Karachi: Faysal Bank Ltd (FABL) has reported a modest improvement in its third-quarter profits for the calendar year 2025, driven by an increase in core income. The bank announced a net profit after tax (NPAT) of PkR4.9 billion, equating to an earning...
Read More »PACRA Upholds Stability Rating for Alhamra Islamic Income Fund
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of Alhamra Islamic Income Fund, underscoring its medium-risk profile and commitment to generating risk-adjusted returns through Shariah-compliant investment...
Read More »NEPRA Revises K-Electric Tariff Framework Amidst Key Adjustments
Karachi: The National Electric Power Regulatory Authority (NEPRA) has announced significant revisions to K-Electric's (KEL) multi-year tariff (MYT) framework for fiscal years 2024 to 2030, introducing critical changes to the company's operational and ...
Read More »PACRA Affirms Stability Rating for Pakistan Income Fund
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pakistan Income Fund (PIF), which is categorized under a medium risk profile. The fund is designed to provide returns from debt and fixed income inve...
Read More »Met Office Predicts Dry Weather Across Most Regions
Islamabad: Mainly dry weather is expected in most parts of the country, with hot conditions anticipated in the plain areas over the next twelve hours. According to Radio Pakistan, certain regions may experience variations in weather patterns. Partly...
Read More »Cabinet Approves Ban on Tehreek-e-Labaik Pakistan Under Anti-Terrorism Act
Islamabad: The Federal Cabinet has unanimously approved a ban on Tehreek-e-Labaik Pakistan (TLP) under the Anti-Terrorism Act. The decision came during a cabinet meeting chaired by Prime Minister Shehbaz Sharif. According to Radio Pakistan, the Inte...
Read More »PM Shehbaz Sharif Invites Polish Firms to Invest in Pakistan’s Energy, Mining, and IT Sectors
Islamabad: Prime Minister Shehbaz Sharif has invited Polish companies to explore investment opportunities in Pakistan, specifically in the energy, mining, and information technology sectors. This invitation was extended during a meeting with Poland's ...
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