Chenab finally announces financial results for June 2024. What took so long?
After a court battle for restructuring, the textile exporter and manufacturer is trying to bring back its glory days
A rate cut is inevitable, but how much is it going to be?
Market speculates a 200bps reduction in December 16 meeting
Red flags galore at Al Shaheer as Sunridge calls for an election
Amidst board room meltdown, Sunridge tries to bring some normalcy to the company
Treet continues its struggle, despite some favourable tailwinds
The company’s razor blade division continues its sluggish growth, but even the battery division has failed to take advantage of the skyrocketing demand for rooftop solar energy systems in Pakistan
One year on from Regent Plaza sale to SIUT, hotel’s parent company bows out from PSX
The hotel owners are going to be delisted from the exchange after completing all formalities. It puts an end to a sale that raised questions about how business is done and announcements made on the PSX. Â
In 2000, the SECP passed an order. It took 24 years for the IHC to uphold it
The Islamabad High Court has ruled in favour of the apex regulator and the investing public. But is this a case of too little too late, or better late than never?
SBP has changed its stance on MDR; here is what you need to know
Institutional depositors to negotiate their own rates, Islamic Banks mandated to give better returns
EFG Hermes completes merger with domestic brokerage
Egyptian investment bank has merged its subsidiary in Pakistan with Intermarket Securities
Interloop aiming to hit $700 million in revenue by 2026
Interloop Limited (ILP), one of Pakistan’s largest publicly listed textile firms, is charting an ambitious growth trajectory, aiming to hit $700 million...
NEPRA alerts power division: Fuel costs may surge under winter electricity package
NEPRA stated that increased electricity consumption under the scheme could push fuel charges beyond Rs. 26 per unit.
Jazz amasses $1 billion in revenues on back of its digital operator strategy
The recent strategic shift for the telco giant has paid dividends with a 20% EBITDA growth
Banks are starting to charge a monthly fee on high value deposits. How will it work and who will it affect?
A number of banks have introduced a new monthly fee targeting high-value deposits. This will help them reduce deposits and improve their advance-to-deposit ratio (ADR). This is how it will work.Â
Govt greenlights policy to sell 35% of future gas discoveries to private companies
The move is one among a series of decisions by the incumbent Shehbaz administration that seek to privatise much of Pakistan’s natural resources.
The landmark IHC ruling that could change how Pakistan’s pharmaceutical industry works
The landmark ruling could redefine the balance between consumer protection and industry viability, enabling drug manufacturers to sustain the supply of essential medicines amidst rising production costs.
Samba Bank sale process terminated yet again
Saudi National Bank halts sale of Samba Bank stake in Pakistan