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Category: Business

MCB Limited Reports Decline in Profits Amid Rising Deposits

Karachi: MCB Limited announced a 15 percent year-on-year decline in profits for the first nine months of 2025, according to an analyst briefing held by the bank on its latest financial results. The decline was attributed to a decrease in net mark-up i…

IGP Islamabad Reviews Police Operations, Aims for Modern Force

Islamabad: Inspector General of Police Islamabad Syed Ali Nasir Rizvi conducted a pivotal meeting at Safe City Islamabad, focusing on strengthening police operations and service delivery. Key figures in attendance included DG Safe City Muhammad Haroon…

Mughal Energy Ltd Unveils Plans for Hybrid Power Plant

Lahore: Mughal Energy Ltd (GEMMEL) unveiled its forthcoming 36.5MW hybrid coal and biofuel power plant during an analyst briefing, indicating the project will be fully commissioned by the end of 2025. The initiative aims to enhance energy efficiency a…