Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Cash Plan under the Pak Qatar Islamic Cash Fund. The plan, characterized as a low-risk Shariah-compliant money market option, has demonstra…
Karachi: Pakistan’s cement industry is poised for a 9% year-on-year increase in profitability for the fourth quarter of fiscal year 2026, fueled by a rise in local volumetric sales, according to JS Global. The sector is expected to post a profit of Rs…
Islamabad: The Finance Minister of Pakistan, Mohammad Aurangzeb, has announced the formation of a ‘Finance Task Force’ aimed at improving access to finance for small and medium enterprises (SMEs). This initiative, revealed at a summit hosted by the Pa…
Karachi: Weaker second-quarter sales for AGP Limited and GlaxoSmithKline Pakistan Limited (GLAXO) have created a potential buying opportunity for investors, according to recent earnings expectations. Both companies are projected to experience a season…
Karachi: The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has voiced concerns over a government policy allowing manufacturers to sell up to 50% of imported raw materials in the local market without value addition, arguing that this move…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for enhanced economic cooperation and improved banking connectivity among the member states of the D-8 Organization for Economic Cooperation. Atif Ikram Sheikh, t…