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Interior Minister Sets Ambitious Deadlines for Islamabad Infrastructure Projects

ISLAMABAD: Interior Minister Mohsin Naqvi visited key infrastructure projects in Islamabad on Thursday, issuing directives aimed at accelerating their completion. During his inspection of the F-8 Jinnah Avenue Interchange and F-10 Roundabout expansion...

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CPEC Progresses to Phase Two Under Premier’s Leadership: Planning Minister

London: The China-Pakistan Economic Corridor (CPEC) has entered its second phase, regaining momentum under the leadership of Prime Minister Shehbaz Sharif, Planning Minister Ahsan Iqbal announced during a visit to British International Investment.

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PM Discusses Naval Preparedness with Admiral Naveed Ashraf

Islamabad: Prime Minister Muhammad Shehbaz Sharif met with Chief of Naval Staff, Admiral Naveed Ashraf, in Islamabad to discuss the Pakistan Navy's ongoing and upcoming initiatives.

According to a statement by Ministry of Information and Broadcastin...

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FPCCI Hosts Meeting to Enhance Pakistan-UAE Trade Relations

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...

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Bank Alfalah Reports Strong Financial Performance for 2024

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...

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VIS Finalizes Rating for K-Electric’s PKR 5 Billion Sukuk

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...

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Pakistan Banks’ Profits Expected to Decline Amid Higher Taxes and Shrinking Margins

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...

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