Air Link Communication Limited, a Pakistani technology firm, said on Friday that its wholly owned subsidiary, Select Technologies Limited, intends to launch an Initial Public Offering (IPO) and seek listing on the Pakistan Stock Exchange (PSX). The technology firm shared the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “The Board of Directors of Air Link Communicat
The Sensitive Price Index-based inflation for the week ending March 11, 2026, increased by 1.89 percent, mainly due to a 20.60 percent rise in petrol prices and a 19.54 percent increase in diesel prices. According to the Pakistan Bureau of Statistic (PBS), on a Week on Week (WoW) basis, Liquefied Petroleum Gas (LPG) price went up by 12.13 percent, onions 9.63 percent, bananas 1.44 percent, whea
The annual audited financial statements of Soneri Bank Limited for the year ended 31 December 2025 were approved by the shareholders of the Bank in their 34th AGM held in Lahore and through video-link via Zoom on Thursday. The meeting was chaired by Amin A. Feerasta - Chairman of the Board, with Muhtashim Ahmad Ashai - President and Chief Executive Officer and other members of the Board of Dire
Engro Holdings Limited said on Friday that its subsidiary, Engro Corporation Limited, received a non-binding offer from Lotte Chemical to buy about 56.19% shareholding of Engro Polymer & Chemicals Limited (EPCL). The company disclosed in a notice to the Pakistan Stock Exchange (PSX) today. “At its meeting held on March 12, 2026, the Board of Engro Corp considered the offer and authorised the
Oil prices settled up about 9 percent on Thursday, at their highest in nearly four years, as Iran stepped up attacks on oil and transport facilities across the Middle East, and the country’s supreme leader vowed to keep the vital Strait of Hormuz shut. Brent futures settled at USD100.46 a barrel, up USD8.48, or 9.2 percent, after touching a session high of USD101.60. US West Texas Intermediate