Karachi: Pakistan’s petroleum industry experienced a 3% year-on-year decline in offtakes for August 2026, totaling 1.26 million tons, due in part to a transporter strike. This also represented a 16% decrease from the previous month. However, the first…
Karachi: The Hub Power Company Ltd (HUBC) announced an 8% increase in its consolidated net profit after tax (NPAT) for the fiscal year 2026, amounting to PkR49.6 billion, during an analyst briefing earlier today. The company also declared a cash divid…
FAISALABAD: In a strategic move to bolster Pakistan’s export sector, the government is expanding financial support for Small & Medium Enterprises (SMEs) by addressing credit access challenges, as announced by EXIM Bank’s President Shahbaz Huss…
Karachi: Meezan Bank has approved over PKR 31.5 billion in housing finance for 4,424 applicants under the Government of Pakistan’s Wazir-e-Azam Apna Ghar Programme – Ghar Ho Tu Apna (GHTA), highlighting a strong demand for Shariah-compliant home finan…
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has commended the success of the China-aided Pakistan Friendship Hospital in Gwadar and has proposed the establishment of similar healthcare facilities throughout Pakistan. The…
KARACHI: A $6 billion investment aimed at upgrading Pakistan’s oil refineries has been hailed as a pivotal step towards enhancing the country’s energy security and reducing its reliance on imported fuels. Mian Zahid Hussain, a prominent business leade…