Karachi: The Pakistan cement industry is currently experiencing a significant shift in its valuation metrics, sparking interest among investors and analysts alike. With an enterprise value (EV) per ton standing at US$55.6, the sector presents an intri…
Karachi: In a significant breakthrough for Pakistan’s energy sector, the Oil and Gas Development Company Ltd (OGDC) has announced a major discovery of oil and gas at the Bitrism East-1 well in District Khairpur, Sindh.
The exploratory well, which w…
Islamabad: In a groundbreaking development in Pakistan’s telecommunications landscape, the Competition Commission of Pakistan (CCP) has sanctioned the acquisition of Telenor Pakistan by Pakistan Telecommunication Company Limited (PTCL). This pivotal a…
Islamabad: The Karachi Stock Exchange (KSE)-100 index has once again demonstrated its upward momentum, closing at a promising 165,494, marking an impressive gain of 1,646 points day-over-day. This bullish trend was underpinned by trading volumes reach…
Islamabad: In a stark revelation, Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has highlighted a troubling increase in poverty, as reported by The World Bank. The report points to policy failures and the breakdown of an uns…
Karachi: Muhammad Ikram Rajput has officially stepped into his role as the new President of the Korangi Association of Trade and Industry (KATI), joined by Senior Vice President Zahid Hameed and Vice President Muhammad Talha. In his inaugural address,…
Karachi: Pakistan’s foreign exchange market is experiencing unprecedented fluctuations, with the U.S. Dollar and Euro rates reaching new heights. According to the Exchange Companies Association of Pakistan, the USD closed at 282.35, while the Euro sur…