K-Electric is planning to invest $350m to improve its transmission and distribution network
So far the cost of floods is estimated at $0.5 billion by Sept 7. The eventual cost could reach $1.5 to $2bn.
The oil marketing company was able to outpace the industry’s growth of 8pc due to aggressive retail expansion, but
MINUTES after the start of trading at the Karachi stock market on Friday, the benchmark KSE-100 index shot up by a...
Three parties have finally gone beyond the EoIs for the acquisition of a controlling stake in the country’s capital
Engro Foods’ ice cream business witnessed its highest-ever sales of Rs1.2bn in the second quarter, ...
Most market strategists agree that credit rating in a developing country like Pakistan is a ‘hazardous minefield’....
The free flow of foreign funds into the Pakistan bourses has been the major reason for the KSE-100 index gain of 3pc.
The power company would be less vulnerable to rising circular debt because of its ability to pass on incremental debt
The sale price corresponded to an enterprise value (EV) of 100pc at $329m. The deal is subject to adjustments specified
The heavyweight OGDCL posted good gains of R5.01, which alone accounted for addition of around 85 points to the index.
Some market players attribute the equities’ good performance to rising foreign portfolio investment, the country’...
Habib Insurance has extended the scope of the traditional fire, marine and motor insurance business in an innovative way
Fertiliser units affected by the cess hike are engaged in talks with the finance ministry.
KARACHI: The increase in Gas Infrastructure Development Cess (GIDC) for different sectors went into effect from...
According to SBP data, textile exports declined by 3pc to $1.14bn in May, from $1.17bn in April.
KARACHI: The government secondary public offering (SPO) of 70.06 million shares in Pakistan Petroleum Limited (PPL)...
Analysts noted the floor price was placed at around 4pc discount to the Wednesday’s market closing price of the PPL.
During the first 10 months of the current fiscal, as few as 15 blue chip companies earned a big profit-after-tax of
CCoP approved SPO of 70.05 million shares from the government held equity in Pakistan Petroleum Limited (PPL).