Karachi: The banking sector in Pakistan is bracing for a challenging fourth quarter, with anticipated declines in profitability driven by shrinking net interest margins and increased taxation costs. Despite these hurdles, dividend payouts are expected…
Islamabad: The Board of Directors of Bank Alfalah Limited has approved the financial results for the year ended December 31, 2024, showcasing a robust performance in challenging conditions. The bank reported a profit after tax of PKR 38.318 billion, w…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hosted a significant meeting of the Pakistan-UAE Business Council at its headquarters in Karachi. The gathering was aimed at bolstering trade ties between Pakistan and the U…
Karachi: Bank Alfalah Limited (BAFL) announced its fourth-quarter financial results for the year 2024, revealing a profit of PkR4.7 billion, which marks a decrease of 49% compared to the previous year and a 64% drop from the previous quarter. Despite …
Karachi: Bank Alfalah Limited reported a significant decline in profits for the fourth quarter of 2024, announcing earnings of PkR4.7 billion, or PkR3.0 per share. This represents a year-over-year decrease of 49% and a quarterly drop of 64%. Despite t…
Lahore: The China-Pakistan Economic Corridor (CPEC) is set to reshape Pakistan’s industrial framework, with Special Economic Zones (SEZs) playing a pivotal role in driving industrialization and investment, Zafar Iqbal, Vice President of the Pakistan C…