The Pakistani rupee reversed losses against the US Dollar today after opening trade at 279 in the interbank market. It… Read More
Faysal Bank Posts Highest Ever Annual Profit in 2023
Faysal Bank Limited (PSX: FABL) continued its strong profitability trend, with its net profit reaching Rs. 20.2 billion in 2023,… Read More
Former FBR Chief Explains Amendments By SECP in Listed Companies’ Regulations
The primary objective of amendments in the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017 is to… Read More
PKR Gains Over Rs. 5 Against British Pound After Long Weekend
The Pakistani rupee snapped its 4-day win streak against the US Dollar today after opening trade at 280 in the… Read More
MCB Bank Posts Its Highest Ever Annual Profit in 2023
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on… Read More
Attock Petroleum Posts 41% Profit Growth in First Half of FY24
Attock Petroleum Limited (APL) has posted a profit after tax (PAT) of Rs. 7.8 billion in first half of FY24,… Read More
Govt Borrowing From Banks Hits Record High in Just 7 Months
The federal government has borrowed nearly Rs. 4 trillion from banks despite collecting more revenue than expected so far during… Read More
Govt Seeks 1-Year Extension in World Bank-Funded FBR Project
The government has sought a one-year extension in the “Pakistan Raises Revenue (PRR)” project worth $400 million financed by the… Read More
Pakistani Business Owners Warn of No Economic Progress in Next 10 Years
The Chief Executive Officers (CEOs) of Pakistani companies apprehended that their companies will not remain economically viable in case the… Read More
Islamic Banking Industry Likely to Record 100% Profit Growth in 2023
As the results of the leading Islamic banks are made ready for full-year announcement, the profitability of the Islamic banking… Read More
Pakistan’s Exports to China Increase By 46% in 7 Months of FY24
Pakistan’s export of goods and services to China witnessed an increase of 46 percent during the first seven months of… Read More
Apple Reports Soaring Profits Thanks to All Time High Services Revenue
In its latest earnings disclosure for the first quarter of 2024, which concluded on December 30, 2023, Apple announced a… Read More
