Bank Alfalah posts 27.8pc growth in profits
KARACHI: Bank Alfalah Limited (BAFL) has announced a net profit of Rs10.99 billion for the year ended December 31, 2018, which is 27.8 percent higher than the profit of Rs8.6…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Bank Alfalah Limited (BAFL) has announced a net profit of Rs10.99 billion for the year ended December 31, 2018, which is 27.8 percent higher than the profit of Rs8.6…
JEDDAH: Advanced Petrochemical Company has announced that its Propylene plant will be shut down for essential assessment for critical reliability improvements for a maximum period of 10 days starting from…
BRUSSELS: A historic memorandum of understanding (MoU) for cooperation in business and investment has been signed by the Trade Development Authority of Pakistan (TDAP) jointly with trade and investment bodies…
ISLAMABAD: The SECP has conducted a series of five awareness sessions in Karachi, Lahore and Islamabad. The outreach sessions were held to share the findings of the National Terrorism Financing…
KARACHI: Kohat Cement Company Limited has announced a net profit of Rs998.35 million for the quarter ended December 31, 2018, which is 34.6 percent higher than the profit of Rs741.05…
KARACHI: Hub Power Company Limited (HUBCO) has announced a net profit of Rs2.55 billion for the quarter ended December 31, 2018, which is 15.28 percent lower than the profit of…
DOHA: Qatar Oman Investment Co. disclosed its financial statements for the period ended on December 31, 2018. The statements show that the net profit is QR 4.38 million, down 53…
JEDDAH: Saudi Arabian Amiantit has announced its plans to reduce its capital against total accumulated losses and the restructuring parts of the Group’s companies. Saudi Arabian Amiantit Company has announced…
DUBAI: Deyaar Development PJSC has announced a net profit of AED 140 million for the year ended December 31, 2018, which is 7.7 percent higher than the profit of AED…
DUBAI: Emirates NBD Bank has appointed members of the bank’s Board of Directors for a term of three years till the conclusion of the General Assembly Meeting to be held…
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) Chairman, Farrukh Sabzwari, has initiated dialogue with leaders of business associations to have their perspective on the practical impediments faced by…
KARACHI: PIA has started twice a week flights from Multan to Sharjah. The inaugural flight PK 293 carrying 166 passengers departed from Multan in the early hours of Wednesday morning.…
The Chairman of the Board of Dawood Hercules Corporation (DH) & Engro Corporation, Mr. Hussain Dawood and his team, visited the Pakistan Stock Exchange to open the trading session with…
KARACHI: Aimed at facilitating Bin Qasim Industrial Park’s anticipated additional power requirement in view of the ongoing phase II development of the project, K-Electric and National Industrial Parks Development &…
KARACHI: K-Electric’s customer-centric initiatives for industries were highlighted during the Sindh Doing Business Reforms Exhibition II organized by the Sindh Investment Department in conjunction with the World Bank at a…
KARACHI: As part of its CSR (Corporate Social Responsibility), PIA in collaboration with Make-A-Wish Pakistan arranged flight simulator session of flying Boeing 777 for children suffering from an acute disease…
KARACHI: The foreign currency buying selling rates as on February 20, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.80 and Selling at Rs138.90.…
KARACHI: Engro Corporation Limited (Engro) has announced a net profit of Rs23.63 billion for the year December 31, 2018, which is 44.7 percent higher than the profit of Rs16.28 billion…
KARACHI: United Bank Limited (UBL) has announced a net profit of Rs15.049 billion for the year December 31, 2018, which is 42 percent lower than the profit of Rs25.95 billion…
KARACHI: MCB Bank Limited (MCB) has announced a net profit of Rs20.352 billion for the year December 31, 2018, which is 7.33 percent lower than the profit of Rs21.96 billion…