Pakistan’s stock market faced heavy selling pressure on Friday as the Pakistan Stock Exchange witnessed…
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Engro Fertilizers’ 2025 Profit Falls 20% Despite Higher Sales
Engro Fertilizers Limited (PSX: EFERT) has reported a 20 percent year-on-year (YoY) decline in profit-after-tax (PAT) for 2025, even as sales volumes remained strong. According to the company’s financial results, PAT stood at Rs. 22.6 billion (EPS: Rs. 16.95) for the full year 2025, reflecting a notable drop compared to the previous year. 4Q2025 Performance […]
Climate Ministry Defends Removal of Paper Mulberry Trees in Islamabad
Pakistan’s Ministry of Climate Change has informed the Islamabad High Court (IHC) that paper mulberry trees are categorized as a non-native species, making their removal legally permissible under current environmental guidelines. The clarification came in a written reply submitted during ongoing court proceedings concerning tree cutting activities in the federal capital. The case has drawn […]
PSL 11 Player Auction Timings Revealed
The Pakistan Cricket Board (PCB) has officially confirmed the timings and key details for the Pakistan Super League (PSL) 11 Player Auction, scheduled to take place at 11:00 AM on Wednesday, February 11, 2026, at Lahore’s Expo Center. The announcement comes amid major developments in the league’s structure ahead of the 2026 season. The Expo […]
Police Bust Fake Medicines Factory in Karachi
Law enforcement authorities in Karachi have uncovered an illegal medicines manufacturing operation, arresting three workers and seizing a large quantity of counterfeit pharmaceutical products. The raid marks a significant step in efforts to curb the circulation of fake medicines that pose serious risks to public health. According to police officials, the operation was carried out […]
Zakat Department Approves Widow Support Card for Financial Assistance
The Zakat Department has approved the launch of a Widow Support Card aimed at providing direct financial assistance to widows. Officials confirmed that the program is scheduled to be rolled out later this month as part of broader welfare initiatives. Under the scheme, eligible widows will receive regular financial support funded through Zakat collections. The […]
PSX Slips Below 185,000 as KSE-100 Suffers Steep 3,700-Point Decline
Pakistan’s stock market faced heavy selling pressure on Friday as the Pakistan Stock Exchange witnessed one of its sharpest single-day declines in recent sessions, pushing the benchmark index below a key psychological level. The KSE-100 Index closed at 184,129 points after plunging 3,702 points, marking a decline of nearly 2 percent. The downturn reflected widespread […]
China Reaffirms Support for Pakistan Against Terrorism Amid Security Concerns
China has reaffirmed its unwavering support for Pakistan in combating terrorism, following a key meeting between Chinese Ambassador Jiang Zedong and Pakistan’s Interior Minister Mohsin Naqvi. The discussions focused on the security situation in Balochistan and recent terrorist attacks targeting citizens and security forces. Ambassador Zedong strongly condemned the attacks, offering condolences to affected families […]
Pakistan and Kazakhstan Set $1 Billion Trade Target to Strengthen Economic Ties
Pakistan and Kazakhstan have agreed on an ambitious goal to raise their bilateral trade volume to $1 billion, signaling a renewed push to deepen economic cooperation between the two countries. The commitment was highlighted during a high-profile state visit by Kazakh President Kassym-Jomart Tokayev to Islamabad, aimed at expanding trade, investment, and strategic collaboration. President […]
Banks to Remain Closed on February 5 for Kashmir Day
The State Bank of Pakistan (SBP) has announced that it, along with all commercial banks, will remain closed on Thursday, February 5, 2026, in observance of Kashmir Day. In an official circular issued on Tuesday, the SBP stated, “The State Bank of Pakistan will remain closed on Thursday, February 5, 2026, being a public holiday […]
Pakistan’s Urea Sales Set to Hit Six-Year Low After Record December Performance
Pakistan’s urea sales are projected to fall sharply in January 2026, marking the lowest monthly off-take in over six years. According to research by Topline Securities, the decline follows record-breaking purchases in December, combined with tapering seasonal demand and reduced manufacturer discounts. The sector research highlights that fertilizer sales slowed dramatically both month-on-month (MoM) and […]