EXIM Banks of Pakistan and Türkiye Sign M.o.U. to Strengthen Export Ties

Islamabad: An agreement aimed at enhancing export cooperation was signed between the Export-Import Bank of Pakistan (EXIM Bank) and Türk Eximbank during the official visit of President Recep Tayyip Erdo?an of Türkiye to Pakistan. This accord is part o...

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Alarming Rise in Violence Against Women in India Exposed by New Report

Islamabad: A recent report by Kashmir Media Service has brought to light the escalating violence against women in India, emphasizing the country’s troubling record under Prime Minister Narendra Modi's leadership. While India annually celebrates Nation...

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Meezan Bank Reports Strong Results Amid Cost Controls and Securities Gains

Karachi: Meezan Bank Ltd (MEBL) released its fourth quarter results for the calendar year 2024, reporting an unconsolidated net profit after tax of PKR 24.0 billion, or PKR 13.4 per share. This marks a decline of 9% year-over-year and 7% quarter-over-...

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PACRA Assigns Preliminary Ratings to Ismail Industries Amid Expansion Plans

Karachi: Ismail Industries Limited has been assigned preliminary ratings by PACRA, reflecting its strategic growth and financial performance. The company, known for its brands including Candyland and Bisconni, has a stable outlook with long-term and s...

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Standard Chartered and IFC Expand Trade Finance Program to $400 Million

Karachi: Standard Chartered Bank Pakistan and the International Finance Corporation (IFC) are planning to expand their Risk-Participation Facility to $400 million from the current $200 million, aiming to enhance access to trade finance for local busin...

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Engro Polymer and Chemicals Ltd Reports Loss Amid Challenging Market Conditions

Karachi: Engro Polymer and Chemicals Ltd (EPCL) held an analyst briefing to discuss its financial performance for the calendar year 2024 and future outlook. The company reported a significant loss of PKR 160.6 million compared to a profit of PKR 8.9 b...

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