Karachi: The KSE-100 index continued its upward trajectory, gaining 2,238 points to close at 173,963 as trading volumes increased to 555 million shares. The index is set to re-test its recent high of 175,298, with the potential to reach 177,729 if it …
Karachi: The KSE-100 Index experienced a 6.7% recovery in May 2026, reaching 173,000 points, as it managed to reduce the year-to-date losses to less than 1%. Despite the gains, trading volumes remained weak, influenced by geopolitical uncertainty and …
KARACHI: Former Vice President of FPCCI and ex-Chairman of the Pakistan Ship Agents Association, Tariq Haleem, expressed concerns over the upcoming federal budget, which is being developed under IMF conditions, potentially posing challenges for the bu…
KARACHI: Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has voiced significant concerns over the anticipated direction of the federal budget for the fiscal year 2026-27. He highlighted the need for the national economy to tra…
Karachi: The United Business Group (UBG) has urged the government to adopt its recommendations for the Federal Budget 2026-27, emphasizing tax reductions and economic reforms to boost investment and economic growth. Zubair Tufail, UBG President, propo…
Riyadh: Saudia, the national airline of Saudi Arabia, has taken delivery of its first Airbus A321XLR, becoming the first in the Middle East and Africa to operate the long-range narrow-body aircraft. This development aligns with Saudia’s strategy to ex…