KARACHI, Aug 1,2026: The benchmark KSE-100 Index fell 2.3% month-on-month (MoM) in July as rising geopolitical tensions between the United States and Iran pushed global oil prices higher and weakened investor sentiment. Meanwhile, Pakistan’s inflation eased slightly. The Consumer Price Index (CPI) stood at 11.07% in June 2026, compared with …
Read More »KARACHI, July 31: Arif Habib Limited (AHL) has warned investors against a fraudulent online campaign falsely claiming the company has launched an artificial intelligence (AI)-based investment platform offering guaranteed weekly returns of up to Rs500,000. In a notice submitted to the Pakistan Stock Exchange (PSX) on Friday, AHL said a …
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KARACHI, July 30, 2026: Engro Fertilizers Limited (EFERT) reported a 32% year-on-year decline in consolidated profit for the second quarter of 2026, although earnings exceeded market expectations due to a one-off gain related to the Sindh Infrastructure Development Cess (SIDC). The company posted a quarterly profit of Rs3.8 billion, translating …
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KARACHI, July 30, 2026: Bank Alfalah Limited (BAFL) reported a 39.6% year-on-year increase in profit after tax for the first half of 2026, supported by higher capital gains, improved net interest income, and growth in non-funded income. The bank said its board of directors approved the financial results for the …
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KARACHI:July 29,2026: The United Arab Emirates’ suspension of visas for Pakistani nationals is disrupting Pakistan’s exports and international trade, said Ismail Suttar, Founder Chairman of the Salt Manufacturers Association of Pakistan (SMAP). Suttar said the UAE is currently not issuing visas to Pakistani citizens under any category. As a result, …
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KARACHI,July 26,2026: North Karachi Association of Trade & Industry (NKATI) President Faisal Moiz Khan has urged the government to reconsider its decision to revise petroleum prices daily. He warned that the policy could seriously affect Pakistan’s industrial sector, exports, and overall economy if authorities fail to review it immediately. In …
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KARACHI, July 18,2026: Standard Chartered Pakistan has won the Euromoney Award for Pakistan’s Best Mortgage Bank, recognizing its leadership in home financing and client-focused mortgage services. The award highlights the bank’s commitment to helping clients achieve home ownership while building long-term financial security. The recognition comes as Pakistan continues to …
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KARACHI, July 13,2026: Standard Chartered Pakistan has appointed Adil Salahuddin as its Chief Executive Officer and Head of Coverage, subject to regulatory and statutory approvals. Announcing the appointment, Rola Abu Manneh, Chief Executive Officer for UAE, Middle East and Pakistan at Standard Chartered, said Pakistan remains one of the bank’s …
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KARACHI July 13,2026: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to take immediate steps to protect Pakistan’s economy, trade and industry from the impact of renewed tensions between the United States and Iran. FPCCI President Atif Ikram Sheikh expressed concern over the …
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KARACHI, July 7,2026: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said Pakistan will introduce an AI-driven tax administration system that will issue tax notices with minimal human intervention. He also projected remittance inflows of $41-42 billion during the current fiscal year. Speaking at the Pakistan Banking Summit …
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