Islamabad: The Defence Housing Authority Islamabad-Rawalpindi (DHAI-R) has launched DHA Downtown, a new commercial development offering prime real estate on Main GT Road. The project was officially unveiled on August 27, 2024, with plots available on …
Business
This category covers all news from Pakistan related General Business News
Lahore to Establish Asia’s Premier Vegetable and Fruit Market
Lahore: Punjab Chief Minister Maryam Nawaz has unveiled plans for a new vegetable and fruit market in Lahore’s Kala Khatai area, aiming to create Asia’s leading market for agricultural produce. The announcement was made on Sunday, with the project sch…
LDA City Implements Charge Recovery for Development Defaults
Lahore: The Lahore Development Authority (LDA) Governing Body has decided to enforce the recovery of development charges from allottees who have defaulted on their payments in the first and second ballots of LDA City.
According to Zameen.Com, the de…
DHA Gujranwala Announces Upcoming Location Ballot for Villas and Plots
Gujranwala: The Defence Housing Authority Gujranwala (DHAG) is gearing up to conduct a Location Ballot for its villas and plots, aiming to offer premium residential properties soon.
According to Zameen.Com, the announcement comes alongside developme…
Cement Sector Suffers Sharp Decline in August Dispatches Amid Monsoon, Fiscal Challenges
Islamabad: Cement dispatches in August 2024 witnessed a significant decline, with a year-over-year drop of 26%, totaling 3.36 million tons due to reduced activity caused by the monsoon season and fiscal policy changes.
According to JS Global, the de…
Pak-Qatar Asset Management Announces Dividend for Monthly Income Plan
Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) declared a monthly dividend of PKR 1.6137 per unit for its Pak-Qatar Monthly Income Plan, reflecting a strong performance with an annualized return of 21.47% year-to-date as of August 2024.
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D.G. Khan Cement Reports Recovery in FY24 Despite Challenges in Final Quarter
Lahore: D.G. Khan Cement Company Ltd. (DGKC) revealed its financial results for FY24, marking a recovery with annual earnings of PKR 542 million, a significant turnaround from the previous year’s loss of PKR 3.6 billion.
According to AKD Securities …
SMAP Chairman Calls for Stakeholder Consultation Before Punjab’s Proposed Raw Pink Salt Export Ban
Karachi: Ismail Suttar, the Founding Chairman of the Salt Manufacturers Association of Pakistan (SMAP), has voiced concerns over the Punjab government’s potential ban on the export of raw pink Himalayan salt, citing a lack of stakeholder consultation …
Foreign Exchange Rates Show Minor Fluctuations in Major Currencies Over Weekend
Islamabad: The foreign exchange rates for major currencies like the USD, EURO, and GBP exhibited slight changes from Friday to Sunday, as per the latest data.
According to Exchange Companies Association of Pakistan, on the 14th of September, the bu…
VIS Assigns ‘A-1+’ Rating to PTCL’s Short-Term Sukuk VI
Karachi: VIS Credit Rating Company Limited has finalized the short-term rating of Pakistan Telecommunication Company Limited’s (PTCL) Short Term Sukuk VI (STS-VI) at ‘A-1+’, indicating a high level of certainty in timely payment and excellent liquidit…