ISLAMABAD: Oil and Gas Development Company Limited (OGDC) held an analyst briefing session to discuss its financial performance and future outlook amidst declining earnings and ongoing production challenges.
The company reported a 7% year-on-year dr…
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates on November 3, 2025, indicating marginal fluctuations in the buying and selling rates of major foreign currencies against the Pakistani Rupee in the in…
Karachi: TPL Corp Limited, the holding company for TPL Group, has seen its financial stability challenged amidst strategic investments and asset divestments. The Pakistan Credit Rating Agency Limited (PACRA) recently revised TPL Corp Limited’s instrum…
Karachi: The Chairman of Bank Alfalah, Sheikh Nahayan bin Mubarak Al Nahayan, alongside the Board of Directors, has authorized an additional $5 million to support communities affected by the 2025 floods. This commitment elevates the bank’s total flood…
Karachi: Pakistan’s urea sales in October 2025 are anticipated to reach 351,000 tons, marking a 2% decrease year-over-year and an 18% drop month-over-month. This decline is attributed to a pre-buying trend observed in previous months. Engro Fertilizer…
Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has called on the government to release pending sales tax refunds, citing severe financial pressure on the edible oil and ghee industry due to excessive taxation a…
Karachi: Pakistan’s listed banks reported a rise in profitability, recording Rs171 billion in the third quarter of 2025, reflecting an 8% increase year-on-year and a 2% rise quarter-on-quarter.
The banks achieved these gains despite a decline in in…