National Bank of Pakistan’s management affirms solid capital base, plans digital expansion, and prioritizes current accounts to sustain profit growth Topline had a management meeting with the senior management of National Bank CEO, Mr. Rehmat Ali Hasnie and CFO, Mr. Abdul Wahid Sethi on the recent financial results and outlook. Regarding the Shariah conversion of…
Pakistan Stock Market continues bleeding and dropped by 674 points in opening hours of trading on Wednesday. KSE 100 index dropped by 0.41 per cent at 9:45 am to 165499 points. The companies which suffered included auto companies like Gandhara, Hinopak.
Pakistan’s inaugural maritime investment conference to attract global and local investors, highlighting opportunities in ports, fisheries, and coastal development. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced plans to hold the Pakistan Maritime Investment Forum 2025, aimed at showcasing a wide range of investment opportunities in the maritime sector.Pakistan to Pitch Mega…
ISLAMABAD, Oct 7: The Competition Commission of Pakistan (CCP) is in process of initiating an inquiry into deceptive marketing practices in the real estate sector. The decision is based on extensive data and intelligence gathered by CCP’s Market Intelligence Unit (MIU) and the Office of Fair Trade (OFT), which revealed widespread misrepresentation by various housing…
Pakistan’s stock market continues bleeding and dropped 1578.66 points to 166173.74 which amounts to 0.95 percent. The stock market had also dropped on Monday due to India Tensions and Profit-taking. Following yesterday’s downbeat momentum, bears kept their foot firmly on the pedal in today’s trading session. The benchmark KSE-100 index initially opened on a positive…
Pakistan is looking towards Qatar to invest around $200 billion in regional connectivity projects worth multibillion of dollars. Pakistan is working on a plan to prioritise projects linking the Middle East, Central Asia, China, and beyond. Sources told NewzTodays.com that Pakistan is eying major investment from Saudi Arabia for a regional connectivity project. “ The…
The Pakistan stock market concluded the session on a negative note, pressured by escalating geopolitical concerns related to India, cautious investor sentiment, and heightened profit-taking. The benchmark index traded within a broad range, hitting an intraday high of 336 points and a low of 2,992 points, before settling at 167,752 — reflecting a decline of…
ISLAMABAD, October 6: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of a controlling interest in Olam Agri Holdings Limited (Olam Agri) by the Saudi Agricultural and Livestock Investment Company (SALIC), a wholly-owned subsidiary of the Saudi Public Investment Fund.CCP Chairman Announces PTCL Telenor Merger The transaction involves the transfer of shares…
The Federal Board of Revenue (FBR) has intensified its monitoring of non-filers who use credit cards for regular shopping and high-value transactions. As per the official sources, more than two hundred thousand individuals have been identified making monthly purchases through their credit cards without filing tax returns. The tax authority has started collecting detailed credit…
Banking, cement, and pharma sectors drive quarterly growth; dividends rise 7% YoY KSE-100 index companies posted earnings of Rs445bn in 4QFY25, up 21% YoY from Rs366bn in 4QFY24. In US dollar terms, profitability stood at US$1.6bn. During FY25, benchmark index companies posted earnings of Rs1.7trn, up 3% YoY. Excluding E&Ps and banks, profits are are…