General Business News

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Fly Jinnah Announces New Islamabad to Bahrain Route, Expanding Its International Reach

Karachi, Fly Jinnah, Pakistan's low-cost carrier, is set to expand its international network by introducing non-stop flights from Islamabad to Bahrain starting June 13, 2024. The service will operate twice a week, marking the airline’s third internati...

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LDA Records Highest Revenue in Five Years from Property Auction

Lahore, The Lahore Development Authority (LDA) has successfully auctioned 25 properties, including residential and commercial plots, petrol pumps, and educational sites, generating a record revenue of PKR 1,114,995,922. This marks the highest income f...

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Meezan Bank Becomes Pakistan’s First to Achieve PCI 3DS Certification

Karachi, Meezan Bank has been certified by Risk Associates as Pakistan's first bank compliant with the Payment Card Industry Three Domain Secure (PCI 3DS) standard. This certification establishes Meezan Bank, a leading Islamic financial institution in...

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Meezan Bank Becomes Pakistan’s First to Achieve PCI 3DS Certification

Karachi, Meezan Bank has been certified by Risk Associates as Pakistan's first bank compliant with the Payment Card Industry Three Domain Secure (PCI 3DS) standard. This certification establishes Meezan Bank, a leading Islamic financial institution in...

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Large-Scale Manufacturing in city Sees 2% Growth in March, Marking Fourth Consecutive Month of Gains

Karachi, Large-scale manufacturing (LSM) has recorded a 2.0% year-over-year growth in March 2024, continuing its upward trend for the fourth consecutive month. However, the nine-month fiscal year 2024 (9MFY24) figures remained nearly flat with a margi...

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Currency Fluctuations Continue in Pakistan with Notable Changes in Major Currencies

Islamabad, The latest figures released by the Exchange Companies Association of Pakistan show a continuation of currency value fluctuations in Pakistan, with changes noted in the buying and selling rates of major currencies including the USD, EURO, GB...

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PACRA Upholds Samba Bank Limited’s Debt Instrument Rating Amid Ownership Change

Islamabad, The Pakistan Credit Rating Agency (PACRA) has maintained its debt instrument rating for Samba Bank Limited (SBL), supported by the strong financial profile of its major shareholder, Saudi National Bank (SNB), the largest commercial bank in ...

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