FLASHNEWS:

Category: Business

MCB Bank Announces CY24 Results: Profits Dip Amid Rising Expenses

Lahore: MCB Bank Limited (MCB) recently conducted an analyst briefing to discuss its financial results for the calendar year 2024 and its future outlook. The bank reported a profit decline of 3.4% year-on-year, totaling PkR57.6 billion, primarily due …

Currency Exchange Rates See Minor Fluctuations Across Markets

Karachi: Currency exchange rates exhibited minor fluctuations across various markets, as detailed in a recent report from the Exchange Companies Association of Pakistan. The report indicates changes in the buying and selling rates for several major cu…

Gold Prices Surge in Pakistan Amid Global Market Trends

Karachi: Gold prices in Pakistan experienced a significant rise, reflecting a parallel increase in international markets. The cost of gold per tola of 24 karat reached Rs. 309,500, marking an increase of Rs. 1,500 from previous rates.

According to a…

Pak-Qatar Unveils Pakistan’s First Lifetime Pension Plan

KARACHI: Pak-Qatar Family Takaful Limited (PQFTL) introduced a pioneering lifetime guaranteed pension plan named the “Lifetime Kafalat Plan”, marking a significant milestone in Pakistan’s financial services sector. The launch event, held in Karachi, w…

Currency Exchange Rates Show Marginal Variations

Karachi: Currency exchange rates recorded slight fluctuations, the Exchange Companies Association of Pakistan reported on Friday. The data highlights subtle changes in the buying and selling rates of several foreign currencies against the Pakistani Ru…