A delegation from the Pakistan Business Council (PBC), led by Chairperson Dr Zeelaf Munir, met with the International Monetary Fund (IMF) mission, including Head Ms Iva Petrova, to discuss Pakistan’s…
The seminar titled “Preventing Major Fire Incidents – Shared Responsibilities of All Stakeholders” was held in Islamabad by Safe T Consult in collaboration with the Trade Expeditors Professional Development Centre…
Senior leadership from Data Vault Pakistan, the country’s first sovereign AI data centre, held a high-level meeting with H.E. Ali Mustafa Dar, the newly appointed Advisor to Punjab Chief Minister…
In February 2026, the KSE-100 Index experienced a notably turbulent month, with a significant 16,112-point decline, ultimately closing at 168,062 points. This downturn can largely be attributed to a confluence…
· AKD Cement Universe profitability increased by 2%YoY in 2QFY26, primarily driven by sharp decline in finance cost · Companies with presence in the South region, i.e., LUCK and DGKC, reported…
Malik Khuda Bakhsh, President of the Pakistan Business Forum (Sindh Region) and Convener of the Energy Standing Committee of FPCCI, has raised serious concerns about a bill amending the Trade…
Saquib Fayyaz Magoon, Senior Vice President of the FPCCI, and Faisal Moiz Khan, President of NKATI, expressed unwavering support for Pakistan's Operation “Ghazab-Lil-Haq” in response to aggression from the Afghan…
Mughal Iron & Steel Industries Ltd (MUGHAL) announced its financial results earlier today, posting NPAT of PkR665mn (EPS: PkR1.80) for the quarter, up 3.2x YoY. However, the result falls below…
Engro Holdings reported a consolidated PAT of PKR 107bn (Owner’s share: PKR 56bn); EPS PKR 46.20 vs 26.78 last year. However, much of this increase is due to a one-off…
Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman of the National Business Group Pakistan, Chairman of the Policy Advisory Board of…
SSGC's Board of Directors has appointed Mr Muhammad Amin Rajput as the Company's Managing Director / Chief Executive Officer on a contract basis for a period of three years, with…
The Board of Directors of Wafi Energy Pakistan Limited (WEPL) announced the company’s financial results for the year ended December 31, 2025. The company reported a profit after tax of…
DIB Pakistan has partnered with Hakeem Easy Finance (Walee Financial Services) to digitise its Shariah-compliant personal finance process. The MoU designates WFS as the digital infrastructure partner, shifting DIB’s operations…
Engro Holdings Ltd. (ENGROH) announced its 4QCY25 results, reporting consolidated earnings of PkR13.6bn (EPS: PkR11.3) compared to PkR9.6bn (EPS: PkR8.0) in SPLY, up 41%YoY. Earnings came in above our expectations,…
The Hub Power Company (HUBC) held a corporate briefing today, revealing noteworthy updates on its operational and financial performance for the first half of fiscal year 2026 (1HFY26). The company…
Nishat Power Limited (NPL) reported 2QFY26 PAT of PKR 384mn, reversing a PKR 4,414mn loss in the same period last year, while Nishat Chunian Power Limited (NCPL) posted PAT of…
President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Rehan Hanif has categorically clarified its position regarding the proposed Trade Organizations Rules 2013 Amendment Bill, stating that the amendment is purely…
Pakistan Tobacco Company Ltd (PAKT), a subsidiary of British American Tobacco, holds a 36% market share. With illicit cigarettes accounting for 55% of the market, ongoing enforcement measures could enable…
The total liquid foreign reserves held by the country stood at US$ 21,407.7 million as of 20-Feb-2026. The breakdown of the foreign reserves position is as follows: Foreign reserves held…
Oil and Gas Development Company Limited (OGDC), Pakistan’s largest exploration and production company, on Thursday signed Petroleum Concession Agreements (PCAs) for five new exploration blocks awarded in the bidding round…
Standard Chartered Bank Pakistan Limited (SCBPL) delivered resilient financial performance, reporting a profit before tax of PKR 58.5bn, compared to PKR 100.6bn last year. Revenue was lower year on year…
Nishat Chunian Ltd. (NCL) announced its 2QFY26 results, reporting a loss of PkR22mn (LPS: PkR0.1) compared to profitability of PkR231mn (EPS: PkR1.0) in SPLY. The result was against our expectations…
Mega Motor Company (Private) Limited (MMC), official partner of BYD in Pakistan, has signed a financing agreement with British International Investment (BII), the UK’s development finance institution and impact investor,…
President Karachi Chamber of Commerce & Industry (KCCI) Rehan Hanif, while highly appreciating the Sindh Government’s landmark decision to reduce the Infrastructure Development Cess (IDC), termed it a major relief…
TCL, Pakistan’s top consumer electronics brand, has introduced an extended warranty for its Air Conditioner range, offering a 10-year compressor warranty and 5 years on major components such as the…