Sazgar Engineering Works Limited (PSX: SAZEW) announced its financial results for the half year that ended on December 31st, 2022,… Read More
Rupee Ends Dramatic Week With Gains Against US Dollar Despite No Deal With IMF
The Pakistani rupee (PKR) surprised markets and gained further against the dollar during interbank trade on Friday, rising as high… Read More
Transparency International Asks CM Punjab to Review EOI for Waste to Energy Project in Lahore
Transparency International Pakistan has asked Chief Minister Punjab to review the Expression of Interest (EOI) for the Waste to Energy… Read More
Acute Petrol Shortage to Hit Pakistan Next Week
Refineries warned on Thursday that a petrol crisis could hit the country by mid-February if the government fails to resolve… Read More
Pakistan’s Economy Can be Sustainable Only After Adopting Reforms: World Bank
Pakistan’s economy can grow sustainably only if the country introduces productivity-enhancing reforms that facilitate a better allocation of resources into… Read More
Engro Fertilizers’ Profit Decline by 24% in 2022 Despite Q4 Growth
Engro Fertilizers Limited (PSX: EFERT) has reported a profit after tax (PAT) of Rs. 16 billion in the calendar year… Read More
FrieslandCampina Engro Pakistan Announces Highest Annual Ever Sales in 2022
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the year ending December 31, 2022. The company’s profit after… Read More
Rupee Jumps 2nd Day in a Row Against US Dollar With Markets Hopeful for IMF Nod
The Pakistani rupee (PKR) gained further against the dollar during interbank trade on Thursday, rising as high as 268 against… Read More
Rupee Posts Massive Gains Against Major Currencies As IMF Talks Progress
The Pakistani rupee (PKR) reversed losses against the dollar during interbank trade on Wednesday, rising as high as 271.5 against… Read More
MCB Bank Posts Highest-Ever Profit
MCB Bank has posted its highest-ever profit of Rs. 32.7 billion in 2022 with a growth of 6.3 percent from… Read More
Pakistan to Repay Foreign Debt of $22 Billion in Next 12 Months
Pakistan is scheduled to repay nearly $22 billion in foreign debt and interest over the next 12 months in order… Read More
Debt Re-profiling Under IMF Watch More Viable, Restructuring is Bad News
External debt repayments are like a loaded cannon pointed directly at Pakistan and the country should opt for debt re-profiling… Read More
