Karachi: In a striking development, the Pakistan Stock Exchange (PSX) witnessed a remarkable surge as both the KSE30 and KSE100 indices hit their highest levels of the year, reflecting a robust growth trajectory amidst prevalent market fluctuations. T…
Islamabad: The cement industry in Pakistan has achieved unprecedented profitability as the financial year 2025 closed, buoyed by strong margins and decreased financial burdens. This remarkable performance is underscored by a 7% year-on-year growth in …
Karachi: Pakistan’s prominent digital microfinance entity, Mobilink Bank, has teamed up with TPL Life, a digital insurance company, to provide vital healthcare services to communities devastated by floods in Punjab. This partnership has led to the est…
Islamabad: In a significant development towards alleviating the circular debt crisis in Pakistan’s energy sector, the Oil and Gas Development Company Limited (OGDCL) has secured the third installment of interest payment from Power Holding (Private) Li…
Karachi: In a landmark move set to redefine Pakistan’s research landscape, Descon Oxychem Ltd. (DOL) has inked a pivotal agreement with the Lahore University of Management Sciences (LUMS) to spearhead a fully funded research and development initiative…
Islamabad: In a noteworthy development, the Pakistan Credit Rating Agency (PACRA) has decided to maintain the Insurer Financial Strength (IFS) rating of The United Insurance Company of Pakistan Limited at an impressive AA+. This decision comes on the …
Lahore: Vivo has officially launched the much-anticipated vivo V60 smartphone across Pakistan, now available both in physical stores and online. This state-of-the-art device, co-engineered with ZEISS, is designed for users who aspire to capture outsta…
Karachi: In a striking development, Sazgar Engineering (SAZEW) has revised its earnings projections for the fiscal year 2027 upwards by a significant 61%, signaling a positive outlook for the automotive manufacturer. The change comes after the company…
Karachi: The currency market in Pakistan witnessed a notable surge as the US Dollar soared to unprecedented levels in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP).
As of Septembe…
Karachi: In a dramatic turn of events, the foreign exchange rates have shown a significant rise, with the British Pound Sterling (GBP) reaching unprecedented levels. According to the Exchange Companies Association of Pakistan, the GBP surged to 382.67…