Business News

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Tetra Pak and Lactalis Launch Innovative Recycled Packaging for Beverage Cartons

Lausanne: In a groundbreaking development for the beverage packaging industry, Tetra Pak and Lactalis have introduced a new carton package that incorporates certified recycled polymers derived from used beverage cartons. This initiative represents a s...

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Mughal Iron and Steel, Amreli Steels Projected to Show Weak Earnings in First Quarter

Islamabad: Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Limited (ASTL), two of Pakistan's prominent rebar manufacturers, are expected to report subdued earnings for the first quarter of fiscal year 2025. This forecast continues the trend of r...

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Lucky Cement Reports Slight Earnings Decline in First Quarter Amid Cost Challenges

Karachi: Lucky Cement Ltd. (LUCK) has released its financial results for the first quarter of FY25, showing a marginal 5% year-on-year decline in standalone earnings to PkR6.6 billion, with earnings per share (EPS) falling to PkR22.4 from PkR23.6. The...

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Bank Alfalah Launches ‘Alfa’ Mobile App to Enhance Digital Banking and Lifestyle Integration

Islamabad: Bank Alfalah has unveiled its new mobile banking application, 'Alfa', aimed at transforming the digital banking landscape in Pakistan by integrating financial services with everyday lifestyle needs. The launch took place at the newly inaugu...

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Dawlance Invests Over 1 Million Euros in Solar Energy for Karachi Factories

Karachi: In a significant move towards sustainable manufacturing, Dawlance, Pakistan's premier home appliances manufacturer, has invested over 1,100,000 Euros to transition its Karachi factories to solar energy. The initiative is part of the company's...

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The Bank of Khyber Updates Terms for Raast Islamic Banking Deposit Acceptance

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...

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JS Bank Introduces Enhanced Visa Credit Card Options in Pakistan

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...

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