JS Group Vindicated as Karachi Court Rejects Legal Claims
A Karachi court has dismissed a legal suit against Jahangir Siddiqui & Co. Ltd., citing lack of legal standing and evidence, effectively clearing the company of all allegations.
Allied Bank Maintains 120% Dividend Despite 27% Profit Decline in 9MFY25
Allied Bank Limited reported a 27% drop in profit after tax to Rs26.81 billion for the nine months ended September 2025 but maintained a strong 120% dividend payout. Despite lower interest income, ABL posted growth in digital and fee-based revenues, highlighting resilience and long-term confidence in Pakistan’s banking sector.