General Business News

Islamabad: Mari Petroleum Company Limited (MARI) reported its first quarter financial results for FY25, showing a Profit After Tax (PAT) of PkR19.2 billion, or an earnings per share (EPS) of PkR16.0. The company’s quarterly earnings remained largely f...

The post Mari Petroleum Posts Flat Earnings in First Quarter FY25 Amid Declining Sales and Increased Exploration Costs appeared first on Pakistan Business News.

Lahore: MCB Limited presented its financial results for the first nine months of 2024, detailing a 9.8% year-over-year increase in profits to PkR48.6 billion. This growth was driven primarily by a rise in Net Mark-up Income and Non-Interest Income, de...

The post MCB Bank Reports 9.8% Profit Growth Amid Rising Non-Interest Income and Deposit Milestones appeared first on Pakistan Business News.

Karachi: Pakistan’s High Commissioner to the Maldives, Faisal Rasul Lodhi, emphasized the need for expanding trade between Pakistan and the Maldives, currently valued at around $8 to $9 million, by tapping into new business opportunities and fostering ...

The post Pakistan, Maldives Urged to Boost Low Trade Volume Amid Strategic Opportunities appeared first on Pakistan Business News.

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) and the Punjab Information Technology Board (PITB) have entered into a Memorandum of Understanding (MoU) to launch an advanced job-matching and recruitment platform. This initiative, hosted at ...

The post LCCI and PITB Launch Job Portal to Enhance Employment Opportunities in Punjab appeared first on Pakistan Business News.

Karachi: Malik Khuda Bakhsh, a core committee member of the United Business Group (UBG) and convener of the FPCCI Central Standing Committee, has appealed to Pakistan’s top leadership, including the Prime Minister, the Finance Minister, and the Governo...

The post Business Leader Malik Khuda Bakhsh Calls for 4-5% Interest Rate Cut to Boost Trade appeared first on Pakistan Business News.

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...

The post The Bank of Khyber Updates Terms for Raast Islamic Banking Deposit Acceptance appeared first on Pakistan Business News.

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...

The post JS Bank Introduces Enhanced Visa Credit Card Options in Pakistan appeared first on Pakistan Business News.