Finance
Dubai’s Mashreq Launches Pakistan’s First Islamic-Focused Digital Bank
Dubai-based Mashreq has officially launched Mashreq NEO in Pakistan, marking the country’s first fully Islamic-focused digital banking platform. The move aims to offer Shariah-compliant current and savings accounts with competitive profit rates, targeting salaried professionals, freelancers, women entrepreneurs, and Non-Resident…
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Fauji Cement Posts Record Rs13.3bn Profit in FY25
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Fauji Cement Company Limited (FCCL) has reported a record profit of Rs13.3 billion for FY25, marking a 62% year-on-year surge from Rs8.2 billion in FY24.…
Pakistan Services Exports Grow 9.23% in 2025
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Pakistan services exports increased by 9.23 percent to $8.39 billion in FY25, up from $7.68 billion in the previous fiscal year, driven by strong gains…
Govt Considers Relief on Bearer Prize Bonds Redemption
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The federal government may extend relief to individuals who missed the deadline for bearer prize bonds redemption, said Minister of State for Finance Bilal Azhar…
Pakistan Mart Project Promises Direct Global Access for Exporters
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The government is planning to establish the Pakistan Mart project in Dubai to help small and medium-sized exporters connect directly with international buyers. This initiative…
15 PSX Companies Now Hold $1 Billion Market Capitalization
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The Pakistan Stock Exchange (PSX) has seen a significant rise in companies reaching the $1 billion market capitalization milestone, jumping from just three firms two…
Pakistan Trade Deficit Widens to $2.75 Billion in July 2025
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Pakistan’s trade deficit reached $2.75 billion in July 2025, marking a sharp increase of over 44 percent compared to the $1.90 billion deficit recorded in…
MCB Bank Profit Drops in H1CY2025
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MCB Bank Limited (PSX: MCB) has reported a 15.52% decline in profit attributable to equity shareholders for the half-year ended June 30, 2025. The MCB…
SECP Hits New Record with 4,065 Company Registrations in July
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The Securities and Exchange Commission of Pakistan (SECP) has set a new benchmark with 4,065 company registrations in July 2025. This milestone marks the highest…
Allied Bank Launches Pakistan’s First Metaverse Banking Experience
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Allied Bank has officially launched its upgraded and immersive banking experience within the metaverse, marking a bold and futuristic step in Pakistan’s digital banking landscape.…
FBR Explains Rules for Economic Transaction Limits
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The Federal Board of Revenue has issued detailed rules on FBR economic transaction limits for individuals who fail to declare their income sources or investments…
Pakistan Falls Short on IMF Fiscal Conditions as Provinces Miss Targets
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Pakistan has fallen short on key IMF fiscal conditions as provincial governments failed to meet cash surplus targets and the FBR missed critical revenue benchmarks…
ECC Okays EV Subsidy, QAU Grant
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The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Muhammad Aurangzeb, approved several key economic measures in its recent meeting. The session,…
