Business

SE Fruits Withdraws PSX IPO Application, Plans Fresh Filing With More Disclosures

SE Fruits and Vegetable Limited has decided to withdraw its existing initial public offering (IPO) application from the Pakistan Stock Exchange (PSX) process and submit a fresh application after revising its prospectus to include additional disclosures. The company announced the decision on Tuesday, saying its board of directors had approved changes to provide investors with…

Keep Reading
Business

Gold Prices in Pakistan Rise as Bullion Market Eyes Rs. 500,000 Level

Gold prices in Pakistan moved higher on Thursday as the precious metal gained ground in international markets, renewing expectations that local bullion rates could climb toward the Rs. 500,000 per tola mark again. According to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold settled at Rs. 435,036 per…

Keep Reading
Business

Pakistan Exports Surge 17.6% to $2.94 Billion in September 2026

Pakistan’s merchandise exports recorded a strong increase in September 2026, reaching $2.94 billion and marking a significant improvement compared with the same month last year. According to data shared by Adviser to the Finance Minister Khurram Shehzad, exports increased by 17.6 percent year-on-year from $2.50 billion in September 2025. The latest figures indicate a strong…

Keep Reading
Business

Citi Pharma Approves Rs. 2 Billion IPO for Veterinary Subsidiary

Citi Pharma Limited has announced plans to launch an initial public offering (IPO) for its wholly owned subsidiary, Citi Veterinary Pharma Limited. The company aims to raise between Rs. 1.0 billion and Rs. 2.0 billion through the offering. In a material information notice submitted to the Pakistan Stock Exchange on March 3, 2026, Citi Pharma…

Keep Reading
Business

PC Hospitality Appoints Two Resident Managers for Pre-Opening Hotels

PC Hospitality has announced the appointment of two experienced professionals as Resident Managers for its upcoming properties. Chaudhry Rameez will oversee operations at HotelOne Top City, while Muhammad Nadeem takes charge of HotelOne Gujranwala. Both bring extensive hospitality experience and leadership skills to guide the hotels through their pre-opening phase. These appointments underscore PC Hospitality’s…

Keep Reading