Business

Karachi: Allied Bank Ltd (ABL) conducted its analyst briefing, revealing a 28% year-on-year decrease in standalone net profit after tax (NPAT) for the first nine months of the calendar year 2025. The bank attributed this reduction to a decline in net ...

Guangzhou: TCL has unveiled its latest air conditioning technologies, including the VoxIN JetMax and SaveIN Series, at the Middle East and Africa Air Conference 2025 in Guangzhou, China. The event highlighted the company's commitment to integrating in...

Karachi: Earnings for Pakistan's leading oil and gas exploration and production companies are projected to remain subdued in the first quarter of fiscal year 2026, according to a preview released by JS Global. The report anticipates a decline of 8% ye...

Karachi: Interloop Ltd. (ILP) has released its financial results for the first quarter of fiscal year 2026, recording a substantial increase in profitability. The company reported a profit of PKR 2.8 billion (EPS: PKR 2.0), marking a 12.6-fold increas...

KARACHI: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, as anticipated by market analysts. This decision follows a meeting of the Monetary Policy Committee (MPC), which highlighted a more optimistic economic outlook t...

Karachi: Meezan Bank Ltd reported its third-quarter financial results, revealing a net profit of PkR21.1 billion, marking an 18% decrease from the previous year. Despite the decline, the results are in line with projections, and the bank announced an ...

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, reflecting current trends in the financial market. The data, updated as of October 24, 2025, indicates stable interest rates across various ten...