Islamabad: The federal cabinet of Pakistan has lifted the ban on new gas connections, a move that could provide a boost to domestic exploration and production (E and P) companies but at a higher cost to consumers. New connections will be offered at th…
Karachi: The KSE-100 Index maintained its upward trajectory, closing at 157,021, marking a 457-point increase compared to the previous day. Trading volumes reached 996 million shares, slightly lower than the 1,069 million shares traded earlier. The in…
Karachi: The KSE-100 index experienced a day of volatility but closed with a notable gain of 457 points at 157,021, marking a historic high for the index. Despite a decline in trading volumes by 9% from the previous session, the market demonstrated re…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings for My Petroleum (Pvt.) Limited, emphasizing the company’s stable outlook despite prevailing challenges in Pakistan’s energy sector. The ratings, released on …
Karachi: In an effort to enhance economic integration, Pakistan and China have been encouraged to strengthen bilateral trade through joint ventures and increased collaboration in the textile and chemical sectors. At the “2025 China-Pakistan Textile Ch…
Karachi: In a significant gesture to support flood relief efforts, Wafi Energy Pakistan Limited has donated 5,000 liters of diesel and motor gasoline to the National Disaster Management Authority (NDMA). This donation follows an earlier contribution o…