Karachi: The Karachi Chamber of Commerce and Industry (KCCI) has announced its commitment to support and actively engage its members in the Pak-Africa Trade and Investment Conference, which is set to take place in Karachi this May. The event is organ…
KARACHI: Pakistan’s Export Facilitation Scheme (EFS) is under scrutiny following concerns raised by the Pakistan Chemicals and Dyes Merchants Association (PCDMA) about its misuse, leading to significant revenue losses for the national exchequer. The …
Karachi: Pakistan is facing a financial challenge as the United Arab Emirates has requested the repayment of deposits totaling approximately $3.5 billion, in addition to a $1.3 billion Eurobond repayment due in April 2026. Despite these demands, the f…
Karachi: The Pakistan cement sector is projected to see a 7% year-on-year decline in profitability for the third quarter of fiscal year 2026, according to projections released by JS Global. The decline, from Rs22.8 billion in the previous year to Rs21…
Karachi: Cement dispatches in March 2026 saw a modest year-on-year increase of 1%, reaching 3.75 million tons, largely due to a 6.6% rise in exports while local dispatches remained unchanged. On a month-on-month basis, domestic volumes decreased by 10…
Karachi: Meezan Bank, Pakistan’s largest Islamic bank, held its 2025 Corporate Briefing Session, during which the management discussed its financial performance and future outlook. The bank projected an increase in the policy rate by 100-150 basis poi…