ISLAMABAD: Pressure from the International Monetary Fund (IMF) to withdraw fuel price support could exacerbate poverty and incite public unrest in Pakistan, warned Shahid Rasheed Butt, a business leader and former president of the Islamabad Chamber of…
Karachi: Pakistan’s weekly oil and gas production saw a 2% increase from the previous week, reaching 67,000 barrels per day (bpd) of oil and 3,065 million cubic feet per day (mmcfd) of gas for the week ending March 31, 2026.
According to AKD Securit…
Karachi: Meezan Bank Ltd (MEBL) reported a 12 percent year-on-year decline in profitability for the fiscal year 2025, amounting to PKR 89 billion, as shared in an analyst briefing. This decrease, from PKR 101.5 billion in the same period last year, wa…
Karachi: Meezan Bank Ltd (MEBL) reported a 12 percent year-on-year decline in profitability for the fiscal year 2025, amounting to PKR 89 billion, as shared in an analyst briefing. This decrease, from PKR 101.5 billion in the same period last year, wa…
Karachi: NayaPay, a financial technology platform, has partnered with the Securities and Exchange Commission of Pakistan (SECP) to simplify and expedite the business onboarding process for entrepreneurs and small and medium-sized enterprises (SMEs) in…
Karachi: In a day marked by modest gains in major indices, the Karachi Stock Exchange saw the KSE30 and KSE100 indices rise, despite a notable decline in market turnover. The KSE30 index increased by 239.59 points to close at 45,938.83, while the KSE1…
Karachi: The KSE-100 index experienced a day of volatility on the trading floor, ultimately closing 809 points higher at 151,208. The session opened on a negative note and saw fluctuations within an intraday low of 2,627 points and a high of 1,476 poi…