Business

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.

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...

The post VIS Finalizes Rating for K-Electric’s PKR 5 Billion Sukuk appeared first on Pakistan Business News.

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...

The post Bank Alfalah Reports Strong Financial Performance for 2024 appeared first on Pakistan Business News.

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...

The post FPCCI Hosts Meeting to Enhance Pakistan-UAE Trade Relations appeared first on Pakistan Business News.

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 ...

The post Interloop Limited Earnings Outlook Amid Expansion Challenges appeared first on Pakistan Business News.

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...

The post Bank Al-Habib Announces Robust Cash Payout Amid Mixed Profit Results appeared first on Pakistan Business News.