Pak-Qatar Takaful Group posts net profit of Rs133mn
KARACHI: Pak-Qatar Takaful Group has registered an immense growth during the preceding year with an aggregate turnover of around Rs9 billion. The...
Engro’s third quarter profit rises 62pc YoY
LAHORE: Engro Corporation, on Monday, in a board of directors meeting held in Karachi approved its financial results for the quarter ended...
World stocks stumble as US yields near 3pc
LONDON: World stocks slipped on Monday as investors braced for a blizzard of earnings from the world’s largest firms, while keeping a...
ZTE market valuation cut by Chinese fund managers after US ban
BEIJING: Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms...
Subhani’s group to invest $3 billion in country’s real estate, energy and other sectors
LAHORE: Subhanis Group through its partner BMS International Commercial Investment is set to invest $3 billion in Pakistan’s real estate sector, energy,...
Asian stocks slip due to high yields, as oil prices remain high
SYDNEY: Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations while keeping a...
FBR seeks major raise in FED on sale of cigarettes
KARACHI: The Federal Board of Revenue has recommended a massive rise increase in federal excise duty (FED) on the sale of cigarettes...
Companies seeking listing on PSX have declined in last year: Report
KARACHI: Entities jostling for a potential initial public offering (IPO) on the Pakistan Stock Exchange have fallen in the last one year,...
Oil prices dip on increasing U.S rig count
SINGAPORE: Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country’s output, underlining...
Abraaj Group rattled as investors seek clarity on investments
According to sources close to the case, the Dubai-based ‘Abraaj Group’ is stalling the sale of its North African hospitals business as...
Budget is being prepared to trap next government in financial difficulties: expertsÂ
ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...
Oil prices stabilize, after Trump’s tweet criticizing OPEC
NEW YORK: Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump’s criticism of OPEC’s...
Market Daily: KSE 100 down 812.52 points WoW basis
LAHORE: The KSE 100 index continued its northbound move during early trading as inertia from the previous session kept bulls in control...
FBR suspends notices issued to builders, developers
KARACHI:Â Federal Board of Revenue (FBR) Director General Broadening of Tax Base (BTB) Tanveer Malik, on the request of Association of Builders and...
Pakistan among top 5 countries in infrastructure investment worldwide
ISLAMABAD: Pakistan has become one of top five countries across the globe in Private Infrastructure Investment (PPI) during the year 2017 as...