Pakistan Equities Gain Momentum as Habib Metro Bank Joins MSCI Frontier Markets Index
Pakistan sees a net gain in the latest MSCI semi annual rebalancing with Habib Metro Bank entering the Frontier Markets Index while small cap additions bolster the market.
Pakistan Petroleum Limited Achieves Breakthrough Production at Faiz X-1 Deep Well
PPL successfully commissions the Faiz X-1 Deep well in the Gambat South Block, adding 3.6 MMscfd of gas and 750 bpd of condensate to the national grid via cost-effective infrastructure.
State Bank of Pakistan Rejects All Bids in Fixed Rate Pakistan Investment Bonds Auction
The State Bank of Pakistan rejected all bids totaling over 900 billion rupees in the recent PIB auction as market participants sought higher yields amid inflation.
State Bank of Pakistan Increases Policy Rate to 11.5 Percent Amid Rising Global Inflation Risks
The State Bank of Pakistan has raised its benchmark policy rate by 100 basis points to 11.5 percent to counter inflation fueled by Middle East tensions and energy price hikes.
Arif Habib Consortium Bids for Final Government Stake in Pakistan International Airlines
A consortium led by Arif Habib has submitted a bid for the remaining 25 percent state share in PIA marking a move toward full private ownership of the national carrier.
Attock Cement Appoints Omer Ashraf as Chief Executive Officer Following Ownership Transition
Attock Cement confirms the appointment of Omer Ashraf as CEO starting May 2026 after Fauji Cement and KAPCO acquire a controlling stake in the company.
Amreli Steels Limited Board Recommends Authorized Share Capital Increase to Eight Billion
Amreli Steels Limited proposes a significant expansion of its authorized share capital from five billion to eight billion rupees to support future growth and operations.
BankIslami Q1 2026 Profit Plummets 65% as Securities Gains Collapse
BankIslami Pakistan reports a sharp decline in consolidated profit for Q1 2026, falling to Rs 903.88 million amid shrinking core margins and a 97% drop in securities gains.
Bank of Khyber Q1 2026 Profit Declines 36% Amid Shifting Interest Rates and Lower Trading Gains
The Bank of Khyber reports a net profit of Rs 1.02 billion for the first quarter of 2026, facing a sharp 36.65% decline due to compressed core margins and a collapse in securities gains.
Symmetry Group Subsidiary Iris Digital Secures Rs 1.5 Billion Service Agreement with Jazz
Iris Digital, a subsidiary of Symmetry Group, signs a three-year deal with Jazz for digital services, expected to generate Rs 500 million in annual revenue.