News & Updates

News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

Engro Fertilizers’ Profit up 145% to Rs. 10.8 Billion in Q1

Engro Fertilizers Limited (PSX: EFERT) announced the financial result for for the first quarter ended March 31, 2024 (1Q...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

Meezan Bank Posts Rs. 25 Billion Profit For Q1 2024

Meezan Bank Limited (PSX: MEBL) has announced a profit after tax (PAT) of Rs. 25 billion, depicting an increase of 65 pe...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

Finance Minister Rules Out Any Significant Drop in PKR Value in 2024

Finance Minister Muhammad Aurangzeb is confident that the Pakistani Rupee (PKR) will remain stable and won’t devalue mor...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

SECP Directs Listed Companies to Disclose Gender Pay Gap Data

The Securities and Exchange Commission of Pakistan (SECP) has issued a directive for listed companies to include a state...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

Mari Petroleum Discovers More Gas in Sindh

Mari Petroleum Company Limited (PSX: MARI or MPCL) has discovered gas at its third appraisal well in the Ghazij formatio...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

Philip Morris Urges Govt to Take Stern Action to Tackle Prevalence of Illicit Cigarettes

Philip Morris Pakistan Limited (PMPK) has underscored the urgency for immediate measures to tackle the escalating presen...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

No Respite As Pak Rupee Falls 4th Day in a Row Against US Dollar

The Pakistani rupee fell 4th day in a row against the US Dollar after opening trade at 279 in the interbank market. It w...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

IMF Projects Govt Expenditure to Increase Significantly in 2024

The International Monetary Fund (IMF) has projected a significant increase of 0.7 percent in the government expenditure...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

Pakistan’s Inflation Deceleration Broad-Based: SBP Governor

State Bank of Pakistan (SBP) Governor Jameel Ahmad said that the deceleration in inflation in the country is broad-based...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

Pakistan’s Petroleum Imports Surge 25% to $1.5 Billion in March 2024

Pakistan’s petroleum imports rose 25 percent to $1.5 billion in March 2024 compared to imports of $1.2 billion reported...

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News Update

18

Apr 2024

Apr 18, 2024 • 5 min read

FPCCI Wavies 50% Membership Fee of Women Chambers

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) waived off a 50 percent membership fee for women’s c...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Export of Surplus Sugar Contingent on Local Price Stability: Minister

The Federal Minister for Industries & Production, Rana Tanveer Hussain chaired a meeting of the Sugar Advisory Board (SA...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

World Bank, Pakistan Agree to Implement 10-Year Rolling Framework Plan

The Federal Minister for Finance & Revenue Muhammad Aurangzeb on Tuesday held a meeting with President World Bank Group...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Pak Rupee Loses Further Ground Against US Dollar 3rd Day in a Row

The Pakistani rupee fell third day in a row against the US Dollar after opening trade at 278 in the interbank market. It...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Engro Fertilizers Appoints Ali Rathore As New CEO

Engro Fertilizers Limited (PSX: EFERT) has appointed Ali Rathore as the new Chief Executive Officer with effect from Apr...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

SECP Files Criminal Complaint Against 2 Individuals For Insider-Trading

Based on an investigation conducted under the Securities Act, 2015, the SECP has filed a criminal complaint against two...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Finance Division Directs Ministries to Ensure 3-Month Notice for Voluntary Retirement Cases

Finance Division has asked all the Principal Accounting Officers (PAOs), retiring officers and officials to ensure three...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

PM Invites Shanghai Electric Group to Expand Its Coal Mining Projects in Pakistan

Prime Minister Shehbaz Sharif Wednesday invited China’s Shanghai Electric Group to expand its coal mining projects in Pa...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Pakistan Needs to Do More to Control Inflation: IMF

Monetary policy has been tightening over the past two or three years in Pakistan to control inflation, which is projecte...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Govt Demands Explanation from Fauji Fertilizer for Urea Price Hike

The federal government has asked Fauji Fertilizer Company Limited (PSX: FCC) to explain why it raised urea prices on Apr...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Pakistan Solar Association Says FESCO Is Violating Solar Net Metering Rules

Pakistan Solar Association (PSA) has raised objections to recent directives issued by Faisalabad Electric Supply Company...

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