Bank AL Habib declares Rs12.88bn profit before tax
The Board of Directors of Bank AL Habib Limited announced the financial results for the nine months period ended September 30, 2019.
The...
Soneri Bank reports Rs1.2bn profit
The Board of Directors of Soneri Bank Limited, in their 172nd meeting held on Thursday, approved the bank’s condensed interim financial statements...
No plan to pursue tax-related cases, NAB chief tells businessmen
KARACHI: National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal said on Thursday that there is a difference between tax evasion and money...
SBP reserves up 1.1pc to $7.89bn
The foreign exchange reserves held by the State Bank of Pakistan increased 1.14pc on a weekly basis.
According to data released by the...
BankIslami posts Rs973m profit for 9M2019
The Board of Directors of BankIslami Pakistan Limited recently approved the bank’s unaudited financial results for the nine months ended September 30,...
‘Govt committed to reducing regulatory burden on businesses’
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razzak Dawood has said that the government was taking concrete measures to facilitate and address...
Coca-Cola appoints Fahad Ashraf as GM for Pakistan, Afghanistan
The Coca-Cola Export Corporation (Pakistan) has announced a new leadership appointment with Fahad Ashraf taking over as the new General Manager for...
US company mulls investing $100m in Gilgit-Baltistan
ISLAMABAD: A delegation of True North, a US-based investment company, has expressed its keen interest to invest in the tourism sector of Gilgit-Baltistan.
A...
Govt likely to lay off more than 30,000 employees before June 2020
ISLAMABAD: The government has been mulling to lay off more than 30,000 employees of some 20 state institutions before June 2020, apparently...
PSX lists Rs200bn energy Sukuk
ISLAMABAD: Pakistan Energy Sukuk-I (PES-I) issue of Rs200 billion got listed at the Pakistan Stock Exchange (PSX) on Thursday. PES-I is the largest...
India’s biggest airline reports $150m loss as costs surge
BENGALURU: India's biggest airline IndiGo reported a bigger loss in the September quarter, hurt by higher expenses and as the aviation industry grapples...
Bullish momentum prevails as index closes 322 points higher
KARACHI: Extending the rally from the previous session, the Pakistan Stock Exchange (PSX) closed on Thursday with decent gains.
Foreign investors turned once again...
Cement exports drop 14pc in first quarter FY20
ISLAMABAD: The export of cement during the first quarter of the current financial year (FY20) witnessed a decline of 13.94pc as compared...
Pakistan jumps 28 places in WB’s Ease of Doing Business Index
ISLAMABAD: Pakistan has jumped up 28 places on the World Bank's (WB) Ease of Doing Business Index, besides securing a place among the...
Heatwave destroys one-third of cotton crop in Pakistan
ISLAMABAD: One-third of the cotton crop has been destroyed due to the heat wave in Pakistan, especially in lower Sindh, said Senator...