General Business News

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Pakistan Auto Show Ignites Innovation and Collaboration at Lahore Expo Center

Lahore: The Pakistan Auto Show, a major event in the automotive sector, opened its doors at the Lahore Expo Center, orchestrated by the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM). The show has drawn significant loca...

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Lahore Chamber of Commerce Calls for Government Collaboration to Boost Economic Growth

Lahore: During a recent meeting at the Lahore Chamber of Commerce and Industry (LCCI), President Mian Abuzar Shad emphasized the need for enhanced cooperation between the government and the business sector to foster economic development in Pakistan. Th...

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KATI Welcomes New Leadership, Emphasizes Role as Key Economic Institution

Karachi: At a dinner hosted by the Korangi Association of Trade and Industry (KATI), Sindh’s Provincial Minister for Industry and Trade, Jam Ikram Dharejo, lauded the organization for its pivotal role in Pakistan's economic development. The event celeb...

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BankIslami Achieves 33.6% Growth in Profit Before Tax Over Nine Months of 2024

Karachi: BankIslami Pakistan Limited reported a substantial increase in its financial performance for the first nine months of 2024, marking a 33.6% surge in profit before tax which totaled Rs. 19.9 billion. The bank also noted a significant 20.5% rise...

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National Foods Reports Downturn in FY24 Earnings Despite Growth in Retail Sector

Karachi: National Foods Limited (NATF) experienced a significant downturn in its FY24 financial results, primarily due to a decline in its core business, despite notable growth and profitability in its retail segment. The company reported consolidated...

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DHA Bahawalpur Offers 100% Surcharge Waiver to Members Ahead of Deadline

Bahawalpur: Defence Housing Authority (DHA) Bahawalpur has announced a 100% surcharge waiver for members who settle their due payments by October 31, 2024. This incentive is intended to encourage property owners to clear their dues promptly and avoid ...

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Bank Alfalah Reports Robust Growth in Nine-Month Earnings, Expands Digital and Physical Footprint

Karachi: Bank Alfalah Limited (BAFL) has reported a significant rise in its profits for the first nine months of 2024, with earnings reaching PKR 33.6 billion, marking a 23% year-over-year increase. This growth was propelled by a substantial rise in N...

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