General Business News

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Bank Alfalah Launches ‘Alfa’ Mobile App to Enhance Digital Banking and Lifestyle Integration

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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Dawlance Invests Over 1 Million Euros in Solar Energy for Karachi Factories

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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The Bank of Khyber Updates Terms for Raast Islamic Banking Deposit Acceptance

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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JS Bank Introduces Enhanced Visa Credit Card Options in Pakistan

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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Fauji Fertilizer Reports Substantial Profit Increase in Third Quarter, Defers Dividend Amid Merger

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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HUBC and NPL Report Mixed Results for First Quarter FY25 Amid Market Shifts

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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FBR Reports Doubling of Tax Filings in 2024, Collects PKR 123 Billion

Islamabad: The Federal Board of Revenue (FBR) has observed a significant increase in tax compliance for 2024, with tax filings doubling and a collection of PKR 123 billion, a notable achievement highlighted by the substantial number of income tax retu...

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