Karachi: MARI Energies Limited (MARI) held its Analyst Briefing today to discuss its financial performance and outlook. To recall, the company reported standalone earnings of Rs46.3bn for 9MFY25, down 10% YoY, translating into an EPS of Rs38.56. The decline was primarily driven by lower volumes and higher royalty and additional
Karachi: The Karachi Stock Exchange’s KSE100 index reached an all-time high, closing at 125,627.31, marking a significant daily increase of 1,248.24 points or 1.00%. The KSE30 index also saw a rise, ending the day at 38,153.79 with a gain of 238.06 points or 0.63%. According to JS Global, the market’s
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), announced that Mr. Syed Aftab Haider, CEO of Pakistan Single Window (PSW), visited Federation House to deliver a briefing and engage in a consultative session focused on the government’s initiatives to digitize and
Karachi: In a significant achievement, Standard Chartered Pakistan has been recognized with two prestigious awards in June 2025, acknowledging its exceptional contributions to diversity and inclusion in the workplace. The Employer’s Federation of Pakistan awarded the bank the Women Empowerment and Gender Equality Diamond Recognition Award, highlighting its commitment to
Karachi: Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has strongly opposed the federal government’s decision to increase gas prices for the industrial sector, bulk consumers, and the power sector from July 1st, labeling it as ‘disastrous’ for Pakistan’s struggling economy. According to Korangi Association of
Karachi: The latest figures released show slight changes in the foreign currency exchange rates in Pakistan. The rupee’s value against several major currencies exhibited minor fluctuations, reflecting the ongoing adjustments in the foreign exchange market. According to Exchange Companies Association of Pakistan, the US Dollar was valued at 284.83 for
Karachi: Ambassador of the Socialist Republic of Vietnam, Mr. Pham Anh Tuan, has expressed Vietnam’s keen interest in strengthening trade and economic relations with Pakistan, as bilateral trade between the two countries approaches the US$1 billion mark. Speaking during his first official visit to the Karachi Chamber of Commerce and
Karachi: The Pakistan Business Council (PBC) board is pleased to announce the appointment of Mr. Javed Kureishi as its new Chief Executive Officer. Mr. Kureishi is a seasoned Citibanker with 34 years of leadership experience across Pakistan, Egypt, South Africa, the Czech Republic, the UAE, and Singapore. He has held