KARACHI: Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum, announced that the revival of the Basant festival in Lahore has emerged as a significant economic driver, generating Rs 6 to Rs 8 billion in revenue over three…

Karachi: Meezan Bank, one of Pakistan’s leading Islamic banks, has entered into a strategic partnership with Freedom Bank Kazakhstan to set up a PKR Vostro Account. This move marks a significant development in enhancing correspondent banking ties betw…

Karachi: Meezan Bank Ltd (MEBL) released its financial results for the fourth quarter of the calendar year 2025, registering a net profit after tax (NPAT) of PkR21.8 billion, equivalent to earnings per share (EPS) of PkR12.1. This marks a 10% year-on-…

Karachi: Askari Bank Limited (AKBL) released its financial report for the fourth quarter of calendar year 2025, revealing a net profit after tax (NPAT) of PKR 4.8 billion, translating to earnings per share (EPS) of PKR 3.3. This figure represents a de…

Karachi: Auto sales in Pakistan are anticipated to reach their highest levels since mid-2022, with projections indicating a significant increase in January. This surge is expected to be driven by a cumulative growth of 43% year-on-year, totaling appro…

Karachi: Meezan Bank has announced its earnings for the fourth quarter of 2025, reporting a 10% year-over-year decline in earnings per share (EPS) to Rs12.1, while showing a 4% quarter-over-quarter increase. According to JS Global, the bank’s unconsol…