News Desk

Headlines

Bank Alfalah intends to acquire up to 84.51% shares of the Samba Bank, held by Saudi National Bank. 

Headlines

Mobilink Bank wants to increase the proportion of female borrowers to a minimum of 50 percent within the next three years

Headlines

Import bill for petroleum products declined by 25% YoY to $12.34 billion in 10MFY24, from $16.5 billion in the same period last year

Headlines

Local gold prices rise with international market trends

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Highest monthly FDI inflows in over four years, led by investments from China

Economy

Current account balance shows a deficit of $202 million in 10MFY24, significantly lower than the $3.92 billion deficit in last year

Headlines

Fly Jinnah, Air Blue, Habib Corporation and others are among those who have submitted offers so far

Headlines

Asset Purchase Agreements signed, acquisition includes products such as Ansaid, Ponstan, Ponstan Forte, Basoquin, Deltacortril, Lysovit, Corex-D, and Mycitracin. 

Headlines

IT exports increased by 62% YoY, 1% MoM from the previous highest of $306 million in March 2024. 

Headlines

Rs 747 billion was injected through reverse repo and Rs Rs 62 billion through Mudarabah-based OMO

Headlines

Crucial MoU for joint refinery project involves major players like Sinopec and Saudi Aramco

Headlines

Board approves Scheme of Arrangement, all assets, liabilities, and obligations will be transferred to new company named DH Partners Limited