Soneri Bank’s half-yearly profits increase by 20.2 pc

Soneri Bank Limited’s profits for the half-year ended on June 30, 2018, have increased by 20.2 per cent as the company reported...

IGI Life reports massive 70pc decline in half-yearly profits

IGI Life insurance reported a 70 per cent drop in half-yearly profits due to a reduced net premium/contribution revenue. In a Board of...

Jahangir Siddiqui & Co’s profits decline by 3.12pc

Jahangir Siddiqui & Co. Ltd’s profit for the half year ended June 30, 2018 has declined by 3.12 per cent over the...

Telenor Pakistan announces new model to empower businesses

KARACHI: Being the front runner in creating opportunities by aiming at value creation, Telenor Pakistan, has announced its new and forthcoming business...

Shaheen Air refutes CAA claims, deny ‘fraud’ in payments

KARACHI: Shaheen Air International (SAI) has refuted statements made by the Civil Aviation Authority (CAA) in a letter sent by them to the Federal...

SBP denies rumors of issuing new design of banknotes

KARACHI: Reference the news items circulating in social media regarding the issuance of new design banknotes of different denominations, the State Bank...

Around 160,500 workers sent abroad in 6 months

ISLAMABAD: As many as 160,500 skilled and unskilled workers have proceeded to other countries for employment through the Bureau of Emigration and...

No decision to approach the IMF yet, says Asad Umar

ISLAMABAD: While speaking on the floor of the Senate on Tuesday, Finance Minister Asad Umar said the government has not made a decision...

ECC likely to take final decision about future gas prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet is set to decide either to fully pass on the hike in gas...

Cigarette manufacturers fail to comply with health ministry’s directives

A recently conducted market survey has identified that a majority of the brands of local cigarette manufacturers in Pakistan are still non-compliant with the latest Pictorial Health Warning (PHW) law

Market Daily: KSE-100 drops 201 points amid uncertain economic conditions

LAHORE: It was another dull day with low market participation. Indices swayed in both directions in the morning, but late selling forced...

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...

Standard Chartered profits grow 3 percent YoY, touch Rs5.2 billion in 1st half of 2018

SCB posted strong growth in advances by 12 percent from the start of this year and client revenue rose by 10 percent YoY

Govt’s determined to promote trade, export-led growth, says PM’s advisor

ISLAMABAD: Advisor to Prime Minister on Commerce, Textiles, Industries production and Investment, Abdul Razzaq Dawood said Tuesday that the incumbent government was...

Tapi project to be completed during PTI’s tenure, Senate told

ISLAMABAD: The minister for Petroleum and Natural Resources Ghulam Sarwar Khan Tuesday said the government would complete the Turkmenistan, Afghanistan, and Pakistan (TAPI)...