General Business News

Karachi: MCB Bank Ltd reported a decrease in its net profit after tax (NPAT) for the fourth quarter of the calendar year 2024, citing increased tax rates and provisioning expenses as key factors. The bank's earnings for the quarter amounted to PKR 9.2...

The post MCB Bank’s Earnings Decline Amid Higher Tax Rates, Cash Payouts Steady appeared first on Pakistan Business News.

KARACHI: Deputy High Commissioner of Kenya Daniel Nganda emphasized the importance of removing trade barriers between Kenya and Pakistan, highlighting the Kenyan Mission's commitment to enhancing trade and investment opportunities between the two coun...

The post Kenyan Diplomat Advocates for Removal of Trade Barriers with Pakistan appeared first on Pakistan Business News.

Karachi: The foreign currency exchange rates for February 1, 2025, showed slight movements, with the US dollar, euro, and British pound experiencing minor fluctuations against the Pakistani rupee.

According to a statement by Exchange Companies Assoc...

The post Exchange Rates for February 1, 2025: USD, Euro, and GBP See Minor Fluctuations appeared first on Pakistan Business News.

Lahore: The Lahore Shopping Festival (LSF) kicked off at the Lahore Expo Center, attracting a significant number of attendees, including business leaders, government officials, and visitors from both domestic and international locations. The three-day...

The post Lahore’s Economic Potential Showcased at Shopping Festival appeared first on Pakistan Business News.

Lahore: Governor Punjab Sardar Saleem Haider has acknowledged the significant role played by the business community in Pakistan's economic development. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), he highlighted the community's dedi...

The post Governor of Punjab Commends Business Community’s Economic Contributions appeared first on Pakistan Business News.

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hosted a significant meeting of the Pakistan-UAE Business Council at its headquarters in Karachi. The gathering was aimed at bolstering trade ties between Pakistan and the U...

The post FPCCI Hosts Meeting to Enhance Pakistan-UAE Trade Relations appeared first on Pakistan Business News.

Karachi: Interloop Limited (ILP) anticipates a modest improvement in earnings for the second quarter of the fiscal year 2025, with an expected earnings per share (EPS) of Rs0.68. This reflects a quarter-over-quarter improvement, though year-over-year ...

The post Interloop Limited Earnings Outlook Amid Expansion Challenges appeared first on Pakistan Business News.