Lahore: The Small and Medium Enterprises Development Authority (SMEDA) and the Pakistan Microfinance Investment Company Limited (PMIC) have agreed to collaborate in a concerted effort to widen access to financial services for microenterprises across P…
Karachi: BankIslami, a prominent Islamic financial institution in Pakistan, has reported a profit before tax of PKR 13.9 billion for the fiscal year ending December 31, 2025. The bank declared a cash dividend of PKR 1.25 per share, culminating in a to…
JEDDAH: Saudia Group has announced the integration of over 1,000 newly trained aviation specialists into its workforce, marking a significant achievement in its history. This development is part of the Kingdom’s strategy to bolster its aviation sector…
Karachi: Faysal Bank Limited (FABL) announced a significant increase in profitability for the fourth quarter of the calendar year 2025, reporting a net profit after tax (NPAT) of PKR 6.7 billion, which equates to earnings per share (EPS) of PKR 4.4. T…
TANDO ALLAH YAR: Oil and Gas Development Company Ltd (OGDC) has announced a significant oil and gas discovery at the Dars West-3 developmental well located in Tando Allah Yar, Sindh. The well, which was spudded on December 31, 2025, has demonstrated a…
Pakistan: Pakistan’s economy showed robust growth in January 2026, as evidenced by increased sales in the automotive sector and a rise in investor confidence. Passenger car sales rose 35.5% compared to the previous year, truck sales surged by 78.9%, a…
Karachi: Systems Limited, a leading technology company, is expected to report a 54% increase in net profit for the fourth quarter of the calendar year 2025. The anticipated jump in profitability is attributed to strong growth in its Middle East and Af…