association of Trade and Industry (KATI), aims to signifi…