Business

Muzaffarabad, The Muzaffarabad Bank of Azad Jammu and Kashmir has seen a notable increase in its assets and deposits in the early months of this year. The assets of the bank grew by Rs 11.19 billion, reaching a total of more than Rs 43.758 billion, wh...

The post Muzaffarabad Bank Records Significant Growth in Assets and Deposits appeared first on Pakistan Business News.

Karachi, Fly Jinnah, Pakistan's low-cost carrier, is set to expand its international network by introducing non-stop flights from Islamabad to Bahrain starting June 13, 2024. The service will operate twice a week, marking the airline’s third internati...

The post Fly Jinnah Announces New Islamabad to Bahrain Route, Expanding Its International Reach appeared first on Pakistan Business News.

Lahore, The Lahore Development Authority (LDA) has successfully auctioned 25 properties, including residential and commercial plots, petrol pumps, and educational sites, generating a record revenue of PKR 1,114,995,922. This marks the highest income f...

The post LDA Records Highest Revenue in Five Years from Property Auction appeared first on Pakistan Business News.

Karachi, Meezan Bank has been certified by Risk Associates as Pakistan's first bank compliant with the Payment Card Industry Three Domain Secure (PCI 3DS) standard. This certification establishes Meezan Bank, a leading Islamic financial institution in...

The post Meezan Bank Becomes Pakistan’s First to Achieve PCI 3DS Certification appeared first on Pakistan Business News.

Islamabad, The latest figures released by the Exchange Companies Association of Pakistan show a continuation of currency value fluctuations in Pakistan, with changes noted in the buying and selling rates of major currencies including the USD, EURO, GB...

The post Currency Fluctuations Continue in Pakistan with Notable Changes in Major Currencies appeared first on Pakistan Business News.

Islamabad, The Pakistan Credit Rating Agency (PACRA) has sustained the entity ratings for Entertainment Pakistan Limited (EPL), acknowledging its dual income streams from property rentals and sales, despite facing challenges such as legal hurdles and ...

The post PACRA Maintains Entity Ratings for Entertainment Pakistan Limited Amid Real Estate Developments appeared first on Pakistan Business News.

Islamabad, The Pakistan Credit Rating Agency (PACRA) has maintained its debt instrument rating for Samba Bank Limited (SBL), supported by the strong financial profile of its major shareholder, Saudi National Bank (SNB), the largest commercial bank in ...

The post PACRA Upholds Samba Bank Limited’s Debt Instrument Rating Amid Ownership Change appeared first on Pakistan Business News.