Business

Karachi: BankIslami Pakistan Limited reported a substantial increase in its financial performance for the first nine months of 2024, marking a 33.6% surge in profit before tax which totaled Rs. 19.9 billion. The bank also noted a significant 20.5% rise...

The post BankIslami Achieves 33.6% Growth in Profit Before Tax Over Nine Months of 2024 appeared first on Pakistan Business News.

Karachi: National Foods Limited (NATF) experienced a significant downturn in its FY24 financial results, primarily due to a decline in its core business, despite notable growth and profitability in its retail segment. The company reported consolidated...

The post National Foods Reports Downturn in FY24 Earnings Despite Growth in Retail Sector appeared first on Pakistan Business News.

Bahawalpur: Defence Housing Authority (DHA) Bahawalpur has announced a 100% surcharge waiver for members who settle their due payments by October 31, 2024. This incentive is intended to encourage property owners to clear their dues promptly and avoid ...

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Karachi: Bank Alfalah Limited (BAFL) has reported a significant rise in its profits for the first nine months of 2024, with earnings reaching PKR 33.6 billion, marking a 23% year-over-year increase. This growth was propelled by a substantial rise in N...

The post Bank Alfalah Reports Robust Growth in Nine-Month Earnings, Expands Digital and Physical Footprint appeared first on Pakistan Business News.

Karachi: Faysal Bank Limited (FABL) has reported a notable year-over-year growth in its performance for the first nine months of the year, amidst the broader context of Pakistan's struggling energy sector. The financial institution’s profits soared du...

The post FABL Delivers Strong Year-over-Year Growth in 9M Results, Amid Challenges in Pakistan’s Energy Sector appeared first on Pakistan Business News.

Karachi: A recent economic impact study conducted by Oxford Economics for Emirates Group and Dubai Airports has underscored the increasing importance of the aviation sector to Dubai's economy. The study reveals that aviation, including Emirates Group,...

The post Dubai’s Aviation Sector to Bolster GDP Contribution to 32% by 2030, Fueling Job Growth and Tourism appeared first on Pakistan Business News.

Islamabad: The government has announced the final auction date for the privatization of Pakistan International Airlines (PIA), scheduled for October 30. This decision aims to address the financial challenges of the national carrier by aligning with th...

The post Government Sets October 30 for PIA Privatization Auction appeared first on Pakistan Business News.