SBP’s FX reserves increased by US$ 19 million
The country's total liquid foreign reserves stood at US$ 26,833.0 million as of 16-Oct-2026. The break-up of the foreign reserves position is as under: Foreign reserves held by the State…
Ufone and Telenor Pakistan partner with PTA for ‘Zero Trust Cybersecurity’
Ufone & Telenor Pakistan, in collaboration with the Pakistan Telecommunication Authority (PTA), hosted an executive knowledge-sharing workshop, titled “Zero Trust in a Hyperconnected Telecom Environment”, at their Headquarters to discuss…
Meezan Bank partners with UNIDO-ITPO Bahrain, ICEI to support MSMEs
Meezan Bank has signed two exchanges of letters with UNIDO-ITPO Bahrain and the International Center for Entrepreneurship and Innovation (ICEI) to support startups, women and youth entrepreneurs, and micro, small…
MCB posts robust 9M 2026 earnings, declares Rs27/share dividend
MCB Bank Limited reported a strong financial performance for the nine months ended September 30, 2026, driven by higher earnings, strong deposit growth, and balance sheet expansion. The Bank posted…
AI is now a defining ethical challenge for the accountancy profession
In line with Global Ethics Day observed on 21 October, the latest survey by ACCA (the Association of Chartered Certified Accountants) has shown a dramatic increase in the number of…
Faysal Bank reports strong growth for 9MCY26
Faysal Bank Limited (FBL) reported strong performance for the nine months ended September 30, 2026, with profit before tax of PKR 31.3 billion, profit after tax of PKR 15.2 billion,…
OGDC starts gas and condensate production at Bitrism East-1 Well, Khairpur, Sindh
Oil & Gas Development Company Limited (OGDC) has begun producing gas and condensate from its Bitrism East-1 exploratory well in Khairpur district, Sindh province, marking significant progress in bringing new…
OPPO unveils Find X10 Series globally; Pakistan launch of Pro Max expected soon
OPPO has unveiled its flagship Find X10 Series at a global launch event in Mallorca, Spain, with the top-end Find X10 Pro Max expected to arrive in Pakistan soon. The…
HUBC likely to post Rs9.64/share EPS in 1QFY27, says AHCML Research
Hub Power Company Limited (HUBC) is expected to report earnings per share (EPS) of Rs9.64 for the first quarter ended September 30, 2026, up 7.5 percent year-on-year, according to a…
Fertilizer offtakes surge 42% in September as Rabi season demand builds
Fertilizer offtakes surge 42% in September as Rabi season demand builds; AKD Securities remains bullish on sector. Fertilizer offtakes posted a strong recovery in September 2026, driven by channel inventory…
Mashreq has launched NEO BIZ in Pakistan
Mashreq, one of the Middle East and North Africa (MENA) region’s leading financial institutions, launched NEO BIZ, a digital banking solution tailored for small and medium-sized enterprises (SMEs) and self-employed…
Saudi Arabia shows resilience and new opportunities at the Jeddah congress
Saudi Arabia showcases resilience and new prospects at the Saudi Maritime and Logistics Congress in Jeddah, highlighting significant maritime strength and industry partnerships. Since the start of 2026, Saudi Arabia…
US FDA approves GSK’s new hepatitis B Drug
The US Food and Drug Administration (FDA) has approved British pharmaceutical company GSK’s hepatitis B drug Hibsago, giving patients with the chronic liver infection a chance to keep the virus…
KPT facilitated the arrival and discharge of 179 electric buses at the port
Karachi Port Trust (KPT) facilitated the arrival and discharge of 179 electric buses (EVs) from Yingkou, China, aboard MV RUINING 6, which berthed at Karachi Gateway Terminal Multipurpose Limited (KGTML)…
Exorbitant increase in LPG prices is burdensome for households and industry
Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum, has raised alarms about rising LPG prices, which have soared to Rs500–600 per kilogram in various markets, far above…
AGTL delivers strong turnaround as revenue and profitability surge
Al-Ghazi Tractors Limited (AGTL) delivered a strong turnaround during the nine months ended September 30, 2026, as improving operational momentum translated into significantly stronger financial performance. Tractor sales increased 60%…
PSW, PHDEC partner to boost digital readiness of horticulture exporters
Pakistan Single Window (PSW) and the Pakistan Horticulture Development and Export Company (PHDEC) have signed a Memorandum of Understanding (MoU) to strengthen the digital trade readiness of Pakistan's horticulture sector…
Zong shines at Asian Innovation Excellence Awards 2026
Zong has won four awards in the telecommunications category at the Asian Innovation Excellence Awards 2026 held in Singapore, reinforcing its position as a leading technology services enterprise in Pakistan.…
Cherat Cement likely to post higher 1QFY27 earnings on stronger local sales: AL Habib Research
Cherat Cement Company Limited (CHCC) is expected to report a profit after tax of PKR 2.19 billion (EPS: PKR 11.29) for the first quarter of FY27, reflecting an increase of…
NRL AGM: Refinery upgrade plans under review as crude sourcing challenges persist, says AHL
National Refinery Limited (NRL) reported a gross refining margin (GRM) of US$11.95 per barrel for FY26, supported by positive margins on petrol, diesel and lube base oils, while losses on…
PRL posts record FY26 profit, reassesses upgrade project: AHL
Pakistan Refinery Limited (PRL) reported its highest-ever profit after tax of PKR 15.8 billion in FY26, driven by strong operational performance and record production of key refined products, AHL Research…
Saudi Maritime & Logistics Congress Opens in Jeddah today
The Saudi Maritime & Logistics Congress opens today at the Jeddah Superdome, bringing together government officials, shipping executives, port operators, logistics providers and investors to discuss the future of global…
Lucky Cement sees stronger FY27 demand
Lucky Cement Limited (LUCK) expects domestic cement demand to strengthen in FY27, driven by housing-sector incentives, infrastructure spending, and lower financing costs, according to insights shared during a corporate briefing,…
Bank Alfalah Legends Arena to promote breast cancer awareness
In recognition of Pinktober Breast Cancer Awareness Month, Bank Alfalah Legends Arena partnered with TAMS to host a padel tournament on October 17, 2026. The event aimed to raise awareness…
Attock Cement’s profit rises 29% in 1QFY27; AHCML maintains positive outlook
Attock Cement Pakistan Limited (ACPL) posted a 29% year-on-year increase in profit after tax to Rs1.08 billion for the quarter ended September 30, 2026, compared with Rs834.7 million in the…