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…
Karachi: Barkat Frisian Agro is set to initiate its initial public offering (IPO) with a book building phase starting on February 17, targeting high net worth individuals and institutional investors. The phase will last until February 18, allowing the…
Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed appreciation for Prime Minister Shehbaz Sharif’s focus on reforms across various sectors, including those aimed at improving conditions for small and medium enterprises (SMEs)….
Karachi: Meezan Bank Ltd (MEBL) released its fourth quarter results for the calendar year 2024, reporting an unconsolidated net profit after tax of PKR 24.0 billion, or PKR 13.4 per share. This marks a decline of 9% year-over-year and 7% quarter-over-…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has officially voiced its opposition to the government’s proposed plan to advance trade body elections to 2025. Mr. Atif Ikram Sheikh, President of FPCCI, revealed that a co…