KARACHI: The Karachi Development Authority (KDA) has unveiled its Greater Karachi Regional Master Plan 2047, aimed at addressing the evolving challenges of the city and guiding its development priorities for the next few decades. This initiative, as a…
Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the closing exchange rates in the open market, showing a stable performance of major currencies against the Pakistani Rupee. According to the data released, the US Dollar was bei…
Karachi: The stock market experienced volatility over the past week, with a notable decline in the benchmark index and reduced market participation, as corporations reported weaker-than-expected earnings. The benchmark index dropped by 502 points, mar…
Karachi: The State Bank of Pakistan is expected to maintain a cautious stance in its upcoming Monetary Policy Committee meeting, as outlined in a report from AKD Securities Limited. The decision comes amid ongoing concerns regarding inflation, potenti…
Karachi: Pakistan State Oil (PSO) announced a profit after tax of PKR 20.9 billion for the fiscal year 2024-25 during its 49th Annual General Meeting held in Karachi. The company’s board, chaired by Mr. Asif Baigmohamed, declared a dividend of PKR 10 …
Karachi: Cnergyico PK Limited (CNERGY) held an analyst briefing to announce its financial performance for the fiscal year 2025, highlighting significant revenue growth but also revealing a net loss due to lower gross margins and reduced crack spreads….
Karachi: Meezan Bank Limited (MEBL) has reported a decline in its third quarter earnings for 2025, with earnings per share (EPS) of Rs11.7, marking an 18% year-on-year decrease and a 13% quarter-on-quarter decline. The drop in earnings, which totaled …