Karachi: Faysal Bank Limited (FABL) has reported a notable year-over-year growth in its performance for the first nine months of the year, amidst the broader context of Pakistan’s struggling energy sector. The financial institution’s profits soared du…
Karachi: A recent economic impact study conducted by Oxford Economics for Emirates Group and Dubai Airports has underscored the increasing importance of the aviation sector to Dubai’s economy. The study reveals that aviation, including Emirates Group,…
Karachi: Pakistan Aluminium Beverages Cans Ltd (PABC) is projected to report a 27% year-over-year growth in earnings for the third quarter of CY24, amounting to Rs1.88 billion, with an earnings per share (EPS) of Rs5.22.
According to JS Global, the …
Islamabad: InDrive, a global ride-hailing service, in partnership with EZ Bike, has launched Pakistan’s first fleet of electric vehicles (EVs) as part of a pilot project aimed at enhancing eco-friendly transportation options. The initiative includes t…
Islamabad: The Government of Pakistan has raised the sales tax rate on tractors to 14% from the previous 10%, a move that applies to both locally produced and imported tractors with engine capacities between 25kW and 75kW. This tax adjustment is aimed…
Karachi: Maple Leaf Cement Factory Ltd. (MLCF) has reported a decline in its first-quarter earnings for FY25, with consolidated earnings falling to PKR 1.3 billion, down from PKR 1.6 billion in the same period last year, a decrease of 17% year-over-ye…