General Business News

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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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Pakistan Aluminium Beverages Cans Expected to Report Strong Third-Quarter Earnings

Karachi: Pakistan Aluminium Beverages Cans Ltd (PABC) is projected to report a 27% year-over-year growth in earnings for the third quarter of CY24, amounting to Rs1.88 billion, with an earnings per share (EPS) of Rs5.22.

According to JS Global, the ...

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FABL Delivers Strong Year-over-Year Growth in 9M Results, Amid Challenges in Pakistan’s Energy Sector

Karachi: Faysal Bank Limited (FABL) has reported a notable year-over-year growth in its performance for the first nine months of the year, amidst the broader context of Pakistan's struggling energy sector. The financial institution’s profits soared du...

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Dubai’s Aviation Sector to Bolster GDP Contribution to 32% by 2030, Fueling Job Growth and Tourism

Karachi: A recent economic impact study conducted by Oxford Economics for Emirates Group and Dubai Airports has underscored the increasing importance of the aviation sector to Dubai's economy. The study reveals that aviation, including Emirates Group,...

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Government Sets October 30 for PIA Privatization Auction

Islamabad: The government has announced the final auction date for the privatization of Pakistan International Airlines (PIA), scheduled for October 30. This decision aims to address the financial challenges of the national carrier by aligning with th...

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Belgian Ambassador Urges Pakistani Businesses to Capitalize on EU Market Opportunities

Lahore: During a recent meeting with the Lahore Chamber of Commerce and Industry (LCCI), Belgian Ambassador Idesbald Vander Gracht highlighted the strategic importance of Belgium as a gateway for Pakistani businesses to the European Union market. The ...

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