Lausanne: In a groundbreaking development for the beverage packaging industry, Tetra Pak and Lactalis have introduced a new carton package that incorporates certified recycled polymers derived from used beverage cartons. This initiative represents a s…

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Islamabad: Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Limited (ASTL), two of Pakistan’s prominent rebar manufacturers, are expected to report subdued earnings for the first quarter of fiscal year 2025. This forecast continues the trend of r…

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Karachi: Lucky Cement Ltd. (LUCK) has released its financial results for the first quarter of FY25, showing a marginal 5% year-on-year decline in standalone earnings to PkR6.6 billion, with earnings per share (EPS) falling to PkR22.4 from PkR23.6. The…

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Islamabad: Bank Alfalah has unveiled its new mobile banking application, ‘Alfa’, aimed at transforming the digital banking landscape in Pakistan by integrating financial services with everyday lifestyle needs. The launch took place at the newly inaugu…

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Karachi: In a significant move towards sustainable manufacturing, Dawlance, Pakistan’s premier home appliances manufacturer, has invested over 1,100,000 Euros to transition its Karachi factories to solar energy. The initiative is part of the company’s…

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Peshawar: The Bank of Khyber has announced updates to the terms and conditions for its Raast Islamic Banking deposit acceptance based on the Mudarabah principle. These changes are aimed at aligning the bank’s services with current regulatory requireme…

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Islamabad: JS Bank Limited has launched an updated lineup of Visa credit cards, offering enhanced features, benefits, and financial flexibility aimed at making daily transactions and financial management more accessible and rewarding for customers acr…

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Islamabad: Fauji Fertilizer Company Ltd. (FFC) has reported a significant 80% year-over-year increase in standalone profit for the third quarter of 2024, with earnings reaching PkR16.5 billion compared to PkR9.1 billion in the same period last year. D…

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Islamabad: The Hub Power Company Ltd (HUBC) and Nishat Power Limited (NPL) have reported their financial results for the first quarter of FY25, with mixed performances attributed to various operational and market dynamics. HUBC saw a slight year-over-…

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