Business News

Peshawar: The Bank of Khyber has announced updates to the terms and conditions for its Raast Islamic Banking deposit acceptance based on the Mudarabah principle. These changes are aimed at aligning the bank's services with current regulatory requireme...

The post The Bank of Khyber Updates Terms for Raast Islamic Banking Deposit Acceptance appeared first on Pakistan Business News.

Islamabad: JS Bank Limited has launched an updated lineup of Visa credit cards, offering enhanced features, benefits, and financial flexibility aimed at making daily transactions and financial management more accessible and rewarding for customers acr...

The post JS Bank Introduces Enhanced Visa Credit Card Options in Pakistan appeared first on Pakistan Business News.

Islamabad: Fauji Fertilizer Company Ltd. (FFC) has reported a significant 80% year-over-year increase in standalone profit for the third quarter of 2024, with earnings reaching PkR16.5 billion compared to PkR9.1 billion in the same period last year. D...

The post Fauji Fertilizer Reports Substantial Profit Increase in Third Quarter, Defers Dividend Amid Merger appeared first on Pakistan Business News.

Islamabad: The Hub Power Company Ltd (HUBC) and Nishat Power Limited (NPL) have reported their financial results for the first quarter of FY25, with mixed performances attributed to various operational and market dynamics. HUBC saw a slight year-over-...

The post HUBC and NPL Report Mixed Results for First Quarter FY25 Amid Market Shifts appeared first on Pakistan Business News.

Karachi: Standard Chartered Bank Pakistan Limited (SCBPL) has reported a 20% increase in profit before tax, reaching PKR 75.5 billion for the third quarter of 2024. This financial upturn is supported by a 16% year-over-year revenue growth across all s...

The post Standard Chartered Pakistan Posts 20% Profit Before Tax Growth in Q3 2024 appeared first on Pakistan Business News.

Karachi: The Pakistani Rupee witnessed slight fluctuations against major currencies in the foreign exchange market over the last two days, as detailed in the latest rates released by the Exchange Companies Association of Pakistan.

According to Excha...

The post Pakistani Currency Fluctuates Modestly Against Major Currencies appeared first on Pakistan Business News.

Islamabad: The National Highway Authority (NHA) has achieved a record-setting increase in annual revenue, reporting a 100% surge to reach PKR 110 billion, up from PKR 64 billion last year. This significant financial growth, driven primarily by toll co...

The post National Highway Authority Doubles Annual Revenue to PKR 110 Billion appeared first on Pakistan Business News.