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Business

Know all about multiple enterprising corporate entities operating in Pakistan involved in industrial, professional activities for overall economic growth.

Latest Business News

U Microfinance Bank’s CEO, Mr. Kabeer Naqvi, Takes on Role as Chairman of PMN

Mr. Naqvi has almost two decades of expertise in the microfinance sector

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EBM’s Campaign Honored with Cannes Gold Glass Lion

EBM has been supporting multiple grass root education initiatives for over 2

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DW & Easypaisa Collaborate to Enhance Digital Payments in Pakistan

The partnership aims to facilitate the large consumer-base of Easypaisa account holders

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Scaling the Microfinance Sector for Real Impact in Pakistan – President & CEO, U Bank

Pakistan has a lack of brick and mortar bank branches, especially at

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Descon Engineering Limited Receives Diamond Category Award for Skill Development

DEL has received praise from the Employer Federation of Pakistan (EFP) for

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easypaisa Shines with Four Effie Awards

Easypaisa won in four of the seven categories it was nominated in,

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EBM Shines with Eight Trophies at Pakistan Effie Awards 2023

The Gluco Kahani platform launch, which provided interesting Urdu content for Pakistani

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Mobilink Bank and iConsult Revolutionize Women’s Financial Prospects in KPK

Mobilink Bank, iConsult, UNDP, and USAID are promoting financial literacy, digital inclusion,

Mujtaba Ahmed Mujtaba Ahmed

Descon Oxychem Earns UN Mark Accreditation for Product Packaging

This certification demonstrates Descon Oxychem's dedication to meeting global safety standards and

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Insights from the 6th Edition of Leaders in Islamabad Business Summit

The event was moderated by Rabia Ahmad, Director & Chief Operating Officer,

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Askari Bank Achieves PCI DSS Certification for Enhanced Data Security

Askari Bank (AKBL), is pleased to announce that it has received certification

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Syntax Communications Hosts Pakistan’s First Political Branding Discussion Session

Syntax Communications took the effort to cut through the noise and provide

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S&P Global and Team Up Pakistan Partner to Empower Entrepreneurs

Partnership Aims to Provide Employment and Upskill Young Talent in Pakistan.

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U Microfinance Bank Hits Milestone with PKR 59 Billion Gross Loan Portfolio

U Bank keeps paving the way for a more inclusive economy by

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Yango Begins Testing Its Ride-Hailing App in Lahore, Pakistan

Yango is keen to launch its cutting-edge software into the Pakistani market

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Government Provides Relief as Petrol and Diesel Prices Take a Welcome Plunge

Govt Reduces Price of Petrol by Rs. 12, Diesel Slashed by Rs.

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Mobilink Bank reports 48% revenue growth in Q1 2023

In the first quarter of 2022, Mobilink Bank granted loans with an

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Shell Pakistan Posts Q1 Loss of PKR 4,762 Million

Shell Pakistan remains committed to operational excellence safety performance to further strengthen

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Unilever Pakistan Takes a Stand for Living Wages in Interactive Discussion

A recent interactive discussion on the value of living wages in Pakistan

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BankIslami’s Profit Before Tax Surges by 262% in Q1 2023

BankIslami is in the process of listing its Additional Tier-1 Sukuk (Ehad

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Eco-friendly e-bikes to deliver McDonald’s orders in Pakistan

McDonald's Pakistan's mission to advance environmentally responsible and sustainable business practises throughout

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UAE Investor Acquires Majority Stake in Summit Bank

Investor's goal is to turn Summit Bank into a fully-fledged Islamic bank

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Karandaaz Pakistan and foodpanda partner to boost Digital Payments

This partnership seeks to increase demand-side awareness around the benefits of being

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U Microfinance Bank Registers Impressive 102.5% YoY Profit Growth in 2022

The bank maintained its upward trend in profitability in 2022!

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Evee C1 Electric Scooter’s Second Batch Booking to Begin Soon

Evee C1 model has numerous benefits over conventional motorcycles, including being economical,

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Evergreen Shipping Gives Massive Mid-Year Bonuses to Employees

The corporation reported a record net profit for its fiscal year ending

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S&P Global Launches Campus Recruitment Drive to Prepare Students for Corporate Life

The campus recruitment effort offers S&P Global a fruitful chance to find

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NUST and Arçelik join forces for IT solutions in home appliances

Arçelik, parent company of Dawlance invests in Technology in Pakistan and establishes

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Auto Sector Sales Plummet to Record Low in February 2023

The auto sector's sales fell 73% YoY in February.

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Karandaaz Pakistan Launches Study on Business Taxation Challenges for SMEs

According to the report Pakistan has approximately 5.2 million SMEs and only

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SCBPL and BDHC Celebrate International Women’s Day

State Bank's Gender-Responsive Approach to Financial Inclusion and Technology.

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Naheed Super Market’s Online Platform Hacked

The PII of customers includes sensitive information such as names, addresses, email

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Alibaba to be Gold Sponsor at Textile Asia International Trade Fair

Pakistani textile exporters on Alibaba.com are building a name for themselves among

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Karandaaz Pakistan Signs Data Sharing Deal with TASDEEQ Credit Bureau

TASDEEQ becomes the first private credit bureau to share aggregated information on

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MMBL joins GSMA’s Connected Women Commitment Program

Mobilink Bank Signs GSMA Commitment to Address the Mobile Gender Gap!

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BankIslami Announces Rs. 8.23 Billion Profit Before Tax for 2022

The bank's financial performance for 2022 as a whole shows its strong

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Daraz Live Sales Influence Over 1.2 Million Orders in 2022

Daraz Live selling saw a 900 percent increase in orders in the

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PTCL and PSO compete to acquire Telenor Pakistan’s operations

PSO's decision to enter the telecom industry comes after Telenor Group shut

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Mobilink Microfinance Bank (MMBL) Partners with Swiss Capacity Building Facility (SCBF)

AGFUND, MMBL, and SCBF's collaboration is a crucial step in promoting financial

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FBR’s Plan to Buy 155 Luxury Cars Cancelled After Public Pressure

Opposition Parties Welcome Prime Minister's Decision to Cancel FBR's Luxury Car Purchase

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Standard Chartered Bank Pakistan Reports record Profit before tax in 2022

Standard Chartered Bank Pakistan's focus on sustainability and digital solutions contributes to

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Faysal Bank Faces Backlash over Security Breach and Blaming the Customer

Security Breach at Faysal Bank Raises Questions About Customer Safety and Bank

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Pakistan’s Swag Kicks Raises $1.2M to Revolutionize Sustainable Fashion

Young and fashion-conscious Pakistanis are offered affordable access to branded fashion products

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Shell’s LNG Outlook 2023: Europe’s Growing Demand for LNG to Intensify Global Competition

Global LNG Demand Expected to Reach Over 650 Million Tonnes a Year

Mujtaba Ahmed Mujtaba Ahmed

BankIslami Becomes Platinum Sponsor for Karachi Kings in PSL Season 8

BankIslami's sponsorship of Karachi Kings highlights their dedication to promoting sports in

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Affordable Electric Bikes Gaining Popularity in Pakistan

Pakistanis Turn to Electric Bikes as fuel Prices Reach All-Time High!

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UAE Tourism Sector Revitalizes Economy with 32,000 New Jobs

The WTTC highlights the significance of the tourism sector's economic impact on

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Paymob and Bookme Partner Up for an Efficient Cricket Season

Say Goodbye to Long Queues and Hello to Seamless Online Purchases!

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SC Sahar Women’s Account for Financial Empowerment

Empowering Women with Advanced Financial Technologies!

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Descon Oxychem completes 9-million ‘safe’ man-hours

9 Million Safe Hours, 14 Years of Excellence at Descon Oxychem!

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Lahore Residents Reap Benefits of Solar Energy: Over Rs. 100 Million Saved!

This program has made it easier and more affordable for solar energy

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Daraz launches Daraz Advertising Solution (DAS)

Daraz records more than 100 million searches on the platform every month.

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U Bank, Pathfinder Collaborates to Extend Digital Financial Services Across Pakistan

U Microfinance Bank and Pathfinder Group join hands to extend Digital Financial

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Mubadala Energy, OMV and PARCO Join Forces to Explore Opportunities in Sustainable Fuels

The collaboration builds on a well-established partnership between Mubadala Energy

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First HABIB METRO Sirat Islamic Banking Summit Held in Karachi

HABIBMETRO Sirat is amongst the top 5 Islamic Banking Windows.

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Fly Emirates to Dubai and Get Free Tickets to three much-loved attractions in the UAE

Travellers planning their New Year escape can enjoy complimentary experiences to see

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Syngenta Pakistan Launches CENTRIGO Farming Ecosystem in service of Local Farmers

CENTRIGO brings forth a transformational step in the local agriculture sector by

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Easypaisa & Faysal Funds Collaborate to Bring Fully Digital Investment Journey

Easypaisa customers can experience hassle-free investing on the go by opening an

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Descon Partners with US Firm to Provide Engineering Services in Gulf Countries

Descon holds great stature in the engineering sector of Gulf countries and

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NADRA Collaborated with Shifa International Hospital to implement an ID Verification Solution

Shifa International Hospitals will be equipped with a 24/7 biometric verification system

Mujtaba Ahmed Mujtaba Ahmed

Mobilink Microfinance Bank Scores DEI & D&I Awards at GDEIB Awards 2023

HR Metrics has recognized Mobilink Microfinance Bank Limited (MMBL), Pakistan’s largest digital

Mujtaba Ahmed Mujtaba Ahmed

Careem Providing Sustainable Fuel Management Solutions to Captains

Careem has always been at the forefront of coming up with initiatives

Mujtaba Ahmed Mujtaba Ahmed

Karandaaz Partners with GrowTech to Digitize Agricultural Value Chain

The project will foretake the development of an E-Commerce portal, connecting farmers

Mujtaba Ahmed Mujtaba Ahmed

Celebrating Pakistan’s Unsung Heroes: Salam Kissan!

According to the Food and Agriculture Organisation of the United Nations (FAO),

Mujtaba Ahmed Mujtaba Ahmed

Descon aims for Greener Pastures with the Launch of its Agricultural Division

Descon has led numerous large-scale projects in Construction, Power-generation, Oil-Refining, Chemicals and

Mujtaba Ahmed Mujtaba Ahmed

U Microfinance Bank Islamic Banking receives international recognition during the 8th Islamic Retail Banking Awards

The award honors U Bank’s recent introduction of Shari’ah-compliant financial solutions in

Mujtaba Ahmed Mujtaba Ahmed

SEDF & U Bank up for Institutional Collaboration for Provision of Subsidized Credit to MSMEs in Sindh

The agreement aims to foster economic development through the provision of subsidized

Mujtaba Ahmed Mujtaba Ahmed

U Microfinance Bank Receives Commercial license for Extending Nationwide Islamic Banking Services

U Bank commenced its pilot Islamic Banking operations earlier this year, starting

Mujtaba Ahmed Mujtaba Ahmed

Khushhali Microfinance Bank Repairs Wacha-Wana Bridge in Tirah Valley

This project is a part of “Khushhali for Everyone” – an exemplary

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Descon Oxychem Production Increased by 23.57%

The company achieved record H2O2 production to keep up with the growing

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Khushhali Microfinance Bank Continues to Support the Flood Affectees in Pakistan

Khushhali Microfinance Bank is fully committed to helping the flood affectees of

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“Fly Jinnah” Takes off with First Flight to Islamabad

Fly Jinnah now operates direct daily flights from Karachi to Islamabad, Lahore,

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Rupee’s Head Can’t Stay Above Water

The rupee is struggling to stay afloat for the second day in

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Standard Chartered Pakistan delivers record operating profit for Q3-2022

Standard Chartered Bank delivers a record profit before tax of PKR 36.4

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Gold Continues to Shine and its Price Jumps above Rs150,000

Gold price in Karachi today is 150200 Rs. per tola. The gold

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U Microfinance Bank and Shahid Afridi Foundation Collaborate to Uplift Pakistan’s Education Sector

This collaboration is aimed towards uplifting the education sector in Pakistan and

Mujtaba Ahmed Mujtaba Ahmed

DEL Wins Multiple Awards for Its Benchmark HSE Initiatives

Pakistan’s leading large-scale engineering company, Descon Engineering Ltd. (DEL), has worked towards

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US Government, Khushhali Bank Sign $25 Million Commitment to Empower Women and MSMEs

The partnership will enable MSMEs to access finance with enhanced credit history

Mujtaba Ahmed Mujtaba Ahmed

“Fly Jinnah” Introduces Their Domestic Network and Launch Plans

The airline will commence its commercial operations with 4domestic routes starting from

Mujtaba Ahmed Mujtaba Ahmed

Punjab Food Authority Raid on Milk Distribution Center in Lahore

A milk supply unit that used a chemical to preserve dead bodies,

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Interbank Rupee Declines But Open Market Rupee Increases

During early morning trading between banks, the US dollar goes up to

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Shell Pakistan announces financial results for Q3 2022

The Company posted a loss after tax of PKR 4,644 million for

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Dollar Keeps Winning Against the PKR

The Exchange Companies Association of Pakistan (ECAP) said that the closing price

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Crown Motorbikes Price Drop

The price of Crown 70 cc Passion Plus has been reduced by

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Al-Ghazi Tractors Launches 2023 Models on its 40th Anniversary

The new 2023 models will be offered for the following models: 480s,

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The Commemorative Note Rs.75 Available for Public From Tomorrow

People will also be able to get commemorative notes from State Bank

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Significant Rise in Gold Price Again

Today's Gold Rate in Pakistan was updated on Thursday 29 Sep 2022.

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Pakistan’s First Female Architect Builds Bamboo Flood Shelters

Pakistan’s first female architect Yasmeen Lari is the winner of the Jane

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Multinational Fast-Food Chain in Pakistan to Buy Beef Locally

Mcdonald’s, a global chain of fast food, has engaged a local company

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Rupee Rises for 4th Day as ‘Dollar Killer’ Gets Royal Welcome

The rupee has been getting better since Friday, September 22, it was

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FBR Raids Outfitters’ Lahore Headquarters

Outfitters did not follow the department's notices about giving the required record

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InspecTest Conducts 3rd AMPP Pakistan Chapter: Corrosion Conference

The conference provides networking opportunities and highlights the most effective strategies, concepts,

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Pakistan’s Debts Decreased by Rs1350 Billion: Ishaq Dar

I have arrived last night, so Rs. 9 have decreased against the

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Dollar Declines, The Value of the Rupee Increased by Another Rs.3

A significant decrease in the value of the US dollar in 2

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Pakistan May Cut Diesel by Rs15 and Petrol by Rs5

According to Oil industry experts, diesel prices may drop by Rs15 and

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Gold Price Drops by Rs6,800 Per Tola to Rs143,300

The price of gold went down by Rs 6,800 to Rs 143,300/tola.

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Miftah Ismail Steps Down from his Position

The resignation came after it was formally decided in the party meeting

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The Dollar fell by Rs3 to Rs236 in Interbank

The dollar eased at the market's opening on Monday, the first day

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Dollar Rate in Pakistan Today 23 September 2022

State Bank of Pakistan's (SBP) official interbank exchange rate is PKR 239.75

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Khushhali Microfinance Bank Provides Educational Support to the Students of Haripur & Lala Musa

Khushhali Bank launched two separate initiatives, its volunteers visited the Government Primary

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