Business News

Lahore: MCB Bank Limited announced a profit before tax of Rs. 58.06 billion for the first half of 2025, as the Board of Directors declared a second interim cash dividend of 90%, according to a press release issued on Thursday. This brings the total ca...

Karachi: The Exchange Companies Association of Pakistan released the latest foreign currency exchange rates on Wednesday, showing moderate fluctuations in the interbank and open markets. In the interbank market, the U.S. dollar was reported at 282.6...

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: Atlas Honda Limited has introduced its latest motorcycle model, the Honda CD70 DREAM. Designed to cater to the needs of individuals who aspire for more in their daily and weekend journeys, the new motorcycle aims to offer a blend of style and...

Islamabad: Pakistan's economy is grappling with an unprecedented crisis, marked by a surge in poverty and unemployment, according to a statement by Shahid Rasheed Butt, a notable business leader and former president of the Islamabad Chamber of Commerc...

Karachi: Pakistan's cement industry is witnessing a significant boost as fiscal year 2026 begins, with cement offtakes showing a substantial increase. According to a report from AKD Securities Limited, cement offtakes grew by 30 percent year-over-year...