Fauji Cement Company Limited, which is one of the biggest cement manufacturers, has announced its financial results for the quarter… Read More
Fauji Foods Losses Increase By 63% in 9 Months of 2022 Despite Higher Sales
Fauji Foods Limited (FFL), the company behind Nurpur milk, has announced its financial results for the nine months that ended… Read More
Rupee Gains 2nd Day in a Row Against US Dollar After FATF Decision
The Pakistani Rupee (PKR) rose further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
Dar Rejects Withdrawal of ‘Neglible’ Tax on IT Exports
Finance Minister Ishaq Dar has rejected the IT industry’s demand to dismiss a ‘negligible’ tax on services in order to… Read More
PTA Fails to Recover Huge Fines on Telcos Imposed in 2020-2021
Pakistan Telecommunication Authority failed to recover more than Rs. 58 million in fines from telecom operators, it is learned reliably… Read More
Saudi Arabia to Install $12 Billion Aramco Oil Refinery Unit in Gwadar
Saudi Arabia has decided to build a $12 billion Saudi Aramco Oil Refinery unit in Balochistan’s Gwadar district. Well-informed sources… Read More
PSX Stocks Rally After FATF Decision [Updated]
The Pakistan Stock Exchange (PSX) rallied in the week’s opening trading session after the Financial Action Task Force (FATF) removed… Read More
GSK Declares ‘Force Majeure’ On Panadol Production Amid Rising Raw Material Prices
GlaxoSmithKline Consumer Healthcare, a subsidiary of GlaxoSmithKline Consumer Healthcare B.V, has declared a force majeure in the production of Panadol… Read More
Hum Network Subsidiary Partners With GS Group for $50 Million Tech Fund
Hum Network Ltd announced on Thursday that Hum Network FZ LLC, a wholly-owned subsidiary of the media giant, has entered… Read More
Rupee Breaks 7-Day Losing Streak Against US Dollar On ADB News
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
ADB Approves $1.5 Billion For Social Protection, Food Security in Pakistan
The Asian Development Bank (ADB) has approved $1.5 billion in financing to help the Government of Pakistan provide social protection,… Read More
Oil & Gas Sector Earnings Likely to Grow by 46% On High Oil Prices and Dollar Dominance
Oil and gas sector earnings are projected to increase during 1QFY23 primarily because of higher oil prices, elevated dollar indexation,… Read More
