Muhtashim Ashai to head Soneri Bank after SBP’s approval
KARACHI: Muhtashim Ashai has been named the president and CEO of Soneri Bank, according to an announcement by the bank sent to...
Sarmayacar bets on mobile gaming by investing in Revolving Games
With a decade of mobile game development experience in an exit prior to this, brothers Ammar Zaeem and Shayan Zaeem have formed...
Askari Bank reports 59pc surge in profit
KARACHI: The Board of Directors of Askari Bank met on Thursday to review the bank's performance and announce its financial statements for...
As others thrive, Soneri Bank posts meagre profits
KARACHI:Â The Board of Directors of Soneri Bank Limited on Thursday approved the annual audited accounts for the year ended 31 December 2019.
The...
SBP reserves up $157m to $18.7bn
KARACHI:Â The total liquid foreign reserves held by the country stood at $18,735.4 million on February 7, 2020, according to data released by...
Pakistan’s deficit in services trade narrows 17pc in six months
ISLAMABAD: Pakistan's services trade deficit witnessed a decline of 17.46pc during the first six months of the current financial year (2019-20) as...
KSE-100 finishes in red, retreats 75 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Thursday, as the indices kept changing directions throughout the...
Auto sector sees increase in January sales
Analysts say this year’s sales won’t be able to match the figures of FY18
Remittances drop 9.9pc to $1.9bn in Jan
KARACHI:Â Overseas Pakistani workers remitted $1.9 billion in the month of January 2020, a drop of 9.9pc when compared with $2.09 billion worth...
Pepsico among highest taxpayers in Pakistan, CEO informs PM
'Pepsico willing to launch projects aimed at providing employment opportunities to Pakistani youth'
Stocks extend gains with 816-point rally
KARACHI: Indices of the Pakistan Stock Exchange (PSX) rallied for the second consecutive session on Wednesday, with the benchmark KSE-100 Index back...
PIA rebounds in revenue but still in loss
KARACHI: Pakistan International Airline (PIACL) on Wednesday announced its half-yearly results for the period ending June 30, 2019, after a meeting of...
China’s first-quarter smartphone sales may halve due to coronavirus
SHANGHAI: China’s smartphone sales may plunge by as much as 50pc in the first quarter, as many retail shops have closed for an...
Stocks stage 417-point comeback rally
KARACHI:Â After a lacklustre performance in the previous session, the Pakistan Stock Exchange staged a rally on Tuesday, with the indices ending in...
SECP sees ‘no insider trading’ in OGDCL shares
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has found no insider trading in the shares of the Oil & Gas...