Engro Polymer and Chemicals Appoints Ahsan Zafar Syed as Chairman and Abdul Qayoom as CEO
Engro Polymer and Chemicals Limited has officially appointed Ahsan Zafar Syed as Chairman and Abdul Qayoom as CEO following the recent election of directors.
Soneri Bank Reports 16.72 Percent Profit Growth in First Quarter of 2026 Driven by Non Funded Income
Soneri Bank Limited achieves Rs1.34 billion profit in Q1 2026 as surging non-funded income and foreign exchange gains offset a contraction in net mark-up margins.
Sindh High Court Sanctions Merger of Crescent Star Foods into PICIC Insurance Limited
PICIC Insurance Limited to issue 7.9 billion shares as Sindh High Court approves merger with Crescent Star Foods under a modified scheme of arrangement.
State Bank of Pakistan Expected to Maintain Policy Rate at 10.5 Percent Amid Global Uncertainty
Market analysts and financial institutions predict the State Bank of Pakistan will hold the policy rate at 10.5 percent during Monday’s MPC meeting.
JS Rental REIT Secures SECP Approval For Landmark Public Offering
JS Rental REIT receives SECP approval for its public offering on PSX, offering 53.6 million units and marking the sixth REIT scheme on the exchange.
NCCPL Sets April 30 Deadline for Mandatory Collection of March Capital Gains Tax
The National Clearing Company of Pakistan notifies brokers and asset managers that Capital Gains Tax for March 2026 will be debited on April 30.
Bank of Punjab Board Extends Zafar Masud Term as President and CEO for One Year
The Bank of Punjab Board of Directors has approved a one-year contract extension for President and CEO Zafar Masud following a notification from the Punjab Finance Department.
HBL First Quarter 2026 Financial Results Show Resilience Amid Margin Pressures and Digital Shift
Habib Bank Limited reports Rs16.15bn profit for Q1 2026 as core lending growth faces rising funding costs and shifts in non-markup income streams.
BankIslami Pakistan Approves 5 Billion Sukuk Issuance to Bolster Capital Adequacy
BankIslami board approves the issuance of a Shariah-compliant Sukuk worth 5 billion to strengthen Tier 2 capital and support Islamic banking growth.
UBL Shatters Records with Historic 100 Billion Quarterly Profit Milestone
United Bank Limited makes history as the first Pakistani bank to cross 100 billion in quarterly pre-tax profit, driven by a 35.5 percent year-on-year growth.