News & Updates

News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

JazzCash To Disburse Funds for Benazir Income Support Program (BISP)

JazzCash, Pakistan’s largest fintech organisation, is proud to announce its selection as one of the few prestigious fina...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Govt is Considering Reduction in Solar Net Metering Tariff

The government told the Senate Standing Committee on Power on Tuesday that it might lower net metering tariff for roofto...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

myco and BSports Partner to Revolutionize Digital Sports Streaming Landscape

In a groundbreaking move set to redefine the landscape of digital sports streaming in Pakistan, BSports, the nation’s pr...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Zindigi Introduces the First-Ever AI-Driven Instant Micro Loan, Offering Upto PKR 100,000

Zindigi, powered by JS Bank, dedicated to simplifying lives and reshaping the financial world, carries on its legacy of...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

UBL Records Highest-Ever Annual Profit

United Bank Limited (PSX: UBL) has reported its highest-ever annual profit after tax of Rs. 56.47 billion for the calend...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Roshan Digital Account Inflows Decline 11.25% in January 2024

Foreign exchange inflows through the Roshan Digital Accounts (RDAs) arrived at $142 million in January 2024, falling 11....

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

CCP Approves Acquisition of Fauji Cereals Business by Fauji Foods Limited

The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s Fauji Foundation’s Fauji Cereals Busine...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Barclays Maintains Positive Outlook on Pakistan’s Sovereign Bonds Amid Uncertainty

Barclays retains its overweight rating on Pakistan and recommends buying on weakness as the new government is unlikely t...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Gold Price in Pakistan Posts Third Successive Increase This Week

The price of gold in Pakistan posted its third successive increase during the current week on Wednesday to settle at Rs....

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

FBR Reforms Will be Implemented by New Govt: FBR Chairman

Federal Board of Revenue (FBR) Chairman Malik Amjed Zubair Tiwana Wednesday said that the caretaker government approved...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Security Papers Ltd Posts 122% Profit Growth in First Half of FY24

Security Papers Limited (PSX: SEPL) released its financial statement for the first six months of the fiscal year ending...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

JnS Education’s Study Abroad Expo: Where Academic Dreams Take Flight!

Are you ready to unlock the doors toward study abroad and better career opportunities? JnS Education, a renowned interna...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Askari Bank Posts 53% Profit Growth in 2023

Askari Bank Limited (AKBL) has announced a profit after tax (PAT) of Rs. 21.5 billion for the calendar year 2023 (CY23),...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

foodpanda Announces Strategic Partnership with PSO DIGICASH

foodpanda, Pakistan’s leading delivery platform, is excited to announce its strategic partnership with PSO DIGICASH, a c...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Rates of Profit On National Savings Schemes Decreased Again

The government has decreased the rates of profit on national savings certificates and schemes by up to 72 bps. This is t...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

Electricity Consumers Set to Face Another Massive Price Hike

The Central Power Purchasing Agency (CPPA) has sought a Rs. 7.13 per unit increase in electricity prices in terms of fue...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

UBL to Inject Another Rs. 1 Billion in Currency Exchange Subsidiary

The Board of Directors of United Bank Limited (PSX: UBL) has approved an investment of Rs. 1 billion in its wholly-owned...

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News Update

21

Feb 2024

Feb 21, 2024 • 5 min read

TECNO Mobile Receives Prestigious Award from the President of Pakistan for Technology Transformation and Financial Inclusion of Women

TECNO Mobile, a leading player in the mobile phone industry, was honored with an award for its outstanding contributions...

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News Update

20

Feb 2024

Feb 20, 2024 • 5 min read

Engro Fertilizers Welcomes Gas Tariff Revision As A Step in Right Direction

Engro Fertilizers Limited (PSX: EFERT) has welcomed how the government has taken a bold first step by removing the subsi...

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News Update

20

Feb 2024

Feb 20, 2024 • 5 min read

easypaisa Empowers Users With ‘Savings Pocket’ for Financial Independence

easypaisa, Pakistan’s leading digital financial services platform, introduces its latest breakthrough offering, the ‘Sav...

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News Update

20

Feb 2024

Feb 20, 2024 • 5 min read

Power Generation Continues to Fall While Fuel Cost Increases By 23% in January 2024

Power generation in the country went down by 2 percent YoY to 8,313 gigawatts per hour (GWh) in January 2024, while it w...

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