PSX record rally: more Pakistani companies join billion-dollar club Number of companies with over billion-dollar capitalisation increases from six in May 2024 to 11 in December 2024 Published 16 Dec, 2024 04:16pm
Markets Meezan Bank’s profit up nearly 65% in 1QCY24 Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs25.54 billion for the first... Published 18 Apr, 2024 04:48pm
Business & Finance Enforcement action: SBP imposes over Rs755mn in penalties on 8 banks, 1 EC The State Bank of Pakistan (SBP) imposed penalties worth Rs775.542 million on 8 banks and one exchange company... Updated 18 Apr, 2024 09:12pm
Business & Finance Enforcement action: SBP imposes over Rs465mn in penalties on 10 banks The State Bank of Pakistan (SBP) imposed penalties worth Rs465.08 million on 10 banks during the quarter ended... Updated 30 Jan, 2024 10:46pm
Business & Finance SECP green lights Meezan Bank’s wholly-owned Exchange Company The Securities and Exchange Commission of Pakistan (SECP) has issued the Certificate of Incorporation to Meezan... Updated 15 Nov, 2023 04:55pm
Markets Meezan Bank’s profit jumps nearly 124% in 1QFY24 Meezan Bank, the country’s largest Islamic bank, posted earnings of Rs25.99 billion for the first three months of... Published 19 Oct, 2023 03:21pm
Markets Habib Metropolitan Bank says it will establish wholly-owned EC The Board of Directors of Habib Metropolitan Bank (HMB), a subsidiary of Habib Bank AG Zurich – Switzerland,... Published 10 Oct, 2023 05:44pm
Business & Finance MAP’s ‘38th Corporate Excellence Awards’ held in Karachi KARACHI: The Management Association of Pakistan (MAP) organized the 38th Corporate Excellence Awards (CEA) Ceremony... Published 07 Oct, 2023 06:01am
Business & Finance Bank Alfalah to establish wholly-owned EC Becomes sixth commercial bank to make such announcement to date Updated 03 Oct, 2023 10:44pm
Markets Bank AL Habib says will establish wholly-owned Exchange Company Becomes fourth bank in recent weeks to make this announcement Updated 22 Sep, 2023 10:40pm
Business & Finance Enforcement action: SBP imposes over Rs350mn in penalties on six banks Enforcement actions come during quarter ended June 30, 2023 Updated 27 Jul, 2023 03:18pm
Business & Finance Rizwan Ata to succeed Syed Amir Ali as president, CEO of BankIslami The Board of Directors at BankIslami Pakistan Limited has appointed Rizwan Ata as Deputy CEO. Ata will replace the... Updated 26 Jul, 2023 04:31pm
Business & Finance Irfan Siddiqui’s tenure as CEO/president of Meezan Bank extended Upon his retirement on Dec 29, 2025, BankIslami's current CEO Syed Amir Ali will assume the roles Updated 10 Jul, 2023 06:42pm
Business & Finance MEBL’s entity ratings reaffirmed to AAA/A-1+ by VIS Credit Rating KARACHI: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Meezan Bank Limited (‘MEBL’ or... Published 04 Jul, 2023 05:07am
Print FD extends LoC to PD for rescheduling of Rs283.287bn PHP debts ISLAMABAD: The Finance Division (FD) has extended Letter of Comfort (LoC) to the Power Division till June 28, 2023... Updated 31 May, 2023 08:56am
Business & Finance Meezan Bank’s PAT increased to Rs15.4bn KARACHI: The Board of Directors of Meezan Bank Limited in its meeting, held at Karachi on April 18, 2023, approved... Published 20 Apr, 2023 06:30am
Markets Dates of Closure of Books & Annual General Meetings KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ... Published 02 Nov, 2022 04:37am
Business & Finance MAP organises 37th Corporate Excellence Awards KARACHI: The Management Association of Pakistan (MAP) organised the 37th Corporate Excellence Awards Ceremony at a... Published 11 Oct, 2022 05:54am
Business & Finance Meezan Bank posts 33% higher profit, earnings clock in at Rs17.14bn in 1HCY22 Meezan Bank announced a profit-after-tax of Rs17.14 billion for the six-month period ended June 30, 2022, an ... Published 11 Aug, 2022 04:18pm
Pakistan Agreement signed: MBL, AHG to build, sell apartment towers KARACHI: Arif Habib Group (AHG) and Meezan Bank Limited (MBL) have entered into a strategic partnership to jointly... Published 05 Aug, 2022 06:27am
Business & Finance Shariah-compliant platform for RDA clients: PSX and Meezan Bank sign agreement KARACHI: Pakistan Stock Exchange (PSX) and Meezan Bank Limited, Pakistan’s leading Islamic bank, signed an... Published 28 Jul, 2022 04:41am