Islamabad: Trans World Enterprise Services (Private) Limited (TES) maintains a developing business profile in Pakistan's telecom sector, specializing in Fiber-to-the-home (FTTH), Tru TV™, and Voice offerings, according to the Pakistan Credit Rating Ag...
Read More »HBL Prioritizes Current Account Growth Amidst Strong Financial Performance
Islamabad: Habib Bank Limited (HBL) is prioritizing current account mobilization while maintaining a robust financial standing, according to insights from a recent management meeting with senior executives including CFO Irfan Meer. The bank confirmed ...
Read More »Pak Elektron Poised For Major Growth With US$44 Million In Export Orders, Eyeing US Market Expansion
Islamabad: Pak Elektron Limited (PAEL) is set for significant expansion, having secured US$44 million in export orders, primarily from the United States, including contracts with prominent corporations like Tesla. The electronics manufacturer aims to ...
Read More »Dubai Islamic Bank Awarded For Social Responsibility
Islamabad: Dubai Islamic Bank Pakistan (DIB) has received the Shaukat Khanum Social Responsibility Award 2024. The Shaukat Khanum Memorial Trust (SKMT) presented the honor at an event in Karachi, recognizing DIB's ongoing dedication to social welfare ...
Read More »KATI Slams Unchanged Policy Rate Amidst Record-Low Inflation
Islamabad: Korangi Association of Trade and Industry (KATI) President Junaid Naqi expressed profound dissatisfaction with the State Bank of Pakistan's decision to hold the monetary policy rate at 11 percent, particularly given the record-low inflation...
Read More »Millat Tractors’ Profits Plunge 38% Amidst Declining Sales
Islamabad: Millat Tractors Limited (MTL) reported a significant 38% year-on-year drop in its unconsolidated profit for the fiscal year 2025, reaching Rs6.4 billion (earnings per share of Rs31.94). This decline comes as tractor sales plummeted by 39% c...
Read More »Dawlance Unveils Pakistan’s First Female-Led Appliance Service Center
Islamabad: Multan witnessed the inauguration of Pakistan’s first female-led appliance service franchise by Dawlance, a prominent home appliance manufacturer and an Arcelik subsidiary. Australian High Commissioner Neil Hawkins visited the groundbreakin...
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