Mari Energies Reports Record Rs. 87.1 Billion Profit for FY2026, Announces Higher Dividend
Mari Energies Limited has posted its highest-ever annual profit, reporting a standalone net profit of Rs. 87.1 billion for the…
Tag: Pakistan economy
SECP Registers Record 5,438 New Companies in July as Pakistan’s Business Confidence Strengthens
Pakistan’s corporate sector reached a historic milestone as the Securities and Exchange Commission of Pakistan (SECP) recorded its highest-ever monthly…
Gold Prices Surge by Rs. 10,000 Per Tola in Pakistan Amid Global Market Rally
Gold prices in Pakistan witnessed a significant jump on Wednesday, with the precious metal becoming Rs. 10,000 more expensive per…
Pakistan Invites Japan to Co-Finance ML-1 Railway Project to Strengthen Infrastructure Partnership
Pakistan has formally invited the Japan International Cooperation Agency (JICA) to co-finance the Main Line-1 (ML-1) Railway Project, one of…
Sindh Drives 32% Surge in Pakistan’s Cotton Production Despite Slight Decline in Punjab
Pakistan’s cotton sector has recorded a strong start to the new harvesting season, with seed cotton (phutti) arrivals increasing by…
FBR Surpasses July Tax Target with Rs. 820 Billion Collection, Giving FY27 a Strong Start
Pakistan has kicked off the fiscal year 2026-27 on a positive financial note as the Federal Board of Revenue (FBR)…
Business Community Criticizes SBP for Keeping Interest Rate at 11.5%
Pakistan’s business community has expressed strong disappointment after the State Bank of Pakistan (SBP) decided to keep the policy interest…
JS Bank Complaint Leads to FIR Against Four Southland Flour Mill Partners Over Alleged Rs. 100 Million Loan Default
A criminal case has been registered against four partners of M/s Southland Flour Mill after JS Bank Limited accused them…
Gold Prices Continue to Fall in Pakistan as Global Market Weakness Pushes Rates Lower
Gold prices in Pakistan extended their downward trend on Friday, providing some relief to buyers as domestic bullion rates dropped…
Gold Prices Near Rs. 4.4 Lakh Per Tola Again as Pakistan Sees Fourth Consecutive Increase
Gold prices in Pakistan continued their upward trend on Wednesday, rising for the fourth consecutive day amid another increase in…
Oil Prices Surge Above $95 Per Barrel as US-Iran Tensions Shake Global Energy Markets
Global oil prices climbed above $95 per barrel on Wednesday as escalating tensions between the United States and Iran sparked…
FBR Proposes Independent Scrutiny Committees to Ensure Only Strong Tax Cases Reach Higher Courts
The Federal Board of Revenue (FBR) has proposed a significant reform aimed at improving Pakistan’s tax litigation process by ensuring…
SBP Expected to Hold Interest Rate at 11.5% as Market Sees Stable Monetary Policy
Pakistan’s financial markets are widely expecting the State Bank of Pakistan (SBP) to maintain its benchmark policy rate at 11.5…
Gold Prices Rise for Third Consecutive Day in Pakistan
Gold prices continued their upward trend in Pakistan on Monday, marking the third consecutive day of gains as international bullion…
FIA Arrests Former FESCO CEOs in Alleged Rs12 Billion Electricity Fraud Case
The Federal Investigation Agency (FIA) has arrested two former chief executive officers of the Faisalabad Electric Supply Company (FESCO) in…
Pakistan’s Foreign Direct Investment Drops 94% in June 2026
Pakistan witnessed a sharp decline in foreign investment as net Foreign Direct Investment (FDI) fell to just $14 million in…
Pakistan’s Textile Industry Faces Mounting Challenges as Export Growth Stalls
Pakistan’s textile sector, the country’s largest source of US dollar earnings, is facing increasing pressure as industry leaders call for…
