Karachi: Pakistan’s urea sales in May 2026 are forecasted to remain stable year-on-year with a volume of 419,000 tons, despite a 10 percent decrease month-on-month. According to JS Global, this monthly decline is attributed to the conclusion of initia…
Muzaffarabad: The Bank of Azad Jammu and Kashmir (BAJK) has achieved a historic milestone by formally lodging its application for the grant of Scheduled Bank Licence with the State Bank of Pakistan (SBP).
According to State Bank of Pakistan, the ap…
Riyadh: Saudia, the national airline of Saudi Arabia, has taken delivery of its first Airbus A321XLR, becoming the first in the Middle East and Africa to operate the long-range narrow-body aircraft. This development aligns with Saudia’s strategy to ex…
Karachi: The United Business Group (UBG) has urged the government to adopt its recommendations for the Federal Budget 2026-27, emphasizing tax reductions and economic reforms to boost investment and economic growth. Zubair Tufail, UBG President, propo…
KARACHI: Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has voiced significant concerns over the anticipated direction of the federal budget for the fiscal year 2026-27. He highlighted the need for the national economy to tra…
KARACHI: Former Vice President of FPCCI and ex-Chairman of the Pakistan Ship Agents Association, Tariq Haleem, expressed concerns over the upcoming federal budget, which is being developed under IMF conditions, potentially posing challenges for the bu…
Karachi: Systems Limited announced a 21% year-on-year increase in its profit after tax for the first quarter of the calendar year 2026, reaching PkR3.0 billion compared to PkR2.5 billion in the same period last year. The earnings growth was driven by …