International Finance Corporation (IFC) , a member of the World Bank Group, is providing $66 million, and mobilizing a further… Read More
Banks Continue to Deny Services To Police, Lawyers, Political Workers
Some bankers are openly refusing to provide banking services to politicians, policemen, media persons and lawyers in spite of repeated… Read More
Pakistani Hospital to Implant Devices Worth Millions for Poor Heart Patients
A Pakistani hospital based in Karachi, National Institute of Cardiovascular Diseases (NICVD) has announced free implants of life-saving devices for… Read More
Haveli Bahadur Shah Power Plant Conducts First Fire Test
The National Power Parks Management Company Limited (NPPMCL), GE and SEPCOIII Electric Power Construction Corporation have achieved a critical milestone… Read More
Bahria Town Gets Green Signal to Acquire Escorts Bank
Securities and Exchange Commission of Pakistan (SECP) has given a green signal to Bahria Two to acquire 71.16% stakes as… Read More
Allied Bank Limited Suffers Massive Dip in Profits for Q1 2017
Allied Bank of Pakistan (ABL), like many other major banks in the country, witnessed a decline in their profitability. Its… Read More
Govt Borrows Rs. 575 Billion From Banks & Financial Institutions
Government is borrowing funds from commercial banks and financial institutions, recording an increase of Rs 574 billion in borrowing over… Read More
Petroleum Prices Expected To Rise Again
Petroleum products prices are likely to continue their upward revision in the coming months in line with global market of… Read More
MCB Bank Profits Drop By 3.6% for Q1 2017
MCB Bank has posted a negative profit growth of 3.6 percent in the first quarter of 2017. The bank is… Read More
Pak Suzuki Profits Jump By 37% in Q1 2017
Due to high demand among public, the automobile companies are delaying delivery of cars to customers but their income is… Read More
Bank Alfalah Profits Grow 14% for Q1 2017
Bank Alfalah has posted a profit growth of 14.6 percent in the first quarter of 2017, which surged to Rs… Read More
Indus Motor Posts 41% Profits, 300% Dividends for Q1 2017
While the customers of Indus Motor Company (IMC) have expressed their annoyance over being made to wait for their cars… Read More
