ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) announced the rescheduling of its upcoming Board of Directors meeting. Initially set for April 28, 2025, the meeting will now take place on April 29, 2025, at 1700 hours. The agenda includ…
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for April 21, 2025, highlighting a continued upward trend in foreign currencies against the Pakistani rupee in the open market. The United States dollar…
Karachi: Recent earnings estimates for leading Pakistani fertilizer companies, Fauji Fertilizer Company Limited (FFC) and Engro Fertilizers Limited (EFERT), suggest a challenging first quarter due to a significant decline in sales. Analysts expect a 4…
Karachi: The AKD Cement Universe is expected to witness a significant earnings increase of 28% year-over-year in the third quarter of the fiscal year 2025, according to a recent projection. This growth is attributed to higher retention prices and redu…
Karachi: Bank Alfalah Limited (BAFL) disclosed its financial outcomes for the first quarter of the calendar year 2025, revealing a mixed performance with a notable cash payout. The bank reported a profit of PkR7.0 billion, translating to earnings per …
Karachi: The State Bank of Pakistan has announced updated credit limits for financial institutions, effective April 17, 2025. The revised limits set a ceiling of 57,000 for two institutions and a floor of 345,000 for an additional two institutions.
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