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...

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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...

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Karachi: Interloop Limited (ILP) anticipates a modest improvement in earnings for the second quarter of the fiscal year 2025, with an expected earnings per share (EPS) of Rs0.68. This reflects a quarter-over-quarter improvement, though year-over-year ...

The post Interloop Limited Earnings Outlook Amid Expansion Challenges appeared first on Pakistan Business News.

Karachi: Bank Al-Habib Limited (BAHL) reported its financial results for the fourth quarter of 2024, revealing a profit of PkR6.8 billion, or PkR6.1 per share, reflecting a 13% year-over-year decrease and a 43% quarter-over-quarter increase. Despite t...

The post Bank Al-Habib Announces Robust Cash Payout Amid Mixed Profit Results 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.

Karachi: The currency exchange rates in Pakistan experienced minor fluctuations as the US Dollar, Euro, and other major currencies saw slight changes in buying and selling prices. The Exchange Companies Association of Pakistan reported these updates, ...

The post Currency Exchange Rates Show Slight Fluctuations Amid Global Market Trends appeared first on Pakistan Business News.

Karachi: Fauji Fertilizer Company Ltd (FFC) reported a significant rise in its fourth-quarter earnings for the calendar year 2024, driven primarily by its amalgamation with Fauji Fertilizer Bin Qasim Limited (FFBL), despite facing higher costs and imp...

The post Amalgamation Boosts Fauji Fertilizer’s Earnings Amid Increased Costs appeared first on Pakistan Business News.