General Business News

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Nashpa Well-10 Sees Significant Production Increase Following Rigless Interventions

Karachi, The Oil and Gas Development Company Limited (OGDCL) has announced a significant increase in production at Nashpa Well-10, now reaching 1870 barrels per day (BPD) of oil, following successful optimization initiatives. The enhancement efforts, w...

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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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Muzaffarabad Bank Records Significant Growth in Assets and Deposits

Muzaffarabad, The Muzaffarabad Bank of Azad Jammu and Kashmir has seen a notable increase in its assets and deposits in the early months of this year. The assets of the bank grew by Rs 11.19 billion, reaching a total of more than Rs 43.758 billion, wh...

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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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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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