General Business News

This category covers all news related General Business News

Investors Secure Opportunity with Construction-Linked Payment Plan for RJ’s Lifestyle Residences.

Islamabad: Developers and Infrastructure Company (Pvt) Limited, in collaboration with Zameen.com, has introduced an exclusive limited-time offer for buyers interested in RJ's Lifestyle Residences. This offer allows for the purchase of apartments, co...

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FFBL Achieves Record Profitability of PkR18.6bn in 9MCY24, Driven by Higher DAP Margins and Increased Urea Offtakes.

Karachi: FFBL has reported a remarkable surge in profitability, posting a record profit of PkR18.6 billion in the first nine months of the calendar year 2024, marking a 52-fold increase year-over-year. This significant growth was primarily fueled by h...

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Exchange Rates Fluctuate as USD and GBP Strengthen Against PKR.

Karachi: In recent currency exchange transactions, the US dollar and British pound have shown a strengthening trend against the Pakistani Rupee (PKR). USD buying and selling rates have increased slightly from 276.83 and 278.74 on November 8, 2024, to ...

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ATRL Reports Decline in Profit Amid Lower Production and GRM Reduction.

Karachi: ATRL has reported a decrease in net profit after tax (NPAT) for the fiscal year 2024, with figures reaching PkR25.2 billion, marking a 14% year-on-year decline. The decline was attributed to reduced production levels and a drop in gross refin...

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Bank Al Habib Launches ‘Shop Till You Drop’ Campaign for Visa Debit Cardholders.

Karachi: Bank Al Habib has announced an exclusive shopping campaign titled 'Shop Till You Drop' for its Visa Debit Cardholders. The campaign is set to run from November 11 to November 21, 2024, providing customers with a unique opportunity to maximize...

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LCCI Urges Government to Formulate Supportive Policies for Pakistan’s Paper Industry.

Lahore: The government should formulate well-consulted and well-thought-out supportive policies for Pakistan's paper industry, a vital sector that underpins education, publishing, packaging, and other industries but is currently facing significant cha...

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Auto Sales Surge in October, Marking Highest Growth Since December 2022.

Karachi: Auto sales are expected to witness a substantial rebound in October 2024, with major automobile companies projected to see their total units reach approximately 11,300. This represents a significant year-on-year increase of 103% and a month-o...

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