JS Bank’s Profit Soars by 511% to Rs. 18.8 Billion in First Half of 2024
JS Bank, one of the fastest-growing banks in Pakistan, announced its financial performance for the first half of 2024. The
Telenor Microfinance Bank Posts Record Profit Before Tax of Rs. 2.6 Billion in H1 2024
The Board of Directors of Telenor Microfinance Bank (TMB) in its meeting held on August 22, 2024, approved the Bank’s
Moody’s Upgrades Long-Term Deposit Ratings of 5 Pakistani Banks to Positive
Moody’s Ratings (Moody’s) has upgraded the long-term deposit ratings of five Pakistani banks—Allied Bank Limited (ABL), Habib Bank Ltd. (HBL),
AGP Criticizes FAB for Allocating Free Backhaul Frequencies Without AIP Framework
The Auditor General of Pakistan has raised serious concerns over the allocation of free backhaul frequencies without the formation of
Babusar Top Welcomes First Snowfall of the Season in August
Babusar Top in the scenic Kaghan Valley has welcomed its first snowfall of the season, with a layer of one
Pakistan’s Banking Sector Sees Profit Growth of 4% in Q2, Posts Rs. 137 Billion Profit
In the second quarter of 2024, Pakistan’s listed banks reported a 4% year-on-year increase in profitability, reaching Rs. 137 billion.
OGDCL Discovers Gas Condensate in Sindh
The Joint Venture of Sinjhoro Block, led by Oil & Gas Development Company Limited (OGDCL) with partners Orient Petroleum and
SBP Foreign Exchange Reserves Increase by $112 Million
The State Bank of Pakistan (SBP) reported an increase of $112 million in its foreign exchange reserves on a weekly
PTA Starts Blocking Online Content, Websites and Apps Through Web Monitoring System
The Pakistan Telecommunication Authority (PTA) has started blocking online content through its Web Monitoring System (WMS), restricting access to numerous
Water Storage in Major Reservoirs Surpasses 5-Year Average
The cumulative water storage in Pakistan’s major reservoirs, including Tarbela, Mangla, and Chashma, reached 11.506 million acre-feet (MAF) on Thursday.
