Bank Al Habib Limited posted a profit after tax of Rs. 18.70 billion, showing a modest increase of 5 percent… Read More
UBL Wants to Acquire Telenor Microfinance Bank
United Bank Limited (UBL) has also shown its interest in the acquisition of Telenor Microfinance Bank through the purchase of… Read More
Pakistan Receives Much-awaited Tranche of Over $1 Billion from IMF
Pakistan has received a much-awaited tranche of over $1 billion from International Monetary Fund (IMF), according to the State Bank… Read More
Interloop to Invest $100 Million in Apparel Project to Meet Rising Demand
Interloop Limited has planned to invest $100 million in its apparel project mainly to enhance the production capacity to meet… Read More
No Gas Supply Cripples Karachi’s Industries Affecting $3 Billion Investments
The cold weather severely impacted the business and industrial activities in Karachi, the commercial hub of Pakistan, as it witnessed… Read More
Askari Bank’s Assets and Deposits Surge To Over Rs. 1 Trillion
Askari Bank has joined the league of banks with over Rs. 1 trillion in assets and deposits. It is the… Read More
UBL Wants to Acquire Samba Bank
Samba Bank Limited is in the limelight again for attracting interest from a leading bank of the country — United… Read More
Foreign Investors Pull Out $350 Million from Treasury Bills During First Half of FY22
Foreign investors pulled out more than $350 million investment from the Treasury Bills and Pakistan Investment Bonds (PIBs) during the… Read More
Secure Logistics Group to Raise Rs. 1.5 Billion With IPO at PSX
Secure Logistics Group Limited (SLG) has applied to be listed on the Pakistan Stock Exchange (PSX) to raise equity of… Read More
Current Account Deficit Surges Over $9 Billion in H-1 FY22
The current account deficit has continued to balloon in recent months due to the higher import bill, surging over $9… Read More
State Life Insurance to Issue Over Rs. 100 Billion Claims to Policyholders
The State Life Insurance Corporation concluded a healthy year of business with a handsome claim of over Rs. 100 billion,… Read More
SBP Policy Negatively Affected Trade With Afghanistan and Central Asian Countries
Trade with Afghanistan and the Central Asian Republic has been badly affected due to policy revision by the State Bank… Read More
