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Category: Business

Pakistan Cement Sector Trades Below Industry Averages

Karachi: The Pakistan cement sector is currently trading at an industry-wide average EV/ton of US$47.6, according to a recent analysis by JS Global. The report further highlights that the sector’s valuation on a FY26E EV/EBITDA basis stands at 5.7x.

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Allied Bank and LUMS Foster Innovation at 4th Fintech Hackathon

Lahore: Allied Bank, in partnership with the Lahore University of Management Sciences (LUMS), recently hosted the 4th Fintech Hackathon, a platform for fintech startups, innovators, and students to develop financial technology solutions. The event sou…

Pakistan’s Banking Sector Sees 8% Profit Rise in 3Q2025

Karachi: Pakistan’s listed banks reported an 8% year-on-year increase in profitability, reaching Rs170 billion in the third quarter of 2025. The growth was primarily driven by a 6% rise in Net Interest Income (NII), led by United Bank Limited (UBL), N…