Karachi: Meezan Bank, Pakistan’s largest Islamic bank, held its 2025 Corporate Briefing Session, during which the management discussed its financial performance and future outlook. The bank projected an increase in the policy rate by 100-150 basis poi…
Karachi: Cement dispatches in March 2026 saw a modest year-on-year increase of 1%, reaching 3.75 million tons, largely due to a 6.6% rise in exports while local dispatches remained unchanged. On a month-on-month basis, domestic volumes decreased by 10…
Karachi: The Pakistan cement sector is projected to see a 7% year-on-year decline in profitability for the third quarter of fiscal year 2026, according to projections released by JS Global. The decline, from Rs22.8 billion in the previous year to Rs21…
Karachi: Pakistan is facing a financial challenge as the United Arab Emirates has requested the repayment of deposits totaling approximately $3.5 billion, in addition to a $1.3 billion Eurobond repayment due in April 2026. Despite these demands, the f…
KARACHI: Pakistan’s Export Facilitation Scheme (EFS) is under scrutiny following concerns raised by the Pakistan Chemicals and Dyes Merchants Association (PCDMA) about its misuse, leading to significant revenue losses for the national exchequer. The …
Karachi: Supernet Technologies Limited (STL) has announced total revenue of Rs 9.2 billion for the fiscal year 2025, alongside establishing a significant pipeline for new business in cybersecurity and digital infrastructure across telecom, banking, an…