Karachi: MCB Bank Limited reported its second-quarter financial results for the calendar year 2025, revealing a decline in net profit due to increased administrative expenses. The bank posted a net profit after tax of PKR 13.5 billion for the quarter,…
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) hosted a delegation from the Pakpattan Chamber of Commerce and Industry (PCCI) in Lahore, highlighting efforts to bolster regional economic ties and enhance Chinese participati…
Karachi: In a groundbreaking study conducted by the Lahore University of Management Sciences (LUMS), foodpanda, Pakistan’s premier online delivery platform, is projected to contribute $1.2 billion (PKR 335 billion) to the country’s economy in the fisc…
Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Amaan Pracha, has called on the government to pass the benefits of a notable reduction in the power sector’s circular debt directly to electricity con…
Karachi: The Exchange Companies Association of Pakistan released the latest foreign currency exchange rates on Wednesday, showing moderate fluctuations in the interbank and open markets.
In the interbank market, the U.S. dollar was reported at 282.6…
Karachi: Allied Bank has launched an upgraded immersive banking experience in the Metaverse, marking a significant advancement in digital banking within Pakistan and beyond. This new platform offers an enhanced, interactive 3D virtual space, enabling …