Investment Trends

Sunday, June 1 2025

MCB’s New Strategy: Safe Bonds, Less Lending

Business Desk April 24, 2025

MCB Bank has released its first-quarter 2025 results, revealing a 10% year-on-year decline in pre-tax profits. However, staying consistent with […]

FDI Growth in Pakistan: What’s Behind the Numbers?

Web Desk March 26, 2025

Pakistan’s foreign direct investment (FDI) saw a 41% year-on-year increase in the first eight months of FY25, reaching $1.618 billion. […]

Foreign Firms Repatriate $2.215B, Highest In 6 Years

Web Desk July 29, 2024

In the fiscal year 2023-24, foreign firms operating in Pakistan have achieved a record high in repatriating profits and dividends, […]

Indus Motors Company Loses Embezzlement Appeal, Executive Acquitted

May 30, 2025 Nizam Khaskheli

In a significant blow to M/s Indus Motors Company Limited, the High Court of Sindh at Karachi today dismissed its appeal to overturn the acquittal of former senior executive Tariq Mehboob Cheema. Mr. Cheema, accused of criminal breach of trust and fraud causing losses of over Rs. 8.5 million, has been fully acquitted, with the […]

News

Priyanka Devi Acquitted in U.S. Visa Fraud Case: Court Cites Legal Flaws

May 30, 2025 Nizam Khaskheli

Today, the High Court of Sindh at Karachi acquitted Ms. Priyanka Devi of a conviction under Section 471 of the Pakistan Penal Code (PPC), which pertains to using a forged document as genuine. The decision overturns an earlier judgment by the Additional Sessions Judge-II, Karachi (South), which had upheld Ms. Devi’s conviction but altered her […]

News

Beach Luxury Holdings merger greenlit by High Court

May 29, 2025 Nizam Khaskheli

In a significant move for the Pakistani corporate landscape, the High Court of Sindh, Karachi, has sanctioned a complex Scheme of Amalgamation involving Beach Luxury Holdings (Pvt.) Ltd. and its associated companies, Spencer & Company (Pvt.) Ltd. and Physons (Pvt.) Ltd.. The order, issued on April 24, 2025, by Justice Adnan Iqbal Chaudhry, approves a […]

Business

National Foods Limited wins customs duty and sales tax exemption

May 28, 2025 Nizam Khaskheli

In a ruling that could ease the path for industrial development within its Special Economic Zones (SEZs), the High Court of Sindh at Karachi has sided with National Foods Limited, overturning earlier decisions that denied the company customs duty and sales tax exemptions on imported prefabricated building structures. The judgment, issued on May 12, 2025, […]

News

ICI Pakistan reprimanded as court rejects photocopy evidence

May 27, 2025 Nizam Khaskheli

In a significant ruling handed down on February 17, 2025, the High Court of Sindh at Karachi dismissed an application by ICI Pakistan Limited (now Lucky Core Industries Ltd.) to introduce secondary evidence in a 2015 lawsuit seeking to recover over Rs. 26.5 million from Al Abid Silk Mills Limited. The court’s decision hinged on […]

News

Porsche wins $1.9M suit against Performance Automotive

May 26, 2025 Nizam Khaskheli

In a significant decision for international commerce and arbitration, the High Court of Sindh at Karachi has recognized and moved to enforce a foreign arbitral award in favor of Porsche Middle East and Africa FZE against Performance Automotive (Pvt.) Ltd.. The judgment, issued on May 19, 2025, by Justice Muhammad Osman Ali Hadi, underscores Pakistan’s […]

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