Business

Karachi: The currency exchange rates experienced noticeable fluctuations over the course of a few days, with the Euro and the British Pound (GBP) showing significant increases. The latest data indicate changes in buying and selling rates for various c...

The post Currency Exchange Rates Fluctuate as Euro and GBP See Increase appeared first on Pakistan Business News.

Karachi: MCB Bank Ltd reported a decrease in its net profit after tax (NPAT) for the fourth quarter of the calendar year 2024, citing increased tax rates and provisioning expenses as key factors. The bank's earnings for the quarter amounted to PKR 9.2...

The post MCB Bank’s Earnings Decline Amid Higher Tax Rates, Cash Payouts Steady appeared first on Pakistan Business News.

Karachi: Fauji Fertilizer Company Ltd. (FFC) has reported its fourth-quarter earnings following the completion of its merger with Fauji Fertilizer Bin Qasim Limited (FFBL). The earnings for the merged entity amounted to Rs65 billion, translating into ...

The post FFC Earnings Impacted by Merger Adjustments, Future Outlook Stable appeared first on Pakistan Business News.

KARACHI: Mayor Murtaza Wahab has announced a comprehensive master plan focused on the reconstruction of roads and the replacement of sewerage lines in Jodia Bazaar and Kapra Market. This initiative aims to integrate traditional road materials with hig...

The post Master Plan Unveiled to Revamp Karachi’s Key Markets appeared first on Pakistan Business News.

Lahore: MCB Bank Limited has reported a strong financial performance for the year ended December 31, 2024. The Board of Directors, led by Chairman Mian Mohammad Mansha, approved the annual financial statements and declared a final cash dividend of PKR...

The post MCB Bank Posts Robust Financial Results for 2024 appeared first on Pakistan Business News.

KARACHI: Deputy High Commissioner of Kenya Daniel Nganda emphasized the importance of removing trade barriers between Kenya and Pakistan, highlighting the Kenyan Mission's commitment to enhancing trade and investment opportunities between the two coun...

The post Kenyan Diplomat Advocates for Removal of Trade Barriers with Pakistan appeared first on Pakistan Business News.

Karachi: The foreign currency exchange rates for February 1, 2025, showed slight movements, with the US dollar, euro, and British pound experiencing minor fluctuations against the Pakistani rupee.

According to a statement by Exchange Companies Assoc...

The post Exchange Rates for February 1, 2025: USD, Euro, and GBP See Minor Fluctuations appeared first on Pakistan Business News.