Karachi: The third Annual Global Shari’ah Majlis, hosted by Standard Chartered Bank on Wednesday, emerged as a seminal event in the Islamic finance industry, discussing transformative strategies under the theme “Islamic Finance: Transforming for a Bett…
Karachi: MCB Bank Limited (MCB) has reported a significant financial milestone, surpassing PKR 2 trillion in deposits and achieving a record profit before tax of PKR 95.1 billion for the nine-month period ended September 30, 2024. This marks an 8% incr…
Islamabad: The National Electric Power Regulatory Authority (NEPRA) has issued its decision on K-Electric’s (KE) generation tariff petition for the control period following June 2023. The decision, dated October 22, 2024, addresses the tariff structure…
Islamabad: In a significant development at GITEX Global 2024 in Dubai, UAE, Pakistan Telecommunication Company Limited (PTCL), Pakistan’s leading telecommunication and ICT services provider, has partnered with China Mobile International Limited (CMI) t…
Lahore: The Lahore Development Authority (LDA) has initiated the establishment of twelve field camps across the city aimed at monitoring and addressing illegal commercial activities. The move comes as part of an effort to enhance regulatory oversight a…
Islamabad: Pakistan’s government reported a current account surplus of USD 119 million for September 2024, marking a significant turnaround from a USD 218 million deficit in the same period last year. This development underscores a notable improvement …