Fauji Fertilizer Company Limited (FFC) announced its financial results for 1QCY26, reporting a net profit of Rs. 17.5 billion (EPS:… Read More
Rupee Recovers Against Pound, Euro As It Nears 5-Month Win Streak Against Dollar
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 149th consecutive day on Tuesday. Meanwhile,… Read More
Pakistan’s Military Expenditure Rises 11% to $11.9 Billion in 2025
Pakistan’s military spending increased by 11 percent to $11.9 billion in 2025, driven largely by new weapons procurement following last… Read More
Action Against Cigarette Sector Allegedly Disrupted by Political Pressure on FBR Staff
Enforcement actions are allegedly being thwarted against tax-evading cigarette manufacturers linked to politically connected individuals in Pakistan. Inland Revenue sources… Read More
Askari Bank Posts Rs. 6.6 Billion Profit for Q1 2026, Down 8%
Askari Bank Limited (PSX: AKBL) reported a profit after tax of Rs. 6.6 billion (EPS: Rs. 4.54) for 1QCY26, down… Read More
Iranian Rial Gains Big Against US Dollar Despite War and Trump’s Sanctions
Iran’s Rial (IRR) has strengthened against the US dollar despite the ongoing war waged by the United States and Israel… Read More
Rupee Headed Towards 400 Against British Pound But Defeats US Dollar Again
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 148th consecutive day on Monday. Meanwhile,… Read More
Wartime Economy Forces SBP to Increase Interest Rate By 1%
The State Bank of Pakistan (SBP) has increased the policy rate by 100 basis points to 11.5 percent in today’s… Read More
Here’s Why Cement is So Expensive in Pakistan Despite Being Cheap to Make
The Competition Commission of Pakistan (CCP) has released a comprehensive sector study into problems faced by Pakistan’s cement industry and… Read More
These are the Top 10 Most Profitable Banks in Pakistan
The outgoing year proved to be an interesting one for the banking sector, which posted combined profits of Rs. 671… Read More
Pakistan Now Ranks Worst in South Asia for Petrol Prices Relative to Income
While fuel prices across South Asia remain almost similar in US dollar terms, Pakistan faces the most expensive fuel prices… Read More
Fauji Cement Posts Solid Profit Growth in 9 Months Despite 14% Quarterly Hit
Fauji Cement Company Limited (FCCL) announced its financial results for 9MFY26, posting a profit of Rs. 10.8 billion (EPS =… Read More
