Oil Prices Spike Above $95 After US Rejects Iran Talks
Global oil prices surged on Wednesday, with Brent crude climbing above $95 per barrel, after the United States said Iran
S&P Upgrades Pakistan’s Credit Rating to ‘B’ With Stable Outlook
Pakistan has secured a sovereign credit rating upgrade from S&P Global Ratings, which raised the country’s long-term foreign and local
Mughal Iron Fully Repays Rs. 2.5 Billion Islamic Bond
Mughal Iron & Steel Industries Limited (PSX: MUGHALC) has fully repaid its Rs. 2.5 billion Sukuk-V, clearing the Islamic debt
International Packaging Films Invests Rs. 1.4 Billion to Strengthen High-End Packaging Business
International Packaging Films Limited (PSX: IPAK) has approved a Rs. 1.4 billion investment to expand its production capacity for value-added
New Investors Take 25% Stake in Sakrand Sugar
Sakrand Sugar Mills Limited (PSX: SKRS) has completed the transfer of a 25 percent equity stake to incoming investors, marking
Gold Price in Pakistan Jumps Rs. 4,600 Per Tola
Gold prices in Pakistan surged on Wednesday, tracking gains in the international market, with the price of the precious metal
UBL Profit Jumps 33% to Rs. 85.9 Billion as Deposits Hit Record Rs. 6.1 Trillion
United Bank Limited (PSX: UBL) posted its highest-ever half-year deposit base while reporting a 33 percent year-on-year (YoY) increase in
Govt Urges Samsung to Export Locally Made Smartphones From Pakistan
The government has invited Samsung to transform Pakistan into a regional manufacturing and export hub for smartphones, encouraging the South
UBL to Invest Rs. 40 Billion in Three Major Sectors Beyond Banking
United Bank Limited (UBL) has approved a strategic investment plan of up to Rs. 40 billion spanning agriculture technology, microfinance,
FBR to Block Weak Tax Cases From Reaching Higher Courts
The Federal Board of Revenue (FBR) has proposed a new system to stop weak tax cases from reaching Pakistan’s higher
