Allied Bank Earnings Dip 8% YoY but Jump 37% QoQ on Fee and Capital Gains
Allied Bank Limited (AKBL) reported a profit after tax of Rs.6.6 billion (EPS: Rs.4.54) for 1QCY26, down 8 percent year-on-year
“Ill-Timed Decision”: FPCCI Slams SBP Over 1% Interest Rate Increase
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly rejected the State Bank of Pakistan’s decision to
Govt Orders Everyone to Seek Its Approval on Crypto Projects in Pakistan or Get Banned
The Pakistan Virtual Assets Regulatory Authority (PVARA) has issued a regulatory advisory requiring prior authorization for any virtual asset pilot
Soneri Bank Enters Asset Management Sector With New Rs. 1 Billion Subsidiary
Soneri Bank Limited has announced plans to establish a new asset management company as part of its business diversification strategy,
US Economist Steve Hanke Says Iranian Rial Strengthened Despite Trump’s War
American economist and professor at Johns Hopkins University, Steve Hanke, has stirred debate after claiming that Iran’s currency strengthened against
PIA Gets Financial Relief As Govt Okays Settlement Plan for Its Employees
The Economic Coordination Committee (ECC) has approved financial support for Pakistan International Airlines (PIA) to help settle outstanding employee-related payments,
Pakistan to Briefly Allow Temporary Import of Used Cars and Auto Parts
The Economic Coordination Committee (ECC) has approved a pilot initiative allowing the temporary import of used vehicles and spare parts
Govt Allows Export of Donkey Meat From Gwadar Port
The federal government has approved the export of donkey meat and hides from the Gwadar Donkey Slaughter House as part
PKR Holds Firm Against US Dollar for 148th Day, Weakens Against Euro and Pound
The Pakistani rupee continued its upward streak against the US dollar on Monday, closing in the green for the 148th
Pakistan Faces Severe Power Outages Due to Current Heatwave
Pakistan has issued a heatwave alert for several regions of the country, raising concerns that rising temperatures could sharply increase
