SBP reserves increased by US$ 18 million
The total liquid foreign reserves held by the country stood at US$ 19,617.8 million as of 22-Aug-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
inDrive waives commission in Karachi to support drivers impacted by heavy rains
inDrive, the global mobility and urban services platform, has announced a special relief initiative for its driver community in Karachi, following the recent spell of heavy rains that disrupted daily…
SBP makes Public its Annual Financial Statements for the Financial Year 2024-25
The State Bank of Pakistan has released its financial statements for FY25 along with the auditors’ report thereon on its website. Simultaneously, the aforesaid financial statements and auditors’ report have…
FPCCI welcomes Thomas E. Schultze as the Consul General of Germany in Karachi
Mr. Atif Ikram Sheikh, President FPCCI, has said that the newly-appointed Consul General of Germany in Karachi, H. E. Mr. Thomas Eberhard Schultze has informed the business, industry, and trade…
Stream ad-free sports & entertainment in Ultra-HD with Tamasha Pro
Tamasha, Pakistan’s leading digital entertainment platform by Jazz, has introduced Tamasha Pro, a premium subscription plan to elevate the streaming experience with exclusive content, Ultra-HD quality, and an ad-free viewing…
U.S. reciprocal tariff framework calls for urgent domestic reforms: Mian Zahid Hussain
Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum, Chairman National Business Group Pakistan (NBG), has welcomed the new U.S. reciprocal tariff framework introduced under the "America First…
Nestlé Pakistan supports NDMA with 300,000 liters of clean drinking water for flood-affected
Nestlé Pakistan has completed donations of 200,000 liters of clean drinking water, in the first phase to support vulnerable communities affected by the devastating floods in Khyber Pakhtunkhwa and Gilgit…
Faysal Bank reports H1 2025 financial results amidst continued business momentum
Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, sustained its business momentum in the first half of 2025 and continued to gain market share in…
Driving Digital Transformation: CDC Integrates RAAST Aggregator with AKD Securities
The Central Depository Company of Pakistan (CDC) has onboarded AKD Securities Limited to its RAAST Aggregator Platform, enabling investors to transfer funds instantly and securely. This strategic integration, implemented with…
D.G. Khan Cement will likley post an impressive 248% increase YoY
AHCML Research has published its report on D.G. Khan Cement Company Limited (DGKC) for the quarter ending 4QFY25. The company is expected to report a Profit After Tax (PAT) of…
PNSC’s fleet increased from ten to twelve ships
Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has been briefed by officials of the Pakistan National Shipping Corporation (PNSC) on recent developments in the fleet. The PNSC has added…
Engro Holdings Limited’s PAT stood at PKR 19,562 million for 1H ended June 2025
Engro Holdings Limited, previously Dawood Hercules Corporation Limited (PSX: ENGROH), announced its financial results for the half year ended June 30, 2025. Overview of Financial Performance For the half year…
ABHI partners with Fast Cables to empower employees with financial flexibility
In a landmark move towards employee financial empowerment, ABHI, a neobank of the future, has partnered with FAST Cables, one of Pakistan’s leading manufacturers of electrical cables and LED Lights,…
FATIMA saw improvements in profitability due to higher sales volumes in 2QCY25
AKD Research has analyzed the financial results of Fatima Fertilizer Company Ltd. (FATIMA) and noted improvements in profitability due to higher sales volumes. The company reported consolidated earnings of PKR…
U.S. reciprocal tariff framework calls for urgent domestic reforms: Mian Zahid Hussain
Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum, Chairman of the National Business Group Pakistan (NBG), has welcomed the new U.S. reciprocal tariff framework introduced under the…
SBP – BSC and UN Women Pakistan have signed MoU
The State Bank of Pakistan, Banking Service Corporation (SBP BSC) and UN Women Pakistan have signed a Memorandum of Understanding (MoU) to foster long-term cooperation aimed at enhancing financial inclusion,…
realme unveils game-changing innovations at 828 Global Fan Festival
Today, realme celebrates its 7th anniversary, proudly serving over 300 million users worldwide, including millions in Pakistan. The brand unveils two groundbreaking technologies: the 15000mAh Ultra-High-Density Battery and the realme…
Balochistan’s resources can transform Pakistan’s destiny: Syed Aman Shah
Syed Aman Shah, the Provincial Convener of the Awaam Pakistan Party, has said that the land of Balochistan is richly blessed with abundant natural resources and immense economic potential. From…
BAHL announced its 2QCY25 financial results earlier today
According to AKD Research, the Bank Al-Habib Limited (BAHL) announced its 2QCY25 financial results earlier today, wherein the bank posted NPAT of PkR9.1bn (EPS: PkR8.2) for the quarter, down 18%YoY/11%QoQ.…
Gwadar Port to be powered through solar initiative: Junaid Anwar Chaudhry
Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, stated that efforts are underway to implement solar-based solutions aimed at operationalizing and improving the efficiency of Gwadar Port. The Federal Minister…
AKD Research has expressed an optimistic outlook on ENGROH
AKD Research has expressed an optimistic outlook on ENGROH, highlighting the preview of its earnings for 2QCY25. They anticipate a significant increase in earnings, driven by the ongoing success of…
Syed Mazhar Ali Nasir expresses deep solidarity with the victims of heavy rains
The Honorary Consul General of Zimbabwe in Pakistan, Syed Mazhar Ali Nasir, has expressed profound grief and sorrow over the widespread devastation caused by the recent heavy rains across Pakistan,…
SSGC signs contract with FAMCO for digital transformation of its ERM
Keeping abreast of the latest global technology developments, Sui Southern Gas Company (SSGC) stepped up towards the digital transformation of its Enterprise Risk Management (ERM) Framework in alignment with the…
Yango Tech explores strategic collaboration with Pakistan’s Ministry of IT & Telecom
Yango Tech, the unified ecosystem delivering advanced B2B technology solutions to local businesses, recently held a high-level meeting with the Honourable Federal Minister for IT & Telecom, Ms. Shaza Fatima, to…
Standard Chartered Pakistan reports PBT of PKR 32.9 billion
Standard Chartered Bank (Pakistan) Limited delivered a resilient financial performance with a profit before tax of PKR 32.9bn compared to PKR 49.3bn in H1’24. The Bank posted a revenue of PKR…
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