Business News

Karachi: Bank Alfalah Limited (BAFL) disclosed its financial outcomes for the first quarter of the calendar year 2025, revealing a mixed performance with a notable cash payout. The bank reported a profit of PkR7.0 billion, translating to earnings per ...

Karachi: Recent earnings estimates for leading Pakistani fertilizer companies, Fauji Fertilizer Company Limited (FFC) and Engro Fertilizers Limited (EFERT), suggest a challenging first quarter due to a significant decline in sales. Analysts expect a 4...

Karachi: Recent earnings estimates for leading Pakistani fertilizer companies, Fauji Fertilizer Company Limited (FFC) and Engro Fertilizers Limited (EFERT), suggest a challenging first quarter due to a significant decline in sales. Analysts expect a 4...

Karachi: The AKD Cement Universe is expected to witness a significant earnings increase of 28% year-over-year in the third quarter of the fiscal year 2025, according to a recent projection. This growth is attributed to higher retention prices and redu...

Karachi: The State Bank of Pakistan has announced updated credit limits for financial institutions, effective April 17, 2025. The revised limits set a ceiling of 57,000 for two institutions and a floor of 345,000 for an additional two institutions. ...

Karachi: The State Bank of Pakistan released updated figures for weighted average customer exchange rates, revealing fluctuations in the buying and selling rates of various foreign currencies against the Pakistani Rupee. The data, current as of April ...

Karachi: The State Bank of Pakistan has announced the latest weighted average customer exchange rates for major foreign currencies. The rates are provided for both buying and selling, reflecting the bank's commitment to transparency in currency transa...