Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, continued with its growth stride and has announced… Read More
Standard Chartered Pakistan Posts Record Profit in H1 2024
Standard Chartered Bank (Pakistan) Limited, announced its H1 2024 Results today. The Bank’s Profit before tax grew 29 percent to… Read More
BankIslami Posts 32.1 % Profit Growth in H1 2024
BankIslami continues its growth trajectory, delivering substantial returns to its shareholders with a remarkable 66.2 percent increase in profit before… Read More
Rupee Gains More Ground 3rd Day in a Row Against US Dollar
The Pakistani rupee (PKR) rose third day in a row against the US Dollar today after opening trade at 278… Read More
PSO Continues to Dominate Energy Market, Reports Rs. 15.9 Billion Profit in FY24
Pakistan State Oil (PSO), the nation’s largest energy company, showcased impressive financial performance and strategic prowess in a challenging market.… Read More
Hub Power Company Posts Rs. 75 Billion Profit for FY24
The Hub Power Company Limited (HUBC) announced its FY24 financial result today where the company posted consolidated earnings of Rs.… Read More
Rupee Up 2nd Day in a Row Against US Dollar, Crashes Against GBP, AUD, Euro
The Pakistani rupee (PKR) rose second day in a row against the US Dollar today after opening trade at 278… Read More
Service GlobalFootwear Posts 6% Profit Growth in First Half of 2024
Service GlobalFootwear Limited (PSX: SGF) announced its 1HCY24 financial result with an unconsolidated profit after tax of Rs. 461 million,… Read More
Rupee Recovers Against US Dollar, Other Currencies to End Tough Week
The Pakistani rupee (PKR) revered its 2-day losing streak to close current week with small gains against the US Dollar… Read More
Rising Costs, Taxes, Eroding Purchasing Power Are Slowing Down Real Estate Market Activities: Report
The real estate market in Pakistan has also been heavily impacted by recent economic challenges, including the high cost of… Read More
Here’s How Much Interest Pakistan Was Charged on the 2023 IMF Loan
Pakistan has so far paid $2.4 billion interest on loans received from the International Monetary Fund (IMF), Finance Division officials… Read More
6-Month KIBOR Declines By 63 Basis Points As Market Expects Another SBP Rate Cut
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 63 basis points… Read More
