Business News

Karachi: The banking sector in Pakistan is bracing for a challenging fourth quarter, with anticipated declines in profitability driven by shrinking net interest margins and increased taxation costs. Despite these hurdles, dividend payouts are expected...

The post Pakistan Banks’ Profits Expected to Decline Amid Higher Taxes and Shrinking Margins appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has concluded the rating process for K-Electric Limited's (KEL) Short Term Sukuk (STS-25), which was valued at PKR 5.0 billion. The issuance and maturity of this financial instrument took place on May 2...

The post VIS Finalizes Rating for K-Electric’s PKR 5 Billion Sukuk appeared first on Pakistan Business News.

Islamabad: The Board of Directors of Bank Alfalah Limited has approved the financial results for the year ended December 31, 2024, showcasing a robust performance in challenging conditions. The bank reported a profit after tax of PKR 38.318 billion, w...

The post Bank Alfalah Reports Strong Financial Performance for 2024 appeared first on Pakistan Business News.

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hosted a significant meeting of the Pakistan-UAE Business Council at its headquarters in Karachi. The gathering was aimed at bolstering trade ties between Pakistan and the U...

The post FPCCI Hosts Meeting to Enhance Pakistan-UAE Trade Relations appeared first on Pakistan Business News.

Karachi: Vivo is set to launch its latest smartphone, the X200 Pro, in Pakistan, promising to bring revolutionary advancements to mobile photography. The device, a new member of Vivo's X Series, boasts a 200MP ZEISS APO Telephoto Camera and features d...

The post Vivo to Unveil X200 Pro in Pakistan: A Leap in Mobile Photography Technology appeared first on Pakistan Business News.

Karachi: A two-day Sustainable Tourism Forum, organized by the Islamic Chamber of Commerce and Industry, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), and the Pakistan Tourism Development Corporation, is scheduled for January 3...

The post Sustainable Tourism Forum Set to Elevate Pakistan’s Tourism Prospects appeared first on Pakistan Business News.

KARACHI: Pakistan's Ambassador to Saudi Arabia, Ahmad Farooq, emphasized the critical importance of the next two years in enhancing Pakistan's footprint in Saudi Arabia. As Saudi Arabia undergoes substantial economic transformation under Vision 2030, ...

The post Pakistan Eyes Strategic Expansion in Saudi Arabia, Says Envoy appeared first on Pakistan Business News.