Jack Ma to buy one-fifth of Ant shares in mega IPO

HANGZHOU: Alibaba Group agreed to subscribe to more than a fifth of Ant Group’s imminent initial public offering, propping up its part-owned...

Bank Alfalah posts Rs8.3bn profit for 9M2020

The Board of Directors of Bank Alfalah Limited on Wednesday approved the bank’s unaudited condensed interim financial statements for the nine-month period...

Bank AL Habib’s nine-month profit surges 87pc to Rs13.13bn

The Bank AL Habib Limited (BAHL) Board of Directors on Wednesday announced the bank's financial results for the nine months period ended...

Healthtech startup MedznMore claims raising Pakistan’s largest seed round of $2.6m

LAHORE: Karachi-based health-tech startup MedznMore Sunday claimed to have raised $2.6 million in seed round for its medicines and healthcare products delivery...

FrieslandCampina Engro posts Rs321m profit for third quarter

KARACHI: FrieslandCampina Engro Pakistan Limited (FCEPL) on Friday announced its financial results to the Pakistan Stock Exchange (PSX). According to the results, FCEPL registered...

HBL 9M2020 profit surges to Rs25.3bn, a threefold increase over same period year ago

HBL declared a consolidated profit after tax of Rs25.3 billion for the first nine months of 2020, an almost threefold growth over...

AHL’s first-quarter profit surges 497pc to Rs739m

The Board of Directors of Arif Habib Ltd on Thursday announced the company's financial results for the first quarter ended September 30,...

PTCL posts Rs96bn revenue for nine months 2020

Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the nine months...

Pakistan’s Healthwire raises $700,000 from 47 Ventures in pre-Series A round

LAHORE: Healthwire, a health-tech startup focused on aggregating all stakeholders of the healthcare ecosystem on its platform and providing a seamless digital...

Agha Steel IPO oversubscribed by 1.63 times

The book-building phase of the Initial Public Offer (IPO) of Agha Steel concluded on Wednesday with investors oversubscribing it by as much...

With pandemic abating, Naspers backs Bykea in $13mn Series-B round

ISLAMABAD: What do you do when you are a startup and you have survived a ruthless pandemic? If you are Bykea, you...

SBP must proactively encourage lending for home loans, says NPHP chairman

Webinar explains housing finance is at an infant stage in Pakistan, but there is potential for huge growth

TOMCL profit rises 22pc in FY20

LAHORE: The Board of Directors (BOD) of The Organic Meat Company Limited (TOMCL) met on Thursday to review the company's performance and...

NIFT, Checkout.com aim to bring int’l payment methods to Pakistan

'Implementation of the project, MoU for which was signed last month, will enable both organisations provide payment services through each other's infrastructure'

Pakistan wins Global Islamic Leadership Award for promotion of Islamic financing

President Alvi emphasises need to adopt basic principles of Islamic financing in order to establish a society based on equality and compassion