Business

Karachi: The State Bank of Pakistan (SBP) has released the latest data on its overnight repo and reverse repo facilities. The figures reveal that on April 17, 2025, two institutions accessed the SBP's overnight repo facility, drawing a total amount of...

Karachi: The AKD Cement Universe is expected to witness a significant earnings increase of 28% year-over-year in the third quarter of the fiscal year 2025, according to a recent projection. This growth is attributed to higher retention prices and redu...

Karachi: Bank Alfalah Limited (BAFL) disclosed its financial outcomes for the first quarter of the calendar year 2025, revealing a mixed performance with a notable cash payout. The bank reported a profit of PkR7.0 billion, translating to earnings per ...

Karachi: The Exchange Companies Association of Pakistan has reported steady currency exchange rates, reflecting a period of stability in the foreign exchange market. According to the latest data, the interbank rate remains within a narrow margin, with...

Sialkot: The Sialkot Chamber of Commerce and Industry (SCCI) recently welcomed a delegation of Civil Officers from the National Institute of Public Administration (NIPA), Islamabad, underscoring ongoing efforts to improve governance and enhance the bu...

Karachi: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, recently met with Dr. Bakheet Ateeq Al-Remeithi, the Consul General of the United Arab Emirates in Karachi, to explore avenues for enhancing bilateral trade and p...

Karachi: United Bank Ltd (UBL) has reported a notable increase in its net profit after tax (NPAT) for the first quarter of the calendar year 2025, amounting to PkR36.1 billion, a significant rise of 126% year-on-year and 39% quarter-on-quarter. The ba...