Bank Alfalah posts impressive half-year results, with profit before tax at Rs10.008 billion
KARACHI: The Board of Directors of Bank Alfalah in their meeting held in Abu Dhabi on
26 August 2018, approved the Bank’s unaudited condensed interim...
Abraaj contemplating to divest part of its investment business
DUBAI/ABU DHABI: Private equity firm Abraaj Group is considering selling part of its investment management business as it seeks to stem the fallout from...
All set for World Islamic Finance Forum
KARACHI: World Islamic Finance Forum (WIFF) 2018 is to be held on March 19 and 20, 2018. AAOIFI Board of Trustees Chairman Shaikh Ebrahim...
Business community urges to bring 3.5 million non-filers into the tax net
ISLAMABAD: The business community here on Tuesday urged the government to bring some 3.5 million non-tax filers into the tax net, which were identified...
Pakistan, Russia sign $10bn energy deal
ISLAMABAD:Â Pakistan and Russia have formally signed a Memorandum of Understanding (MoU) on Thursday in Moscow for the construction of an offshore gas pipeline and...
Bullish momentum prevails as index closes 322 points higher
KARACHI:Â Extending the rally from the previous session, the Pakistan Stock Exchange (PSX) closed on Thursday with decent gains.
Foreign investors turned once again closed the...
Senate committee expresses concerns over non-availability of agri-credit
ISLAMABAD
Senate’s Standing Committee on National Food Security and Research here on Wednesday expressed its concerns over the non-availability of credit for the agriculture sector...
Stocks fail to sustain gains amid selling pressure
KARACHI:Â After a relatively smooth start to the trading session on Tuesday, the Pakistan Stock Exchange (PSX) succumbed to selling pressure, closing the day in...
Soneri Bank to raise Rs4 billion TFCs to bolster capital requirements
LAHORE: A stock market notification sent to the bourse Friday by Soneri Bank disclosed that it was going to raise Rs4 billion Additional Tier...
Pakistan’s first digital nano loan launched by Telenor Microfinance Bank
KARACHI: In continuation of its efforts to increase financial inclusion, as part of the Government of Pakistan’s National Financial Inclusion Strategy of 2015 and...
PSX gains over 1,000 points as market sentiment improves
KARACHI:Â Stocks staged a rally on Wednesday with the KSE-100 index benchmark gaining over 1,000 points intraday.
Positive sentiments prevailed at the exchange following confirmations by...
Additional Rs209 billion collected in first 5 months: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) says it collected additional Rs209 billion during the first five months of this fiscal year 2019-2020 due...
FBR disbursed Rs175bn tax refunds among exporters
ISLAMABAD: The Federal Board of Revenue (FBR) has disbursed Rs175 billion (with an additional amount of Rs50 billion) tax refunds among exporters during the...
PTCL’s revenue grows 8pc to Rs126.2bn in 2018
PTCL registers yearly growth for the first time since 2014
ISLAMABAD: The Board of Directors of Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom...
Revisions in aid to Pakistan unlikely to shake its finances: Moody’s
LAHORE: International rating agency Moody’s Investors Service (Moody’s) has maintained that Trump administration’s revision of US military aid is highly unlikely to have material...
