ISLAMABAD: Pakistan is poised to receive up to $40 billion in financing from the World Bank over the next 10 years under a new Country Partnership Framework (CPF). This initiative aims to foster sustainable economic growth and development through long…
Karachi: Fertilizer sales in Pakistan experienced significant declines in January 2024, primarily due to advance procurement by farmers in the previous month. Urea sales fell 27% year-on-year to 446,000 tons, marking a considerable drop attributed to …
Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh…
HUB, Pakistan: The industrial sector in Hub, a pivotal manufacturing area, has announced an emergency strike scheduled for February 20, 2025, in response to persistent water shortages. The decision follows repeated, yet unresolved complaints to local …
Karachi: Fertilizer sales in Pakistan experienced significant declines in January 2024, primarily due to advance procurement by farmers in the previous month. Urea sales fell 27% year-on-year to 446,000 tons, marking a considerable drop attributed to …
Karachi: In a significant boost to Pakistan’s economy, the International Finance Corporation (IFC) has announced plans to invest $2 billion annually in the country’s infrastructure and key sectors. The announcement comes amid a flurry of economic deve…