Higher gains on securities: UBL’s profit up 12% during Jan-March United Bank Limited (UBL), one of the country’s largest commercial banks, posted consolidated earnings of Rs16.14... Updated 17 Apr, 2024 02:41pm
Business & Finance Attock Cement completes expansion of production capacity by 1.28mn tons Attock Cement Pakistan Limited (ACPL), a subsidiary of Pharaon Investment Group Limited Holding S.A.L, Lebanon, said... Updated 16 Apr, 2024 06:50pm
Markets ‘Leak of corporate data’: Cyber-attack hits Pak Suzuki Motor Company Company says its data related to HR, financials port out to public IP Updated 15 Apr, 2024 09:01pm
Business & Finance Bank Alfalah submits public intention to acquire majority stake in Samba Bank Bank Alfalah Limited, one of Pakistan’s largest commercial banks, has submitted a public intention to acquire a... Updated 15 Apr, 2024 10:44pm
Markets Another record high: KSE-100 closes 230 points higher despite early selling pressure The KSE-100 Index closed the trading session on Monday in the green as it recovered from the selling pressure... Updated 15 Apr, 2024 05:43pm
Technology Acquisition of Telenor Pakistan: PTCL says IFC approves $400mn debt financing The Board of Directors (BoD) of International Finance Corporation (IFC) – a member of the World Bank Group – has... Updated 08 Apr, 2024 10:33pm
Markets 2023: Pak Suzuki bleeds Rs10.07bn in losses as sales plunge Pak Suzuki Motor Company (PSMC) sustained massive losses to the tune of Rs10.07 billion in 2023 due to a steep... Updated 08 Apr, 2024 10:33pm
Markets OGDCL discovers tight gas reserves in Sindh Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has... Updated 08 Apr, 2024 04:50pm
Markets PSX to be closed on Friday (April 5, 2024) Pakistan Stock Exchange Limited (PSX) will remain closed on Friday, April 05, 2024 on account of Jumua-tul-Wida. “It... Published 02 Apr, 2024 02:27pm
Business & Finance Captain Muhammad Mahmood (retd) appointed PTCL chairman The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) has appointed Captain Muhammad Mahmood... Updated 01 Apr, 2024 06:48pm
Markets KSE-100 retreats from record high but still closes above 67,000 The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 closed lower on Friday as traders took a breather after the... Updated 29 Mar, 2024 09:15pm
Business & Finance SBP clears Nassir Salim’s appointment as HBL President & CEO The State Bank of Pakistan (SBP) has given in-principle clearance for the appointment of Muhammad Nassir Salim as... Updated 29 Mar, 2024 10:14pm
Business & Finance PABC’s profit jumps nearly 86%, stands at Rs5bn in 2023 Pakistan Aluminium Beverage Cans Limited (PABC) posted a profit-after-tax of Rs5.02 billion in 2023, an increase of... Updated 29 Mar, 2024 04:42pm
Pakistan Aurangzeb eyes fresh staff-level agreement with IMF by end of this fiscal year Finance minister says imposition of super tax, windfall tax not sustainable Updated 29 Mar, 2024 10:37pm
Business & Finance Bank Alfalah’s eyes majority stake in Samba Bank Limited Bank Alfalah Limited, one of Pakistan’s largest commercial banks, has expressed its intention to acquire a majority... Updated 29 Mar, 2024 10:15pm
Business & Finance Maple Leaf acquires further shareholding in Agritech Limited Maple Leaf Cement Factory Ltd (MLCF), a Kohinoor Textile Mills Limited subsidiary, has acquired 6 million voting... Published 28 Mar, 2024 12:10pm
Markets KSE-100 settles at 67,142, highest closing in history Experts attribute rally to advancement on privatisation and IMF fronts Updated 28 Mar, 2024 09:16pm
Business & Finance Engro Fertilizers to extend Rs5bn intercompany loan to EPCL Engro Fertilizers Limited (EFERT), a wholly owned subsidiary of Engro Corporation Limited, will extend a Rs5 billion... Updated 27 Mar, 2024 08:28pm
Business & Finance MCB Bank gets SBP’s green signal to commence Exchange Company operations MCB Bank Limited, one of the largest commercial banks in the country, has received approval of the State Bank of... Updated 27 Mar, 2024 08:43pm
Business & Finance Board gives nod to PIA privatisation plan The Board of Directors (BoD) of Pakistan International Airlines (PIA) has approved the privatisation and... Updated 26 Mar, 2024 09:48pm
Markets OGDCL discovers gas reserves in Khyber-Pakhtunkhwa Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P)... Updated 26 Mar, 2024 10:05pm
Markets KSE-100 extends losses amid selling pressure The Pakistan Stock Exchange (PSX) endured another negative session on Friday as its benchmark KSE-100 closed 266... Updated 22 Mar, 2024 09:41pm
Business & Finance Fatima Fertilizer’s profit jumps 56% in 2023 Fatima Fertilizer Company Limited has reported a profit after tax of Rs23 billion during the year 2023, an increase... Updated 22 Mar, 2024 09:41pm
Markets KSE-100 retreats as profit-taking kicks in at 66,000 level The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index lost steam during trading on Thursday as investors... Updated 21 Mar, 2024 05:54pm
Markets Gul Ahmed says will install a 17.1MW rooftop solar plant Gul Ahmed Textile Mills Limited (GATM), one of the country’s largest textile mills, announced that it will install a... Updated 21 Mar, 2024 09:56pm
Business & Finance Chashma Sugar Mills to set up ethanol manufacturing facility Chashma Sugar Mills Limited (CHAS), one of the largest sugar mills in the country, has announced to set-up an... Updated 19 Mar, 2024 10:14pm
Markets Stocks stage comeback, KSE-100 gains nearly 1% Benchmark index settles at 65,502.60 level Updated 19 Mar, 2024 10:23pm
Markets Abdul Qayoom appointed CEO Engro Polymer & Chemicals Limited Engro Polymer & Chemicals Limited (EPCL) has appointed Abdul Qayoom as Chief Executive Officer (CEO) of the... Updated 15 Mar, 2024 01:54pm
Markets Pakistan’s Maple Leaf Cement subsidiary to construct $110mn hospital in Islamabad Novacare Hospitals (Private) Limited, a subsidiary of Maple Leaf Cement Factory Limited (MLCF), will construct a... Updated 11 Mar, 2024 06:41pm
Markets SSGC incurs massive loss of Rs9.3bn in 6MFY23 After much delay, Sui Southern Gas Company (SSGC) made public its accounts for the first half of fiscal year 2022-23... Updated 11 Mar, 2024 10:54pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees