Business
Banks’ Profit Hits Rs158bn in 3Q2024
Staff Report : Pakistan’s listed banks recorded a profitability of Rs158bn in 3Q2024, marking a 1% decline YoY but a 16% rise QoQ. Despite lower interest…
Author: Ahmad Ameer
Business
Strengthening Economic Cooperation between the European Union and Pakistan – High-level Business Forum Set for May 2025
ISLAMABAD: The Delegation of the European Union to Pakistan, in collabora-tion with the Government of Pakistan, is proud to announce the first-ever High-Level EU-Pakistan Business Forum…
Energy
Pakistan to Save Rs 920B After IPP Deal Revisions
Staff Report: Pakistan to make savings of Rs 920 billion due to revision in agreements with Independent Power Producers (IPPs). However, the consumers will receive a…
Business
KPK Cement Royalty Hike Proposed to Match Punjab
Staff Report:In a major development, the royalty on cement in Khyber Pakhtunkhwa (KPK) is set to shift from an ore-based calculation to a bag-based one, with…
Business
Systems Limited EPS Rises 31% YoY, Misses Expectations
Staff Report: Systems Limited (SYS) announced its 4Q2024 results, reporting a consolidated PAT of Rs2.03bn (EPS of Rs6.92), up 31% YoY but down 7% QoQ. The…
Travel
Saudia Strengthens Connections for Pakistani Travelers
ISLAMABAD: As Saudi Arabia emerges as a major global business and tourism destination, Pakistani travelers increasingly look toward the Kingdom for seamless international journeys. Central to…
Energy
Pakistan and Italy express optimism about the potential for joint ventures in energy
ISLAMABAD: Petroleum Minister Ali Pervaiz Malik held a constructive meeting with Her Excellency, Marilina Armellin, the Italian Ambassador to Pakistan, at the Ministry of Petroleum on…
Energy
Petroleum Minister was called on by Chairman Engro Hussain Dawood
ISLAMABAD: Petroleum Minister Ali Pervaiz Malik met with Mr. Hussain Dawood, Chairman of Engro Corporation, at the Ministry of Petroleum today. Mr. Ahsan Zafar Syed, President…
Climate
Turkiye, Danish envoys call on Federal Minister Musadik Malik
ISLAMABAD: The Ambassador of Turkiye to Pakistan, Irfan Neziroglu, met with the Federal Minister for Climate Change and Environmental Coordination, Musadik Malik, at the Ministry of…
Business
CCP approves new aviation training venture by Fly Jinnah and Air Arabia
ISLAMABAD, March 24: The Competition Commission of Pakistan (CCP) has approved a joint venture between Fly Jinnah Services (Private) Limited and Air Arabia Academy LLC. The…
