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…
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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 …
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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…
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Lahore: The China-Pakistan Economic Corridor (CPEC) is set to reshape Pakistan’s industrial framework, with Special Economic Zones (SEZs) playing a pivotal role in driving industrialization and investment, Zafar Iqbal, Vice President of the Pakistan C…
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KARACHI: H.E Yang Yundong, Consul General of the People’s Republic of China, underscored the robust diplomatic and economic ties between China and Pakistan while calling for an increase in bilateral trade. “The friendship between China and Pakistan is…
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KARACHI: The recent changes by the Federal Board of Revenue (FBR) have made it nearly impossible for small businesses to file timely sales tax returns, according to Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCC…
The post New Tax Filing Rules Pose Challenges for Small Businesses: Bilwani appeared first on Pakistan Business News.
Karachi: Bank Alfalah Limited reported a significant decline in profits for the fourth quarter of 2024, announcing earnings of PkR4.7 billion, or PkR3.0 per share. This represents a year-over-year decrease of 49% and a quarterly drop of 64%. Despite t…
The post Bank Alfalah Reports Decline in Profits but Boosts Cash Payouts appeared first on Pakistan Business News.
New program helps AI-native startups build and scale with Zoom’s industry-leading speech, language, and voice AI Services, no equity stake required; applications open today SAN JOSE, Calif., Nov. 10, 2026 (GLOBE NEWSWIRE) — Zoom Communications, Inc. (NASDAQ: ZM) today announced AI Launchpad, a new grant program offering eligible startups up to $150,000 in Zoom AI […]
