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Category: Business

Fauji Cement Reports Subtle Earnings Growth Amid Increased Sales

Karachi: Fauji Cement Company Ltd. (FCCL) has released its financial results for the first quarter of fiscal year 2026, revealing a slight increase in profitability. The company reported earnings of PkR3.3 billion, equivalent to an earnings per share …

Cherat Cement’s Profitability Declines Despite Revenue Growth

Karachi: Cherat Cement Company Ltd. (CHCC) has reported a 27 percent year-on-year decline in profitability for the first quarter of the fiscal year 2026, as per the company’s financial results. The cement manufacturer registered a profit of PKR2.1 bil…

Currency Exchange Rates Adjust as Markets React to Economic Trends

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, reflecting subtle shifts in the values of major international currencies against the Pakistani Rupee. These adjustments come amid ongoing economic dev…

AI-Powered Legal Platform Launched for Pakistan’s SMEs

Lahore: The Small and Medium Enterprises Development Authority (SMEDA) has announced the launch of an AI-powered legal and compliance support platform designed for small and medium enterprises (SMEs) across Pakistan. This initiative is a collaboration…

NKATI President Criticizes Central Bank’s Interest Rate Decision

KARACHI: The President of the North Karachi Association of Trade and Industry (NKATI), Faisal Moiz Khan, has expressed his dissatisfaction with the State Bank of Pakistan’s decision to maintain the policy interest rate at 11 percent. This decision, he…