Business News

Karachi: The Union of Small and Medium Enterprises (UNISAME) emphasized the need for Pakistan’s SME sector to meet international standards and achieve high benchmarks during their meeting to commemorate World's Standard Day on October 14, 2024.

Acco...

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Lahore: Positioned strategically on Raiwind Road, Icon Valley Phase II emerges as a significant real estate development in Lahore, attracting residential and commercial investors with its advantageous location and flexible payment plans. This project ...

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Peshawar: The Defence Housing Authority Peshawar (DHAP) has announced new construction incentives for plot owners in Sector G and Prism, effective until December 31. This initiative aims to encourage prompt construction and enhance the overall develop...

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Karachi: Air Link Communication Ltd. (AIRLINK) showcased a significant rise in annual revenue to PkR130 billion for FY24, a substantial increase from the previous year’s PkR37 billion, attributed to the lifting of import restrictions. The company also...

The post Air Link Communication Announces Robust FY24 Performance and New Manufacturing Initiatives appeared first on Pakistan Business News.

Karachi: The banking sector in Pakistan is expected to announce an increase in third-quarter profits for 2024, with estimates projecting a 3% year-on-year rise to PKR 94.4 billion. This increase is largely attributed to strong non-core income, which i...

The post Pakistani Banks Set to Report Solid Third Quarter Earnings, Supported by Non-Core Income Growth appeared first on Pakistan Business News.

Karachi: Engro Fertilizer Limited (EFERT) has reported an 11% year-on-year decline in its profits for the third quarter of 2024, with significant impacts from lower sales volumes and increased financial charges. The company announced earnings of PkR 8...

The post Engro Fertilizer Reports Decline in Q3 Profits, Eyes Recovery Amid Market Challenges appeared first on Pakistan Business News.

Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan show minor fluctuations in the buying and selling prices for major currencies such as the USD, Euro, and GBP between October 16 and 17, 2024.

Accord...

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