Karachi: Amid expectations of significant monetary easing, Pakistan’s financial markets are bracing for a potentially substantial policy rate cut in the upcoming Monetary Policy Statement (MPS) in November. Market surveys and high-net-worth client fee…
Islamabad: The National Database and Registration Authority (NADRA) has partnered with the Bank of Punjab (BOP) to launch an e-Payment Gateway and Acquiring Agreement, a significant move to boost digital payment infrastructure in Pakistan. This coll…
Islamabad: Nasir Mansoor Qureshi, President of the Islamabad Chamber of Commerce and Industry (ICCI), has urged Pakistan’s diplomatic corps and trade officials to initiate an aggressive trade diplomacy campaign. This effort aims to promote the nation’…
Islamabad: Cherat Cement Company Ltd. (CHCC) revealed its first quarter fiscal year 2025 financial outcomes today, marking its highest-ever quarterly earnings. The company achieved earnings of PkR2.9 billion, a substantial 88% increase from PkR1.5 bil…
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the entity ratings of Zahidjee Textile Mills Limited, maintaining its long-term and short-term ratings at ‘A’ and ‘A1’ respectively. The outlook for the company remains stable…
Karachi: United Bank Limited (UBL) today shared its financial results and future outlook for the first nine months of fiscal year 2024 during an analyst briefing. The bank reported a significant 35% year-over-year increase in unconsolidated profits, r…