Business News

Karachi: MCB Bank Ltd reported a decrease in its net profit after tax (NPAT) for the fourth quarter of the calendar year 2024, citing increased tax rates and provisioning expenses as key factors. The bank's earnings for the quarter amounted to PKR 9.2...

The post MCB Bank’s Earnings Decline Amid Higher Tax Rates, Cash Payouts Steady appeared first on Pakistan Business News.

KARACHI: Deputy High Commissioner of Kenya Daniel Nganda emphasized the importance of removing trade barriers between Kenya and Pakistan, highlighting the Kenyan Mission's commitment to enhancing trade and investment opportunities between the two coun...

The post Kenyan Diplomat Advocates for Removal of Trade Barriers with Pakistan appeared first on Pakistan Business News.

Karachi: The foreign currency exchange rates for February 1, 2025, showed slight movements, with the US dollar, euro, and British pound experiencing minor fluctuations against the Pakistani rupee.

According to a statement by Exchange Companies Assoc...

The post Exchange Rates for February 1, 2025: USD, Euro, and GBP See Minor Fluctuations appeared first on Pakistan Business News.

Lahore: The Lahore Shopping Festival (LSF) kicked off at the Lahore Expo Center, attracting a significant number of attendees, including business leaders, government officials, and visitors from both domestic and international locations. The three-day...

The post Lahore’s Economic Potential Showcased at Shopping Festival appeared first on Pakistan Business News.

Lahore: Governor Punjab Sardar Saleem Haider has acknowledged the significant role played by the business community in Pakistan's economic development. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), he highlighted the community's dedi...

The post Governor of Punjab Commends Business Community’s Economic Contributions appeared first on Pakistan Business News.

Karachi: Security Papers Limited (SPL) has announced a 7.5% increase in after-tax profit for the first half of the fiscal year 2024-25, marking a significant financial milestone for the company. This growth aligns with a similar rise in earnings per s...

The post Security Papers Limited Reports 7.5% Profit Growth in First Half of Fiscal Year appeared first on Pakistan Business News.

Karachi: The 4th AlBaraka Forum Regional Conference, held on January 28, 2024, at the Marriott Hotel in Karachi, spotlighted the critical role of Sukuk in sustainable economic growth. Organized by the AlBaraka Forum for Islamic Economy in collaboratio...

The post AlBaraka Forum Elevates Sukuk’s Role in Sustainable Finance appeared first on Pakistan Business News.