Karachi: MG Pakistan has announced a series of customer-focused initiatives to celebrate its fifth anniversary in the country. As part of its "5 Years of Setting Standards" campaign, the company is offering five years of free periodic maintenance, val...
Read More »Zindigi and PAK-EEF Collaborate to Digitize Scholarship Fund Disbursement
Karachi: Zindigi, powered by JS Bank, has entered into a partnership with the Pakistan Education Endowment Fund (PAK-EEF) to modernize the scholarship fund disbursement process through digital means. The collaboration is aimed at enhancing financial i...
Read More »United Bank Ltd Reports Strong 3QCY25 Results with Significant Earnings Increase
Karachi: United Bank Ltd (UBL) announced its financial results for the third quarter of the calendar year 2025, reporting a significant increase in net profit after tax (NPAT) to PkR35.3 billion, marking a 93% increase year-over-year and a 24% rise qu...
Read More »Engro Fertilizers’ Profitability Dips Amid Decline in Phosphate Sales
Karachi: Engro Fertilizers Ltd. (EFERT) reported a notable decline in its profitability for the third quarter of the calendar year 2025, attributing the downturn to a significant drop in phosphate sales. The company announced consolidated earnings of ...
Read More »Currency Exchange Rates Show Modest Movement in Pakistan
Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for October 15, 2025, indicating slight fluctuations in currency values. The United States dollar was recorded at a buying rate of 281.63 an...
Read More »Tariq Glass Industries Sees Earnings Boost Amid Strategic Moves
Karachi: Tariq Glass Industries Limited (TGL) presented its fiscal year 2025 results at a corporate briefing, revealing a 9% year-on-year increase in earnings per share, which rose to Rs27.75. The company also declared a cash dividend of Rs4 per share...
Read More »PACRA Reaffirms Stability Rating for ABL Money Market Fund
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Money Market Fund (ABL MMF), underscoring its commitment to preserving capital while delivering competitive returns. The Fund, characterized by i...
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