Business

Karachi: The Government of Pakistan successfully raised Rs114.347 billion through its third Hybrid Sukuk auction, attracting substantial investor interest in Shariah-compliant financial instruments. This marks the second issuance of such

Karachi: Pakistan Telecommunication Company Ltd. (PTC) has reported a significant increase in revenue for the first quarter of calendar year 2026. The company announced a 58% year-on-year increase in revenue,

Karachi: Local manufacturing and assembly of mobile phones in Pakistan saw a significant increase, with a 20% year-over-year rise in March 2026, according to the latest data from the Pakistan

Karachi: Lucky Cement Ltd. (LUCK) reported its financial results for the third quarter of fiscal year 2026, revealing a robust performance with unconsolidated earnings of PkR13.5 billion, consistent with the

Karachi: Jubilee General Insurance Company Ltd. (JGICL) reported a 14% year-on-year increase in profitability for the calendar year 2025, reaching PkR4.0 billion, with earnings per share (EPS) rising to PkR20.3

Karachi: Lucky Cement Limited reported a 6% year-on-year rise in its earnings per share for the third quarter of fiscal year 2026, despite falling short of industry expectations. The company’s

Karachi: The State Bank of Pakistan (SBP) has announced an increase in the policy rate by 100 basis points, bringing it to 11.5%. This move, set to take effect on