Karachi: The Sindh government has announced the establishment of electric vehicle (EV) charging stations across the province, a move it describes as a significant advancement in the region’s energy sector. Syed Nasir Hussain Shah, Sindh’s Minister for…
Karachi: The Exchange Companies Association of Pakistan released the latest open market closing exchange rates for August 5, 2025, showing minor fluctuations across various foreign currencies against the Pakistani Rupee. The rates, sourced from the St…
Karachi: Habib Bank Limited (HBL) revealed robust financial results for the first half of 2025 during an analyst briefing, showcasing a 19% increase in profit and significant improvements across various financial metrics. The bank’s profit reached PkR…
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) rates, indicating a relatively stable interest rate environment across various tenors. The figures, effective as of August 5, 2025, reveal that the bid and …
Karachi: Engro Polymer and Chemicals Limited (EPCL) has reported a significant loss for the first half of the calendar year 2025, influenced by declining margins, increasing gas prices, and operational expenses. The company detailed these challenges d…
Karachi: Engro Fertilizers Ltd. (EFERT) is grappling with significant challenges including sub-optimal farm economics and disparity in gas prices, which have led to increased discounts and a heavier debt load. Despite these hurdles, EFERT remains a st…