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Karachi: The United Business Group (UBG) has extended its congratulations to the Government of Pakistan for the successful hosting of the Shanghai Cooperation Organization (SCO) summit in Islamabad, which saw participation from heads of state from seve...

The post United Business Group Praises Government for Successful SCO Summit in Islamabad appeared first on Pakistan Business News.

Karachi: Baluchistan Glass Ltd. (BGL) faced significant financial challenges in FY24, reporting a loss of PKR 508 million, a sharp increase from the previous year's PKR 135 million. The losses were primarily attributed to an extended eleven-month shut...

The post Baluchistan Glass Ltd. Reports FY24 Losses and Operational Challenges appeared first on Pakistan Business News.

Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan show minor fluctuations in the buying and selling prices for major currencies such as the USD, Euro, and GBP between October 16 and 17, 2024.

Accord...

The post Pakistani Currency Rates Show Slight Variation Across Major Currencies appeared first on Pakistan Business News.

Karachi: The banking sector in Pakistan is expected to announce an increase in third-quarter profits for 2024, with estimates projecting a 3% year-on-year rise to PKR 94.4 billion. This increase is largely attributed to strong non-core income, which i...

The post Pakistani Banks Set to Report Solid Third Quarter Earnings, Supported by Non-Core Income Growth appeared first on Pakistan Business News.

Karachi: Air Link Communication Ltd. (AIRLINK) showcased a significant rise in annual revenue to PkR130 billion for FY24, a substantial increase from the previous year’s PkR37 billion, attributed to the lifting of import restrictions. The company also...

The post Air Link Communication Announces Robust FY24 Performance and New Manufacturing Initiatives appeared first on Pakistan Business News.

Peshawar: The Defence Housing Authority Peshawar (DHAP) has announced new construction incentives for plot owners in Sector G and Prism, effective until December 31. This initiative aims to encourage prompt construction and enhance the overall develop...

The post DHA Peshawar Rolls Out Construction Incentives for Sector G, Prism Plot Owners appeared first on Pakistan Business News.

Lahore: Positioned strategically on Raiwind Road, Icon Valley Phase II emerges as a significant real estate development in Lahore, attracting residential and commercial investors with its advantageous location and flexible payment plans. This project ...

The post Icon Valley Phase II Introduces Flexible Payment Options to Attract Investors in Lahore appeared first on Pakistan Business News.