Karachi, September 16, 2025 – The Pakistan Stock Exchange (PSX) has announced an impressive 48% surge in profit for the fiscal year 2024-25, reflecting the robust trading momentum and increased investor participation witnessed throughout the year.
(more…)Category: Corporate
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Company Registrations Surge to 265,587: SECP
Islamabad, September 8, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has announced a notable increase in corporate registrations, signaling rising business confidence in the national economy.
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Pakistan Petroleum Discovers Oil and Gas in Punjab
Karachi, September 4, 2025 – In a significant development for the country’s energy sector, Pakistan Petroleum Limited (PPL) has announced a new discovery of oil and gas reserves in the Attock District of Punjab.
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SECP grants digital lending license to boost investment
Islamabad, August 28, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward advancing digital finance by granting a digital lending license to Foremost Financial Services (Pvt) Limited, enabling it to operate as a Non-Banking Finance Company (NBFC).
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Faysal Bank reports 28% decline in second quarter profit
Karachi, August 28, 2025 – Faysal Bank Limited has reported a 28% year-on-year (YoY) decline in net profit for the second quarter ending June 30, 2025, reflecting the impact of rising costs and economic pressures on the banking sector.
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TPL Trakker secures first-ever project in African region
Karachi, August 28, 2025 – TPL Trakker announced on Thursday that it has successfully secured its first-ever project in the African region, marking a major milestone in the company’s international expansion strategy.
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Meezan Bank surpasses Rs 3 trillion as digital drive pays off
Karachi, August 27, 2025 – Meezan Bank Limited has achieved a major milestone by surpassing Rs 3 trillion in total deposits by the end of June 2025.
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SCBPL reports 23% decline in net profit for 1HCY25
KARACHI, August 26, 2025 – Standard Chartered Bank (Pakistan) Limited (SCBPL) has announced its financial performance for the first half of calendar year 2025, reporting a 23% decline in net profit compared to the same period last year. The results reflect a challenging operating environment and volatility in the banking sector.
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SECP streamlines corporate bank account opening process
Karachi, August 25, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has introduced a standardized format for board resolutions required for opening corporate bank accounts, a move aimed at promoting uniformity and reducing compliance delays across financial institutions.
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Allied Bank posts 25% drop in net profit for first half of 2025
Karachi, August 21, 2025 – Allied Bank Limited has released its consolidated financial results for the first half of calendar year 2025, reporting a significant 25% decline in after-tax profit compared to the same period last year.
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