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Business news in Pakistan in Urdu, latest business trends & startups.

FFC

Fauji Fertilizer Co. Surges with 35% YoY Profit Growth

Fauji Fertilizer Company Limited (FFC) has revealed its financial performance for the six-month period ending June 30, 2023 (1HCY23). The company's consolidated...

SAR to PKR exchange rate on 20th July 2023 in the Pakistan open market.

The Saudi Riyal to Pakistani Rupee exchange rate has experienced notable fluctuations, affecting both interbank and open market rates. Let's explore the...

SBP Reserves Surpass $8.7 Billion with $4.2 Billion Jump

The State Bank of Pakistan (SBP) reported a staggering surge of more than 90% in its foreign exchange reserves on a weekly...
NBP Bank

Ishaq Dar’s Committee to Interview NBP President Candidates

A committee headed by Finance Minister Ishaq Dar is set to conduct interviews for the position of President of the National Bank...

Sitara Peroxide Limited Temporarily Suspends Production Activities

Sitara Peroxide Limited (PSX: SPL) has made the decision to temporarily halt its production activities for a period of two weeks, as...
FBR-tax-PP

FBR Exceeds July 2023 Revenue Target by Rs. 2 Billion

The Federal Board of Revenue (FBR) achieved a significant milestone by provisionally collecting net revenue of Rs. 536 billion in July 2023,...

Pakistan’s Petroleum Imports Surge under Saudi Oil Facility

Pakistan witnessed a significant surge in petroleum imports from Saudi Arabia, reaching $1.182 billion during the fiscal year 2022-23, far surpassing the...

BankIslami Announces Rizwan Ata as New President and CEO

The board of directors of BankIslami has decided to promote Rizwan Ata, a senior member of the bank's team, to the position...
Gold Biscuits

Decrease in Gold Price Falls to Rs. 204,000 in Pakistan

The price of gold in Pakistan witnessed a minor decrease on Wednesday, closing at Rs. 204,000 per tola. According to data released...
SBP

SBP’s Robust Financial System Performance in 2022

The State Bank of Pakistan (SBP) has released its annual flagship publication, the Financial Stability Review (FSR) for CY22. This review provides...