Karachi, October 24, 2024: Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has announced robust financial results for the nine months ending September 30, 2024. The bank reported a remarkable Profit After Tax (PAT) of PKR 19.8 billion, reflecting a substantial 64% increase compared to the same period last year. In light of…
Karachi, October 24, 2024: Provincial Minister for Industries and Commerce, Jam Ikramullah Dharejo, emphasized the importance of industrialists as valuable assets and stated that addressing public issues is the government’s top priority. He made these remarks while presiding over a meeting in his office today. The meeting included key figures such as Secretary of Industries…
KARACHI, October 24 2024: The All Pakistan Textile Mills Association (APTMA) is calling on the Monetary Policy Committee (MPC) to reduce interest rates by at least 400 basis points in its upcoming meeting on November 4, 2024. In light of the current economic climate, APTMA emphasizes that immediate action is necessary to alleviate financial pressures…
Meezan Bank has reached a significant milestone by expanding its branch network to 1,015 locations across the country. In the past year alone, the bank has added 32 new branches, pushing its total beyond the one-thousand mark. Looking ahead, Meezan Bank plans to establish an additional 35 branches, aimed at enhancing accessibility to its services…
KARACHI, October 24 2024: In a surprising turn against government assertions of falling inflation, prices for essential kitchen items in Pakistan continue to rise, straining household budgets. Recent reports highlight significant increases in the costs of staples such as flour, ghee, and cooking oil. Retailers have observed that the price of 5-kg bags of branded…