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Meezan Bank Posts Rs. 23.4bn Profit in Q1 2026, Up Six Percent YoY
Meezan Bank posted unconsolidated earnings of Rs. 23.4 billion in the first quarter of 2026, with earnings per share rising to Rs. 13.0, marking a…
MCB Bank Profit Falls 11% in Q1 2026, Declares Rs9 Interim Dividend
MCB Bank reported an 11 percent decline in consolidated profit after taxation during the first quarter of 2026, as weaker non-core income and rising operating expenses…
Pakistani Banks See Sharp Rise in US Dollar Deposits Despite SBP Controls
Pakistan’s banking sector has recorded a sharp rise in US dollar deposits despite strict controls imposed by the State Bank of Pakistan, signaling persistent demand for…
Bank Alfalah Secures SBP Approval to Raise PKR 20 Billion Capital
On April 23, 2026, Bank Alfalah Limited announced a significant financial development. The bank officially received in-principle approval from the State Bank of Pakistan (SBP).…
Pakistan Business Confidence Plummets in First Quarter 2026 Amid Energy & Inflation Shocks
Pakistan’s business sector is facing a severe crisis. According to the 17th quarterly Gallup Business Confidence Survey released in April 2026, private sector confidence has…
Budget 2026 to Slash Import Duties and Trade Rules
The federal government has decided to eliminate more than 2,600 trade barriers on imports and exports as part of sweeping reforms planned for the FY2026-27…
Attock Refinery Resumes Crude Oil Operations After Abrupt Shutdown
Attock Refinery Limited (ARL) is a key player in Pakistan’s downstream petroleum sector. On Thursday, the company announced a major update. Receipts of crude oil…
FBR Reduces Property Valuation Rates in 5 Major Punjab Cities
The Federal Board of Revenue (FBR) just reduced immovable property valuation rates across five major cities in Punjab. Consequently, the authorities implemented these targeted changes…
Gold and Silver Prices in Pakistan Today, 23rd April, 2026
Recent geopolitical tensions in the Middle East have resulted in above-average price volatility for gold and silver. Typically, the prices of gold and silver in…
CCP Approves Ranipur Sugar Mills Acquisition by Saakh Pharma and United Ethanol
The Competition Commission of Pakistan (Competition Commission of Pakistan) has approved the acquisition of majority shareholding in Ranipur Sugar Mills Private Limited by Saakh Pharma Limited and United…
FBR Increases ‘PTA Tax’ for Used Imported iPhones, Samsung, and Pixel Devices
The Federal Board of Revenue (Federal Board of Revenue) has issued revised customs valuation rates for imported used mobile phones, covering 62 brands including Apple,…
SECP Approves Two New IPOs as Pakistan Stock Market Listings Reach 11 in FY 2025-26
The Securities and Exchange Commission of Pakistan (Securities and Exchange Commission of Pakistan) has approved two new initial public offerings (IPOs), bringing the total number…
