Islamabad: Millat Tractors Limited (MTL) reported a significant 38% year-on-year drop in its unconsolidated profit for the fiscal year 2025, reaching Rs6.4 billion (earnings per share of Rs31.94). This decline comes as tractor sales plummeted by 39% c…
Islamabad: Multan witnessed the inauguration of Pakistan’s first female-led appliance service franchise by Dawlance, a prominent home appliance manufacturer and an Arcelik subsidiary. Australian High Commissioner Neil Hawkins visited the groundbreakin…
Islamabad: Dubai Islamic Bank Pakistan (DIB) has received the Shaukat Khanum Social Responsibility Award 2024. The Shaukat Khanum Memorial Trust (SKMT) presented the honor at an event in Karachi, recognizing DIB’s ongoing dedication to social welfare …
Islamabad: Habib Bank Limited (HBL) is prioritizing current account mobilization while maintaining a robust financial standing, according to insights from a recent management meeting with senior executives including CFO Irfan Meer. The bank confirmed …
Islamabad: Investigations into a staggering Rs 41 billion financial scandal at the Securities and Exchange Commission of Pakistan (SECP) are reportedly stalling, raising serious concerns about accountability and institutional impunity. Despite the Aud…
Islamabad: Pak Elektron Limited (PAEL) is set for significant expansion, having secured US$44 million in export orders, primarily from the United States, including contracts with prominent corporations like Tesla. The electronics manufacturer aims to …
Islamabad: The State Bank of Pakistan (SBP) maintained its benchmark policy rate at 11% amid concerns about the economic impact of recent floods. The central bank, in its monetary policy statement, acknowledged the floods as a “temporary yet significa…