Faysal Bank Reports Profit of Rs. 13.3 Billion in H1 2024
Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, continued with its growth stride and has announced
One Submarine Cable Fixed, One More to Go: PTA Shares Update on Internet Slowdown
The ongoing internet slowdown across the country is mainly due to a fault in two (SMW4 , AAE-1) of the
PSO continues to Dominate the Energy Market, Reports Profit Rs. 15.9 Billion in FY24
PSO, the nation’s largest energy company, showcased impressive financial performance and strategic prowess in a challenging market. At a meeting
Fauji Cement Reports Record Profit of Rs. 8.2 Billion in FY24
Fauji Cement Company Limited (PSX: FCCL) has reported a record profit after tax (PAT) of Rs. 8.2 billion for the
FBR Chairman Suspends Customs Official for Seeking “Choice Posting” Through Influence
The Federal Board of Revenue (FBR) Chairman Rashid Mahmood has suspended a BS-18 customs official, Jawad-ul-Hassan, for attempting to exert
Govt to Strictly Monitor and Control Sugar Price Increases: Finance Ministry
The Ministry of Finance has announced measures to ensure the implementation of retail and wholesale sugar prices. According to sources
High Construction Costs and Reduced Purchasing Power Hit Pakistan’s Real Estate Market
The real estate market in Pakistan is grappling with significant economic challenges, including high construction costs and diminishing purchasing power,
Pakistan’s NBFI Assets Near Rs. 4 Trillion Mark
The total assets of Pakistan’s non-banking finance industry (NBFI) have reached Rs 3,978.30 billion as of June 30, 2024, according
Internet Slowdown Threatens Pakistan’s Telcos with Rs. 12 Billion Annual Loss
The Telecom Operators Association (TOA) of Pakistan has raised an urgent alarm over the recent nationwide slowdown in internet speed,
Govt Halts Subsidies on Essential Food Items at Utility Stores
The federal government has verbally ordered the suspension of a Rs. 50 billion subsidy at utility stores, with written orders
