K-Electric has officially closed entries for its Energy Progress & Innovation Challenge (EPIC) 2025 following an enthusiastic nationwide response from academia, entrepreneurs, researchers, and startups. As of the final deadline, over 250 entries were received from across Pakistan, reflecting the growing spirit of innovation and localisation in Pakistan’s energy landscape. EPIC…
Pakistan’s economy continues to stabilize and is expected to grow by two point seven percent in the current fiscal year as compared to two point five percent in the previous year. According to World Bank’s latest Pakistan Development Update, the real GDP growth will be supported by recovering private consumption and…
Finance Minister Muhammad Aurangzeb has invited Turkish investors and businessmen to explore investment opportunities in Pakistan, particularly in the dairy, cheese and livestock sectors. He was talking to Finance Minister of Turkiye Mehmet SimSek on the sidelines of the IMF-World Bank Spring Meetings in Washington. Muhammad Aurangzeb highlighted the strong…
Faysal Bank Limited (FBL) demonstrated resilient financial performance and on a standalone basis, reported a Profit before Tax (PBT) of PKR 11.1 billion and net profit stood at PKR 5.1 billion. Impacted by reduction in policy rate and increase in the tax rate from 49% to 53%, Earnings Per Share decreased…
Minister for Finance Muhammad Aurangzeb, participated in a panel discussion on “Revenue Mobilization in the Medium Term” organized by the International Monetary Fund during the 2025 Spring Meetings in Washington. He highlighted the measures being taken by Pakistan to broaden and deepen the tax base, enhance the contribution of agriculture, real…
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, reinforced its commitment to social responsibility and nation-building through a meaningful visit to Habib University — a premier liberal arts and sciences institution dedicated to shaping future leaders and thinkers. Mr. Mian Muhammad Younis, Chairman of the Board of Directors, along…