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Business

Petrol price increase in Pakistan expected as global energy prices surge amid Middle East tensions

Petrol Price Increase in Pakistan: Rs70 Hike Likely as Global Prices Surge

Focus Pakistan2026-04-30

ISLAMABAD: A substantial petrol price increase in Pakistan in the coming week seems imminent for Pakistan, with reports of an estimated hike of Rs50-Rs70 per liter of oil being witnessed due to rising geopolitical issues in the Middle East and the subsequent impact on the supply chain. The upcoming weekly review of fuel prices may ... Read more

Pakistan's Weekly Oil Import reaches $800m

Pakistan’s Weekly Oil Import Bill Triples to $800mn: PM Shehbaz Sharif

Focus Pakistan2026-04-30

The cost of energy imports for Pakistan is now in very bad shape. The Pakistani Prime Minister, Mr. Shehbaz Sharif, announced that the cost of Pakistan’s Weekly Oil Import has risen to about $800 million, more than twice what Pakistan was paying before the current Middle Eastern conflict erupted. Addressing the federal cabinet meeting, the ... Read more

Global energy prices 2026 surge shown by oil refinery and supply shock amid Strait of Hormuz disruption and World Bank energy forecast

Global Energy Prices to Jump 24% in 2026 as Oil Shock Threatens Economy: World Bank

Focus Pakistan2026-04-29

Washington: In the latest World Bank global energy price 2026 outlook, energy prices are expected to climb by 24 percent in 2026, representing the peak price levels since the Russian invasion of Ukraine in 2022. On average, commodity prices are projected to rise by 16 percent in 2026 due to the rise in energy and ... Read more

Cnergyico profit 2026 showing strong earnings growth and improved refinery margins in Pakistan

Cnergyico Swings from Rs1.1bn Loss to Rs17.7bn Profit in 9 Months

Focus Pakistan2026-04-28

KARACHI: Cnergyico Pk Limited announced a net profit of Rs17.7 billion in the first nine months of the current fiscal year ending on March 31, 2026, which is an outstanding achievement considering the net loss of Rs1.1 billion it had posted during the same period in the previous fiscal year. The turnaround of Rs19 billion ... Read more

Indus Motor profit growth driven by Toyota vehicle production in Pakistan

Indus Motor Profit Jumps 53% as Toyota Sales Surge in Pakistan

Focus Pakistan2026-04-28

KARACHI – Indus Motor Company Limited (IMC) has declared its financial results for the period commencing on July 1, 2025, till March 31, 2026, revealing a marked growth in its sales and margins due to macroeconomic factors prevailing in the market. The company’s performance was outstanding with regard to volumes, with the number of units ... Read more

Allied Bank Earns Rs6.6bn Profit in Q1 2026

Focus Pakistan2026-04-28

Allied Bank Limited (AKBL), at the beginning of the new year (2026) has posted a profit after tax during the first calendar quarter 2026 of Rupees 6.6 Billion, which results in an earnings per share (EPS) of Rupees 4.54. This decrease of 8% from the prior year’s first quarter result, but a strong, significantly, 37% ... Read more

Fauji Cement Profit Rises 15% to Rs. 10.8 Billion as Finance Cost Crashes 56%

Focus Pakistan2026-04-25

KARACHI: KARACHI: Fauji Cement profit climbed 15% to Rs10.8 billion in the first nine months of FY26, as lower finance costs and steady demand helped the company deliver strong earnings despite economic headwinds. The company has recorded a net income of Rs. 10.8 billion, which is a rise by 15% from the previous year’s figures ... Read more

PSX Jumps 1,498 Points on Iran–US Talks Optimism, Investors Cheer Relief Rally

Focus Pakistan2026-04-25

KARACHI: The country’s stock market bounced back significantly Friday, with renewed diplomatic moves by Iran and the United States helping boost market sentiments and fueling a buying spree among major stocks. KSE-100 Index, which is the primary index of Pakistan’s stock market, appreciated by 1,498 points and reached 170,672 points, bouncing back from a sharp ... Read more