First Dawood completes first building
Company likely invested Rs80-90 million in the new project, with the objective of receiving Shariah compliant rental income
From textile seth to freelancer: the evolution of Bilal Fibres
The mill shut down a long time ago, but the sponsors of Bilal Fibres now want to move into the kind of services business that has recently taken off in Pakistan
Electricity generation finally stabilizing after two years of declines
Government policy may finally be encouraging more use of grid electricity by industrial users
The growing corp of the Pakistani Businessman-Diplomat
The world has changed dramatically in the past few years. The relationship between businesses and foreign governments have become blurry. Where does Pakistan’s business leadership fit in this equation?
Falling in line
After one of their employees was arrested for an anti-government tirade, Qarshi was accused of firing him and became the focus of a boycott campaign. Their response was complete silence. We’re not surprised
Will Pakistani shoppers return to Daraz as Temu’s tax-induced price surge backfires?
New e-commerce taxation policies are reshaping Pakistan's digital marketplace, with consumers abandoning Chinese platform Temu
AKD-led consortium buys majority stake in Pearl Continental Hotels
It is not yet clear if the Hashwanis will be conceding management control or if this is a passive interest
JS to consolidate energy investment vehicles
Move could signal a commitment to consolidate disparate energy initiatives under one roof
Energy majors dominate mutual-fund portfolios as OGDC, PPL and PSO soak up fresh flows
Index-heavy names take up the bulk of new cash flowing into equity mutual funds, but some funds have surprising picks
Attock Refinery: cash-rich, policy-ready and poised for a once-in-a-generation upgrade
The fortress balance sheet gives the company a distinct advantage in pursuing the kind of capital expenditures that have eluded some of its competitors
Dewan Cement adds solar power to its energy mix
Company joins loud chorus of Pakistani industrial entities looking to set up their own solar energy generation capabilities
Cement sector expected to see profits soar 38% in most recent quarter
Topline Securities anticipates that declining interest rates and rising pricing ability will help the sector improve margins and boost profitability
Bawany Air Products to resume production
Company was out of commission for about three years and has clawed its way back from the dead
Dost Steel reaches restructuring agreement with lenders
Company will pay down Rs2 billion worth of debt over the next four years in equal installments after receiving an equity injection from new investors
Legal battle casts shadow on cement recovery
The industry has kept itself afloat despite consistently falling domestic demand. Could an unfavourable verdict change the shape of the industry forever?