Business

Karachi: National Bank of Pakistan (NBP) has become the first commercial bank in the country to enter into a co-badging agreement with 1LINK and Mastercard, marking a pivotal development in the advancement of digital payment solutions in Pakistan. Thi...

The post National Bank of Pakistan Signs Co-Badging Agreement with 1LINK and Mastercard appeared first on Pakistan Business News.

Karachi: Oil and Gas Development Company Limited (OGDCL) is advancing its exploration of tight gas resources in Pakistan's Indus Basin, aligning with the Government of Pakistan's new Tight Gas Policy 2024. The company has achieved initial success with...

The post OGDCL Advances Tight Gas Exploration in Pakistan’s Indus Basin appeared first on Pakistan Business News.

Karachi: Jazz has signed a three-year frame agreement with ENA, a subsidiary of JBS, to provide precision cooling solutions for its data centers, aiming to ensure top-tier connectivity services and contribute to sustainability goals.

According to J...

The post Jazz Partners with ENA for Precision Cooling in Data Centers appeared first on Pakistan Business News.

Karachi: Oil and Gas Development Company Limited (OGDCL) has credited the first interim cash dividend of Rs 3.00 per share to its shareholders for the period ending September 30, 2024. The payment was electronically deposited into the designated bank ...

The post Oil and Gas Development Company Credits Interim Dividend to Shareholders appeared first on Pakistan Business News.

Karachi: Pakistan's banking sector has reached a new milestone, reporting record-high core income and bottom-line figures for the third quarter of the calendar year 2024. This marks a significant rebound following a brief pause in growth during the fi...

The post Pakistan Banking Sector Posts Record-High Income in Third Quarter appeared first on Pakistan Business News.

Karachi: KTML has reported a significant growth in earnings per share (EPS) of 76% year-over-year (YoY) for fiscal year 2024, driven by revenue increases in its spinning, weaving, and home textile segments, as well as stronger cement operations. Howev...

The post KTML Reports Mixed Earnings Amid Competitive Pressures and Operational Shifts appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Malir Expressway Limited (MEL) at 'A-/A2'.

According to VIS Credit Rating Company Limited, the medium to long-term rating of 'A-' signifies good credit quality with ade...

The post VIS Reaffirms Ratings for Malir Expressway Limited appeared first on Pakistan Business News.