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
PM’s aide hails PSX for outperforming regional markets
ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Monday appreciated the strong performance of the Pakistan...
FBR significantly changes the taxation of capital gains on disposal of immovable property
ISLAMABAD: Federal Board of Revenue (FBR) has made significant changes in the taxation of capital gains on disposal of immovable property.Â
The changes...
NBP’s half-year profit surges 36.8pc to Rs15.2bn
ISLAMABAD: The National Bank of Pakistan's Board of Directors on Wednesday approved the condensed interim financial statements of the bank for the...
PSO reports Rs6.5bn loss for FY20
'Unprecedented losses of Rs16.4bn incurred during the 4th quarter of FY20 eroded the net profit of Rs3bn earned by the company during the first three quarters'
BankIslami’s half-yearly profit rises 53.7pc to Rs941m
KARACHI:Â The Board of Directors of BankIslami on Monday released its financial report for the half-year ended June 30, 2020,Â
According to the financials,...
MCB aims for deposits to grow 12pc this year
Bank also expects fee income to rise, but net interest margin to fall
1HCY20: Standard Chartered Pakistan reports 26pc increase in profit before tax
KARACHI: The Board of directors of Standard Chartered Bank (Pakistan) Limited met on Tuesday to discuss the bank’s performance and announce its financial...