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Lahore: MCB Bank Limited announced a profit before tax of Rs. 58.06 billion for the first half of 2025, as the Board of Directors declared a second interim cash dividend of 90%, according to a press release issued on Thursday. This brings the total ca...
Read More »Currency Rates See Modest Fluctuations Across Markets
Karachi: The Exchange Companies Association of Pakistan released the latest foreign currency exchange rates on Wednesday, showing moderate fluctuations in the interbank and open markets. In the interbank market, the U.S. dollar was reported at 282.6...
Read More »Allied Bank’s Metaverse Banking Experience Ushers in New Era for Digital Services
Karachi: Allied Bank has launched an upgraded immersive banking experience in the Metaverse, marking a significant advancement in digital banking within Pakistan and beyond. This new platform offers an enhanced, interactive 3D virtual space, enabling ...
Read More »foodpanda’s $1.2 Billion Economic Boost in Pakistan
Karachi: In a groundbreaking study conducted by the Lahore University of Management Sciences (LUMS), foodpanda, Pakistan's premier online delivery platform, is projected to contribute $1.2 billion (PKR 335 billion) to the country's economy in the fisc...
Read More »Cement Sector Sees Robust Growth as Local Demand and Exports Surge
Karachi: Pakistan's cement industry is witnessing a significant boost as fiscal year 2026 begins, with cement offtakes showing a substantial increase. According to a report from AKD Securities Limited, cement offtakes grew by 30 percent year-over-year...
Read More »Exchange Rates Fluctuate as Currencies Adjust
Karachi: The Exchange Companies Association of Pakistan has released the latest figures for currency exchange rates, revealing adjustments across a range of foreign currencies against the local currency. According to the association, the US dollar n...
Read More »Lucky Cement and NLC to Train Lakki Marwat Youth in Technical Skills
Karachi: Lucky Cement Limited has announced a new partnership with the National Logistics Cell (NLC) aimed at providing vocational training to young individuals from Lakki Marwat. The initiative will see 10 students undergo technical instruction at NL...
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