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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Pakistan Tobacco Company Profit Rises 23% in 9MFY25
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Pakistan Tobacco Company Limited (PSX: PAKT) has announced a profit after tax of Rs24.52 billion for the nine months ended September 30, 2025, reflecting a…
Meezan Bank Profit Down 10% in 9MFY25
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Meezan Bank Limited (PSX: MEBL) reported a profit after tax of Rs70.52 billion for the nine months ended September 30, 2025, down 10% from Rs78.33…
Bank Islami Pakistan Profit Falls 50% in 9MFY25
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Bank Islami Pakistan Limited (PSX: BIPL) has reported a profit after tax of Rs5.07 billion for the nine months ended September 30, 2025, marking a…
Unilever Pakistan Reports Rs4.57bn Profit in 9MFY25
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Unilever Pakistan Foods Limited (PSX: UPFL) has reported a profit after tax of Rs4.57bn for the nine months ended September 30, 2025, marking a 15.8%…
Octopus Digital Profit Plunges 94.53% Amid Rising Costs
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Octopus Digital Limited has posted a sharp decline in profitability for the nine months ended September 30, 2025, with its profit after tax (PAT) plummeting…
HBL Profit Rises as Bank Cuts Provisioning Costs
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Habib Bank Limited (PSX: HBL) has announced its financial results for the nine months ended September 30, 2025, reporting a profit after tax (PAT) of…
Industries and Farmers Get Electricity Relief Package
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Prime Minister Shehbaz Sharif has announced a new three-year electricity relief package called the Roshan Maeeshat Electricity Package to support Pakistan’s industrial and agricultural sectors.…
Karachi Consumers Push Energy Ministry for Accountability
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Consumers and industrial stakeholders in Karachi have jointly issued an open letter to the Ministry of Energy (Power Division), asserting that “Karachi consumers cannot remain…
MCB Bank Shares Strong Financial Results for the Third Quarter
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MCB Bank Limited has released its financial results for the third quarter ending September 30, 2025, showing consistent growth and a strong balance sheet. The…
FBR Dismisses Officer Over Mishandling Rs238.4 Billion Tax Fraud Case
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The Federal Board of Revenue (FBR) has dismissed an Inland Revenue officer, Altaf Hussain Khurho, for negligence in investigating a massive Rs238.4 billion sales tax…
Women’s Active Bank Accounts in Pakistan Rise to 37 Million
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The number of women’s active bank accounts in Pakistan has surged from 20 million to 37 million, according to State Bank of Pakistan (SBP) Governor…
Gold Prices Flat in Pakistan as Global Market Sees Minor Decline
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Gold price updates from Pakistan showed stability on Tuesday, with rates holding firm at Rs444,900 per tola in the local market. The trend mirrored a…
Current Account Surplus Hits $110 Million in September
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Pakistan’s current account surplus reached $110 million in September, marking a sharp turnaround from the previous months’ deficits, according to data released by the State…
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