Business News

Karachi: Allied Bank has launched an upgraded immersive banking experience in the Metaverse, marking a significant advancement in digital banking within Pakistan and beyond. This new platform offers an enhanced, interactive 3D virtual space, enabling ...

Karachi: In a groundbreaking study conducted by the Lahore University of Management Sciences (LUMS), foodpanda, Pakistan's premier online delivery platform, is projected to contribute $1.2 billion (PKR 335 billion) to the country's economy in the fisc...

Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Amaan Pracha, has called on the government to pass the benefits of a notable reduction in the power sector's circular debt directly to electricity con...

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) hosted a delegation from the Pakpattan Chamber of Commerce and Industry (PCCI) in Lahore, highlighting efforts to bolster regional economic ties and enhance Chinese participati...

Karachi: Fauji Fertilizer Company Ltd. (FFC) announced its financial results for the first half of the calendar year 2025, showcasing a significant increase in earnings despite a decline in urea sales. The company revealed a profit of PkR38.5 billion,...

Karachi: MCB Bank Limited reported its second-quarter financial results for the calendar year 2025, revealing a decline in net profit due to increased administrative expenses. The bank posted a net profit after tax of PKR 13.5 billion for the quarter,...

Karachi: The Finance Division has announced a significant improvement in Pakistan's fiscal health for the financial year 2025, reporting a budget deficit of 5.4% of Gross Domestic Product (GDP). This marks a decrease from the previous year's 6.8% defi...