KARACHI – Meezan Bank Limited (MEBL) has reported earnings of Rs. 24.5 billion (EPS: Rs. 13.65) for the second quarter of calendar year 2025 (2QCY25), reflecting a 9% year-on-year (YoY) decline. This took the bank’s half-year (1HCY25) profitability to Rs. 46.6 billion, down 10% YoY. Alongside the results, the bank announced a cash dividend of […]
Says government reforms praised by S&P and Fitch, with hopes Moody’s will follow suit. Finance Minister Muhammad Aurangzeb signalled potential easing of Pakistan’s policy rate later this year, noting slowing inflation and stable economic indicators, while addressing the 78th Independence Day of Pakistan and the Marka-e-Haque celebrations at the Rawalpindi Chamber of Commerce & Industry […]
Karachi, 12 August 2025: Ranked first on the Climate Risk Index 2025 despite contributing less than 0.9 percent to global greenhouse gas emissions, Pakistan is bearing disproportionate losses. In 2022 alone, climate-induced disasters inflicted over USD 30 billion in damages, with recovery needs exceeding USD 16.3 billion. Air pollution alone causes over 128,000 premature deaths annually, […]
ISLAMABAD: Pakistan’s agri-lending sector, HBL Microfinance Bank (HBL MfB) and the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), have signed a Memorandum of Understanding (MoU) to introduce satellite-based agricultural analytics into the lending ecosystem. Under this initiative, the two organisations will jointly execute a pilot project in Okara District, one of Punjab’s key agricultural […]
In a milestone for Pakistan’s capital market, the Central Depository Company (CDC) has successfully integrated the RAAST payment system into Muhammad Munir Ahmed Khanani Securities Limited, enabling real-time investor fund transfers. This breakthrough marks a step forward in building a more responsive, transparent, and digitally empowered capital market ecosystem. To commemorate this milestone, an agreement […]
BankIslami Pakistan Limited announced on Friday the appointments of an acting Chief Financial Officer (CFO) and an acting Company Secretary. The bank shared the development in a notice to the Pakistan Stock Exchange (PSX) today. “Hasan Shahid, currently serving as the Company Secretary of Banklslami Pakistan Limited has been assigned the charge of acting CFO […]
Jazz, Pakistan’s leading digital operator, invested PKR 25.5 billion and reported a strong growth of 17.7% in the first half of 2025, underscoring its commitment to driving Pakistan’s digital transformation. The investment focuses on expanding 4G coverage, scaling digital platforms, and accelerating financial inclusion, ensuring that millions of Pakistanis benefit from affordable, high-quality digital services. […]
KARACHI, August 6, 2025— The Federal Cabinet, on the recommendation of the Ministry of Commerce, appoints Mr. Shoaib Javed Hussain as the Chief Executive Officer of State Life Insurance Corporation of Pakistan (SLIC), for a further 3 years effective August 6, 2025. The corporation has undergone a significant transformation, marked by innovation and significant growth, […]
The State Bank of Pakistan (SBP) has developed a comprehensive national implementation strategy to ensure the availability of digital payment acceptance infrastructure, including Raast QR codes, POS, and Soft POS, at all retail and commercial outlets across the country. In a strong push toward a cashless economy, the Prime Minister’s Office (PMO) has directed all […]
Lahore – August 7, 2025: The Board of Directors of MCB Bank Limited (MCB), in its meeting held under the Chairmanship of Mian Mohammad Mansha, reviewed the Bank’s performance and approved the condensed interim financial statements for the half year ended June 30, 2025. The Board declared a second interim cash dividend of Rs. 9.00 […]