Karachi: AGP Limited is projected to report a substantial increase in its first-quarter earnings for the calendar year 2025, as per an analysis by JS Global. The pharmaceutical company is expected to post consolidated earnings of Rs861 million, markin…
Islamabad: The federal government has announced a significant policy shift to promote the electric vehicle (EV) sector by setting a reduced base tariff of Rs 39.70 per unit for electricity consumed at EV charging stations. Operators of these stations …
KARACHI: Ethiopia’s Ambassador to Pakistan, Dr. Jemal Beker Abdula, has announced an upcoming exhibition in Ethiopia that will showcase Pakistani products from May 15 to 17, 2025. The event is intended to open avenues for Pakistani goods in the broade…
Karachi: Habib Bank Limited (HBL) unveiled its financial performance for the first quarter of the calendar year 2025, showcasing a noteworthy profit increase driven by higher net interest income (NII). The bank reported a profit of PKR 16.6 billion, t…
Karachi: The profitability of Pakistan’s textile sector is anticipated to decline by 12% year-on-year in the third quarter of fiscal year 2025, according to a report by AKD Securities Limited. The decrease is primarily attributed to reduced gross marg…
Karachi: Daraz Pakistan has announced a strategic partnership with Unity Retail to streamline logistics operations for major brands across the nation. This collaboration marks a new chapter for Daraz as it extends its logistics services beyond its cor…
Toulouse: Saudia Group has finalized a significant agreement with Airbus to acquire up to 20 new A330neo wide-body aircraft, a move poised to enhance air connectivity and economic ties with Pakistan. The agreement includes 10 firm orders for flyadeal,…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Kamal Limited at ‘A/A1’, indicating good credit quality and a strong likelihood of timely repayment of short-term obligations. The outlook for these ratings remains stable…