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Dubai’s Aviation Sector to Bolster GDP Contribution to 32% by 2030, Fueling Job Growth and Tourism

Karachi: A recent economic impact study conducted by Oxford Economics for Emirates Group and Dubai Airports has underscored the increasing importance of the aviation sector to Dubai's economy. The study reveals that aviation, including Emirates Group,...

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FABL Delivers Strong Year-over-Year Growth in 9M Results, Amid Challenges in Pakistan’s Energy Sector

Karachi: Faysal Bank Limited (FABL) has reported a notable year-over-year growth in its performance for the first nine months of the year, amidst the broader context of Pakistan's struggling energy sector. The financial institution’s profits soared du...

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Bank Alfalah Reports Robust Growth in Nine-Month Earnings, Expands Digital and Physical Footprint

Karachi: Bank Alfalah Limited (BAFL) has reported a significant rise in its profits for the first nine months of 2024, with earnings reaching PKR 33.6 billion, marking a 23% year-over-year increase. This growth was propelled by a substantial rise in N...

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National Foods Reports Downturn in FY24 Earnings Despite Growth in Retail Sector

Karachi: National Foods Limited (NATF) experienced a significant downturn in its FY24 financial results, primarily due to a decline in its core business, despite notable growth and profitability in its retail segment. The company reported consolidated...

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Islamic Trade Finance Corporation Commits $3 Billion in Commodity Financing for Pakistan

Washington DC: Finance Minister Muhammad Aurangzeb met with a delegation from the Islamic Trade Finance Corporation (ITFC), led by CEO Eng. Hani Salem Sonbol, to discuss the expansion of trade financing for Pakistan. During the meeting, ITFC pledged U...

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Pakistan and Sri Lanka Reaffirm Defense and Security Cooperation

Rawalpindi: Air Marshal RAUP Rajapaksa, Commander of the Sri Lanka Air Force, met with General Sahir Shamshad Mirza, Chairman of Pakistan’s Joint Chiefs of Staff Committee, at the Joint Staff Headquarters in Rawalpindi, during an official visit aimed ...

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Senate Foreign Affairs Committee Chairman Meets Uzbekistan’s Ambassador in Islamabad to Strengthen Bilateral Ties

Islamabad: Senator Irfan-ul-Haque Siddiqui, Chairman of the Senate Standing Committee on Foreign Affairs, held a meeting with Uzbekistan’s Ambassador to Pakistan, Alisher Tukhtaev, to discuss avenues for strengthening bilateral relations between the t...

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