Karachi, August 24, 2023: Faysal Bank Limited has unveiled an impressive performance report for the first half of 2023, signaling robust business fundamentals and astute risk management. As per the official financial report, Faysal Bank reported a remarkable net profit of PKR 7.5 billion, marking an astounding 72 percent surge compared to the same period…
Karachi, August 24, 2023: The State Bank of Pakistan (SBP) issued a commemorative coin of 75 rupees during a ceremony held in Islamabad on Thursday to mark the 75th anniversary of the establishment of diplomatic relations between Pakistan and the USA. The Honorable Foreign Secretary for Pakistan, Muhammad Syrus Sajjad Qazi, graced the occasion as…
Karachi, August 23, 2023: Dellsons Associates, in collaboration with leading commercial banks, will organize an international conference, Pakistan Remittance Summit, in Dubai next month to appreciate the role of overseas Pakistanis in supporting the national economy through remittances. The conference will also educate overseas Pakistanis to utilize formal banking channels through various options available in…
Karachi, August 24, 2024: Indus Motor Company, the assembler of Toyota automobiles in Pakistan, has announced to temporarily shut down the production in Pakistan. According to the details, Toyota Indus Motors has declared a plant shutdown from August 25th to September 6th, sending an official letter to the Pakistan Stock Exchange (PSX). In their statement, the…
Karachi, August 24, 2023: A shocking news was reported from Karachi, where a K-Electric (KE) consumer received an electricity bill exceeding Rs 1500 for a consumption of merely 2 units. According to the current power tariff, which values two units at no more than Rs 33, the bill’s inflated charges have ignited a storm of…