Karachi: The latest figures released by the Exchange Companies Association of Pakistan reveal slight adjustments in the foreign exchange rates between August 21 and August 22, 2024. The rates for major currencies like the US Dollar, Euro, and British …
Islamabad: Ufone 4G has announced a strategic partnership with Samsung to offer discounted smartphones on its new sales platform, aimed at enhancing the digital lifestyle experiences of its customers in Pakistan. The collaboration includes the creatio…
Karachi: Zong has launched its high-speed 4G network services across more than 15 cities in Gilgit Baltistan, marking the largest network expansion in the region. This rollout includes major areas like Gilgit, Hunza, and Skardu, enhancing digital conn…
Karachi: The Korangi Association of Trade and Industry (Kati) has raised concerns over the delay in the release of a 33 billion rupee electricity subsidy promised to Karachi’s industrialists. Kati’s President, Johar Kandhari, expressed dissatisfaction…
Karachi: Cherat Cement Company Ltd. (CHCC) unveiled its fourth-quarter financial results for FY24, marking a significant rise in earnings despite a substantial tax burden. The company reported net earnings of PkR0.9 billion, translating to an earnings…
Islamabad: Bank Alfalah Limited (BAFL) today announced a profit of PKR 20.6 billion for the first half of 2024, marking an 11% increase year-over-year, fueled by significant growth in non-interest income and net interest income (NII). The bank also re…
Islamabad: Pakistan is anticipated to see inflation drop into single-digit territory for the first time in three years by August 2024, even with a minor monthly uptick, signaling a possible shift towards more favorable economic conditions. The Consume…