Economy
EIB evinces interest in financing Pakistan’s key projects
ISLAMABAD: Minister for Economic Affairs Ahad Khan Cheema has praised the European Investment Bank for its loan of 50 million Euros allocated for the rehabilitation of…
ISLAMABAD: Minister for Economic Affairs Ahad Khan Cheema has praised the European Investment Bank for its loan of 50 million Euros allocated for the rehabilitation of…
Staff Report:The KSE-100 index rose by 491 points (0.63%) on Wednesday, closing at 78,848 after reaching an intraday high of 534 points. This positive momentum followed…
Staff Report:Pakistan’s urea sales for August 2024 are expected to reach 560k tons, reflecting a 14% year-over-year decline compared to 650k tons in August 2023. Similarly,…
Staff Report:The National Bank of Pakistan (NBP) held its corporate briefing on Wednesday to discuss its 1H2024 financial results and future outlook. NBP has recorded a…
Staff Report: Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.21 million tons in August 2024, representing a 14% year-on-year (YoY) decrease, primarily due to the…
Staff ReportAccording to the detailed annual accounts, production from the Shewa-2 well (North Waziristan) is set to begin soon, with estimated gas volumes of up to…
Staff ReportPakistan’s listed banks’ profitability reached Rs137 billion, up 4% year-on-year (YoY) in Q2 2024. Excluding the National Bank (NBP), profitability increased by 26% YoY in…
Islamabad: A meeting was convened today with representatives from refineries and top-performing Oil Marketing Companies (OMCs) to discuss and adopt a strategy to address the issues…
Karachi: In a remarkable step towards incentivizing sustainable agricultural and community uplift practices, Shan Foods has unveiled Growing Flavor, an initiative curated and developed within the…
ISLAMABAD, September 04, 2024: Oil & Gas Development Company Limited (OGDCL), Pakistan’s leading oil and gas exploration company, on Wednesday announced its official membership in the…