In the face of the COVID-induced contraction of 0.47 percent in the financial year 2019-20, Pakistan’s economic growth rebounded to… Read More
OGDCL Announces Massive Profits for Q1’FY 2021-2022
The Board of Directors of the Oil & Gas Development Company Limited met on 28 October at its Head Office… Read More
World Bank Projects Inflation in Pakistan to Rise in FY22
With domestic energy tax hikes planned in October 2021 and increased oil and commodity prices, the World Bank forecasted that… Read More
Finance Ministry’s Monthly Outlook Paints a Positive Picture of Economic Recovery
Pakistan’s economic recovery is expected to continue at an accelerated pace, according to the monthly ‘Update and Outlook’ for October… Read More
BankIslami Posts Rs. 1.85 Billion Profit After 9 Months
BankIslami Pakistan announced its financial results for the nine months ended September 30, 2021. Despite the reduction in discount rates,… Read More
Senate Panel Raises Questions on Loopholes in Road Projects Worth Billions
The Sub-Committee on the Senate Standing Committee on Communications met at the Parliament House today to investigate the difference between… Read More
PSO Announces Record-Breaking Profits for Q1
Pakistan State Oil (PSO) continues to assert its dominance in the energy market as it outperforms the industry, demonstrating its… Read More
Ministry of Energy Discusses Ways to Mitigate High Petrol Prices
The Ministry of Energy (Petroleum Division) briefed the Standing Committee on Cabinet Secretariat regarding the recent exorbitant price hike in… Read More
NBP Reports Rs. 24 Billion Profit in 9 Months
National Bank of Pakistan (NBP) has reported a profit after tax of Rs 24.1 billion for the nine-month period ending… Read More
ABL Reports Over Rs. 13 Billion Profit For First 9 Months of 2021
Allied Bank Limited (ABL) has managed to sustain its profit growth which stood at 4.5% year-on-year from January to September… Read More
Fauji Fertilizer Company’s Profits Surge by Over Rs. 2 Billion in 9 Months
Fauji Fertilizer Company Limited (FFC) has announced its financial results for the nine months ended September 30, 2021, in its… Read More
MCB Announces Record Dividend Per Share for 9 Months Yet Again
MCB Bank claimed that it has paid off the highest dividend per share in the banking industry during the nine… Read More
