business
National Refinery Eyes $1.2 Billion Upgrade to Transform Fuel Production
National Refinery upgrade targets Euro-5 petrol, modern base oils and lower furnace oil output as NRL studies a major investment amid rising crude costs. Copy
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Business
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business
SECP Moves to End Immediate PSX Alerts on Insiders’ Trades
SECP broker rules could end immediate PSX alerts on insider trades, extend filing deadlines to seven working days and exempt banks and insurers.
business
SECP Shuts 11 Audit Firms Out of Pakistan’s Big Lenders
SECP audit rules restrict lenders with Rs1 billion in assets to 20 approved firms, excluding 11 others from larger lending company audits.
business
Less Oil, Bigger Profit: Pakistan Oilfields Quarterly Earnings Surge 51%
Pakistan Oilfields profit jumps 51% to Rs8.19 billion in Q1 FY27 despite lower crude production, as higher prices and falling exploration costs lift earnings.
business
Congo, Solar, Chinese Cars: Lucky Cement Maps Its Next Big Bets
Lucky Cement expansion targets Congo's cement market, adds solar power in Karachi and brings Chinese GAC vehicles to Pakistan as the group pursues growth.
business
KSB Pumps Sales Double to Rs3bn, Rs250m Impairment Hits Profits
KSB Pumps report 107% sales growth to Rs3.02 billion, but a Rs250 million impairment loss and higher taxes limit quarterly profit growth to 15%.
business
FBR Sets 55% Tax Valuation for Copper Exporters’ Steel Scrap
FBR steel scrap valuation rules set a 55% benchmark for qualifying recycled-copper exporters, creating a new sales tax category for supplies to steel melters.
business
SLM Targets 75% Truck Tyre Market as Import Duty Hike Looms
Service Long March targets 75% of Pakistan's truck tyre market as import duties may rise to 27%, while rubber costs climb and Egypt exports expand.
business
UBL Costs Jump 66% as Profit Slides 13%, Missing Forecasts
UBL profit falls 13% to Rs30.6 billion in Q3 2026 as operating costs surge 66%, missing forecasts despite deposits reaching Rs6.5 trillion.
business
CCP Clears Nestlé Water Deal, Hides Crucial Financial Details
CCP approves Nestlé Water Deal as Pakistan's regulator leaves the acquisition price, Platinum Equity stake and bottled-water market share undisclosed. Copy
business
SBP Slaps 5% Cap on Islamic Banks’ Tawarruq Financing, Tightens Shariah Rules
SBP Tawarruq financing cap limits Islamic banks to 5% overall exposure and 10% consumer financing under new AAOIFI Shariah rules. Copy
business
Wahdat Profit Jumps 27%, But Flock Revaluation Did Heavy Lifting
Wahdat Profit Jumps 27%, But Flock Revaluation Did Heavy Lifting