Karachi: Bank Bank Limited (PSX: ABL) has a profit after a tax of 8.48 billion rupees for a quarter ending on March 31, 2025, a decrease of 26.97 % from 11.61 billion rupees in the same period last year. The share profits decreased to 7 rupees, compared to the RS10 in the first quarter of … Read more
Prime Minister Shaybaz Sharif announced that the Pakistanis abroad who make great investments in the country will be recognized through civil awards, recognizing their contributions as ambassadors in Pakistan abroad. “The Pakistanis abroad plays a role of ambassadors for our country. Their services and dedication in Pakistan is worth praise,” said the Prime Minister, who … Read more
Islamabad: Finance Minister Mohamed Uranzib revealed plans to provide financial relief to the salary class in the next budget, as he faced continuous financial challenges while supporting economic growth. Speaking to the media in Lahore on Sunday, Aurangzeb highlighted many positive economic indicators, including the number of transfers to 35 million and an increase in … Read more
President Trump said on Wednesday that he was “unanimously” to lead the Kennedy Center’s board of directors, and continued his seizure of the Cultural Center in Washington, DC. The move, which the president announced on his social media site, comes after Trump moved to the members of the organization’s board of directors who were appointed … Read more
PeshawarBOK Bank (Bok) revealed ambitious plans to expand its operations and enhance its presence in the market in 2025. As part of its strategic vision, the bank will open 52 new branches throughout Khyber Pthavtongua (KP) and turns completely into Islamic banking services, which reflects its commitment to providing financial services Modern, moral and comprehensive. … Read more
Intel announced plans to spin off its venture capital and investment unit, Intel Capital, into an independent company to improve operational efficiency. The standalone entity, expected to launch in the second half of 2025, will operate under a new name, with Intel remaining a major investor. The transition will see the existing Intel Capital team … Read more
The State Bank of Pakistan (SBP) on Friday released the advance schedule of Monetary Policy Committee (MPC) meetings for the first half of 2025. According to the calendar, the central bank will hold four meetings between January and June. The first meeting of the Monetary Policy Committee is scheduled for January 27, followed by the … Read more
Film Independent announced the winners of its three Emerging Filmmaker Awards at its annual Spirit Awards Nominee Brunch on Saturday. Winners in the remaining categories are scheduled to be announced on February 22. Opening remarks were delivered by Film Independent Board Chair Brenda Robinson, who recalled the organization’s late president Josh Welch during her speech. … Read more
Elon Musk’s SpaceX announced that its upcoming Starship test flight will include the rocket’s first attempt to deploy payloads in space, launching 10 prototype Starlink satellites. “While in space, Starship will deploy 10 Starlink simulators, similar in size and weight to next-generation Starlink satellites as the first exercise for a satellite deployment mission,” the company … Read more
The Pakistan Stock Exchange (PSX) has completed the semi-annual reconstitution of the KSE-Mizan 30 Index (KMI-30) for the period from January 1, 2024 to June 30, 2024. The reconfiguration will take effect on Monday, December 30. 2024, includes the inclusion of seven companies with the elimination of an equal number based on the specified selection … Read more