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Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hosted a significant meeting of the Pakistan-UAE Business Council at its headquarters in Karachi. The gathering was aimed at bolstering trade ties between Pakistan and the U...

The post FPCCI Hosts Meeting to Enhance Pakistan-UAE Trade Relations appeared first on Pakistan Business News.

Islamabad: The Board of Directors of Bank Alfalah Limited has approved the financial results for the year ended December 31, 2024, showcasing a robust performance in challenging conditions. The bank reported a profit after tax of PKR 38.318 billion, w...

The post Bank Alfalah Reports Strong Financial Performance for 2024 appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has concluded the rating process for K-Electric Limited's (KEL) Short Term Sukuk (STS-25), which was valued at PKR 5.0 billion. The issuance and maturity of this financial instrument took place on May 2...

The post VIS Finalizes Rating for K-Electric’s PKR 5 Billion Sukuk appeared first on Pakistan Business News.

Karachi: The banking sector in Pakistan is bracing for a challenging fourth quarter, with anticipated declines in profitability driven by shrinking net interest margins and increased taxation costs. Despite these hurdles, dividend payouts are expected...

The post Pakistan Banks’ Profits Expected to Decline Amid Higher Taxes and Shrinking Margins appeared first on Pakistan Business News.

North Waziristan: Six members of the Khwarij group were killed in an intelligence-based operation conducted by security forces in the Mir Ali area, according to official reports.

According to a statement by Ministry of Information and Broadcasting, ...

The post Security Forces Eliminate Six Khwarij in North Waziristan appeared first on pakistannewsgazette.com.

Islamabad: A meeting of the Cabinet Committee on Rightsizing of the Federal Government convened at the Finance Division, led by Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue. The focus was on evaluating restructuring proposa...

The post Cabinet Committee Reviews Restructuring Proposals for Information and Culture Ministries appeared first on pakistannewsgazette.com.

Islamabad: Prime Minister Shehbaz Sharif has emphasized the importance of improving the quality of locally produced materials to enhance export performance. In a meeting with the Pakistan Business Council, led by Chairman Shabbir Diwan, the Prime Mini...

The post PM Urges Local Industry to Elevate Standards for Export Growth appeared first on pakistannewsgazette.com.