2 years ago 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.
2 years ago SBP Identifies Key Domestic Systemically Important Banks for 2024 The State Bank of Pakistan has announced the designation of D-SIBs for the year 2024 under the Framework for ‘Domestic
2 years ago SECP Introduces New Disclosure Rules for Listed Companies in Non-Shariah Businesses The Securities and Exchange Commission of Pakistan (SECP) has issued new disclosure requirements for financial statements by listed companies and
2 years ago FBR Exempts Withholding Tax on French Medical Imports for Personal Use The Federal Board of Revenue (FBR) has exempted withholding tax on the import of the medicines and eye drops from
2 years ago Fauji Foundation Announces Intent to Acquire Agha Steel Industries In a significant development for the steel industry, Agha Steel Industries Limited (PSX: AGHA) announced on Thursday that it has
2 years ago Hi-Tech Lubricants Ltd. Partners with MDS Foods to Expand Hardee’s Restaurants Across Pakistan Hi-Tech Lubricants Limited, the renowned manufacturer of ZIC Brand Lubricants in collaboration with SK Enmove Co. Ltd. from South Korea,
2 years ago PM Shehbaz Targets $60 Billion in Remittances by 2034 with New Overseas Initiatives In a bold move to bolster the nation’s economy, the Prime Minister has set an ambitious target to increase remittances
2 years ago Pakistan Sees 64.5-Fold Surge in Profit Repatriation in July 2024 The repatriation of profits and dividends from foreign investments in Pakistan soared to $139 million in July 2024, marking a
2 years ago Gold Price in Pakistan Reach Record High for 3rd Straight Day The price of gold in Pakistan has reached a new peak for the third day in a row, as reported