Mari Energies posts strong 3QFY25 earnings
Mari Energies Ltd. (MARI) has announced its financial results for the third quarter of FY25, reporting a net profit after tax (NPAT) of PKR 15.9 billion (EPS: PKR 13.25). This…
Globalization as modern neocolonialism undermines Muslim intellectual autonomy: Dr. Anis Ahmad
Globalisation today reflects a modern form of neo-colonialism that is deeply embedded in global institutions, media, and academia. These domains serve as key instruments for the continued projection of hegemonic…
Daraz Pakistan and Unity Retail join forces to simplify delivery for businesses across Pakistan
Daraz Pakistan has entered into a strategic partnership with Unity Retail, Pakistan’s leading e-commerce enablement platform, to simplify and digitise logistics operations for major brands across the country. This collaboration…
UN delegation applauds community initiatives at Thar Block II
A high-level United Nations delegation, led by MPA Qasim Siraj Soomro, visited Thar Block II and appreciated community development initiatives that have improved the lives of Tharis. The delegation, comprising…
Natalie Baker highlights trade, investment, and business opportunities on Karachi visit
U.S. Chargé d'Affaires Natalie Baker visited Karachi April 23-24 to boost trade ties and strengthen business partnerships between the United States and Pakistan. During her visit, CDA Baker met with…
IPAK GROUP posts strong Q3 results!
International Packaging Films Limited (IPAK) Group has recorded 66% increase in its revenues for the nine-month period ended March 31, 2025, demonstrating a strong trajectory of both topline expansion and…
Millat Tractors’ 3QFY25 profit drops 56% amid weak tractor sales
Millat Tractors Limited (MTL) announced its earnings results today for 3QFY25. The company reported an unconsolidated profit of Rs 1.3 billion and earnings per share (EPS) of Rs 7.24. This…
FCCL has announced its 3QFY25 financial result
Fauji Cement Company Ltd. (FCCL) has announced its 3QFY25 financial results, with a net profit after tax (NPAT) of PKR 2.1 billion, translating to an earnings per share (EPS) of…
Fatima Fertilizer Company has announced its 1QCY25
Fatima Fertilizer Company Ltd. (FATIMA) has announced its 1QCY25 financial results, reporting consolidated earnings of PKR 8.4 billion (EPS: PKR 3.99), remaining flat year-over-year. Key Highlights: - Revenue: PKR 52.0…
Gulftaine posts exceptional growth and remarkable achievements for 2024.
Gulftainer, a leading international provider of supply chain and logistics solutions, with a global footprint of ports, terminals, warehouses, and transport facilities, has announced exceptional growth and remarkable achievements for…
Faysal Bank unveils financial results for March 2025
Faysal Bank Limited (FBL) demonstrated resilient financial performance, reporting a Profit Before Tax (PBT) of PKR 11.1 billion on a standalone basis and a net profit of PKR 5.1 billion.…
Financial system’s performance and resilience remained intact: SBP
The State Bank of Pakistan (SBP) has issued its annual flagship publication, Financial Stability Review (FSR), for the year 2024. The Review is prepared and published in terms of requirements…
Arts Council of Pakistan Karachi pays tribute to Dr. Haroon Ahmed
The Arts Council of Pakistan, Karachi, organised a tribute ceremony in honour of the eminent psychiatrist and Human rights activist Dr Haroon Ahmed at Auditorium II. The event was attended…
DP World sourced 65% of its electricity from renewables in 2024,
DP World sourced 65% of its electricity from renewable sources in 2024, marking a significant step forward in the company’s sustainability journey. The milestone is featured in DP World’s latest…
Efert xploring the possibility of exporting urea, subject to government approval.
Engro Fertilizers Limited (EFERT) conducted its analyst briefing on 24th Apr’25 to discuss the company’s performance for the 1QCY25 and future outlook. Brief Takeaways The company reported a profit after…
Pahalgam attack and subsequent Indian actions part of recurring strategy, not isolated incident: Experts
The Pahalgam incident and India’s subsequent unilateral measures did not happen in isolation but as part of a deliberate and recurring strategy to reshape regional dynamics to Pakistan’s detriment. The…
Saeed Ghani highlights the need for modern technology to boost textile exports
The 23rd edition of IGATEX PAKISTAN, one of the largest textile and garment machinery exhibitions in South Asia, opened its doors today at the Karachi Expo Centre. The three-day event,…
SBP reserves decreased by US$ 367 million
The total liquid foreign reserves held by the country stood at US$ 15,436.0 million as of 18-Apr-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
Textile exporters seek counter strategy on U.S. Tariff Impact
Federal Minister for Planning, Development and Special Initiatives, Prof. Ahsan Iqbal, and Federal Minister for Defence, Khawaja Muhammad Asif, have pledged to raise the critical concerns of exporters at the highest levels…
PM’s visit to Turkiye was welcomed by KATI
Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has welcomed Prime Minister Shehbaz Sharif’s official visit to Turkiye, calling it a positive and timely development for…
Fertiliser supply disrupted due to Sindh blockades may lead to national food security
Pakistan’s fertilizer supply chain is facing severe disruptions as ongoing sit-ins and road blockades in Sindh have choked critical transport routes, stranding thousands of trucks and halting industrial operations. Among…
Pakistan and Türkiye boost economic and strategic ties
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
Riphah International University honored with Dual Accolades
Riphah International University has once again cemented its status as a national leader in higher education by receiving two prestigious titles—“Iconic Brand in Pakistan” and “Leading Brand in Pakistan”—at the…
Pahalgam attack is an Indian conspiracy
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, on Thursday strongly condemned the recent terrorist attack in the Pahalgam region…
Avanceon is pre-qualified for 13 projects globally, with a total estimated value of approximately US$180mn
Avanceon Ltd. (AVN) held its analyst briefing today to discuss the company's financial results for CY24 and its future outlook. Following are the key points. The company posted a topline…
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