Business

HUBCO's upstream expansion gains momentum as Lundali-1 starts producing 10 MMscfd of indigenous gas from the Sukkur-II concession for supply to SSGC.

Pakistan oil production surged 20% year-on-year, but exploratory drilling collapsed 65% as PPL reported a new gas discovery at Dolphin X-1.

Pakistan ranks 17th among 101 economies in the World Bank B-READY 2025 Business Entry category, scoring 86.64 as SECP launches new regulatory reforms.

Pakistan SME exports could gain fresh momentum from a Rs3 billion Risk Pool designed to expand export credit insurance and help smaller businesses enter global markets.

Pakistan’s seafood exports reportedly hit a record $568 million in FY2026, but conflicting PBS data raises questions over the headline figure. Meanwhile, officials believe value addition could eventually lift seafood exports toward $3 billion.

Pakistan is pushing agriculture toward high-value exports as the government targets processing, branding, certification and traceability to help achieve its $100 billion export ambition by 2035.

OGDC profit surged 43% to Rs242.37 billion in FY2026 from Rs169.90 billion a year earlier, while the company announced its highest-ever annual dividend of Rs17 per share, including a Rs6 final payout.

Pakistan has raised a record $3 billion through its largest-ever single Eurobond transaction after global investors placed nearly $6 billion in orders for the sovereign debt sale.

Pakistan OMC sales fell to 1.3 million tons in August as soaring fuel prices hammered demand, with diesel sales plunging 32% month-on-month.

Agriculture credit disbursement in Pakistan surged 24.7% to a record Rs3.23 trillion in FY26, while the number of outstanding borrowers increased just 4.8%.

Engro Fertilizers emerged as Pakistan’s top urea seller in August 2026, with sales surging 18% year-on-year to 327,000 tons as nationwide urea sales reached an estimated 702,000 tons.

OGDC has teamed up with US energy technology giant Baker Hughes to target higher production from 18 mature oil and gas assets as Pakistan looks to maximise indigenous energy supplies.

PACRA has joined forces with China's Lianhe Ratings Global as Pakistan looks to build on its historic Panda Bond debut and create a stronger pathway into China's domestic debt market.

Engro Corporation is preparing to end its 29-year association with EPCL after agreeing to sell its 56.19% stake to Lotte Chemical Pakistan for approximately Rs19.7 billion, while the buyer targets a commanding 73.69% holding in Pakistan’s sole domestic PVC producer.

Pakistan's chemical import bill crossed $1 billion in one month as fertilizer, pesticide and plastic costs climbed sharply, with some import volumes actually falling.

Lotte Chemical Pakistan plans to become Noventra Limited and double its authorized share capital to Rs40 billion, marking a major post-Lotte transformation.

SBP gold reserves surged 20% to Rs2.334 trillion in FY26 as soaring international bullion prices generated an unrealised appreciation of Rs389.074 billion.