Pakistan’s Islamic banking industry is consistently growing, beating the odds of the economic slowdown, as it witnessed an all-time high… Read More
Gul Ahmed Textile Records Highest Ever Profit of Over Rs. 9 Billion in FY22
Gul Ahmed Ltd. recorded an all-time high consolidated profit during the fiscal year that ended on June 30th, 2022 (FY22).… Read More
NETSOL Posts a Massive 377% Increase in Profits in FY22
NETSOL Technologies has reported a massive profit of Rs. 913 million in the outgoing financial year 2021-2022 which is 377… Read More
Interloop Launches $100 Million Master Project to Increase Capacity
Pakistan’s leading textile company, Interloop Limited has launched a master project with a capital outlay of $100 million for upscaling… Read More
HBL Completes Takeover of its Foreign Subsidiary
Habib Bank Limited has acquired a 9.50 percent stake in Habib Allied Holding Limited (HAHL) at the cost of Rs.… Read More
PSX Lists Rs. 2.1 Billion Sukuk Certificates of TPL Corporation
Pakistan Stock Exchange (PSX) notified the listing of Privately Placed, Rated, and Secured Sukuk Certificates (SCs) of Rs. 2.190 billion… Read More
Current Account Deficit Shrinks to $0.7 Billion in August
The current account deficit in August reduced significantly to $0.703 billion in August as a result of the growth in… Read More
TPL REIT Partners With TASC Towers for Acquiring Telecom Tower Firm
TPL REIT Management Company Limited, a wholly-owned subsidiary of TPL Properties Limited, has entered into a strategic partnership with UAE-based… Read More
Govt Enhances Profit Rates on Naya Pakistan Certificates by Over 5%
The federal government has decided to enhance the profit rates of ‘Naya Pakistan Certificates’ (NPCs) and its Islamic version by… Read More
Govt Fails to Resume Mera Pakistan Mera Ghar Scheme
The federal government has failed to honor its commitment to resume the low-cost housing scheme, Mera Pakistan Mera Ghar disappointing… Read More
Interloop Records Highest Ever Profit of Over Rs. 12 Billion in FY22
Interloop Limited, a textile and garments exporter company, has recorded its highest-ever profit of more than Rs. 12.3 billion in… Read More
SBP Allows Flood Donations Through Home Remittance Channel
In order to facilitate overseas Pakistanis and foreign donors, the State Bank of Pakistan (SBP) has allowed the banks and… Read More