Pakistan stocks close negative amid volatile tradingThe KSE-100 Index closed its week at 40,016 levels after shedding 55 points or 0.1 percent on Friday. The KSE-100 index remained volatile despite improved currant account deficit number of USD 809 mil...
NBP achieves highest ever total revenue of Rs. 97 billionMeeting of the Board of Directors (BoD) of National Bank of Pakistan (Bank) was held on February 22, 2019 at the Bank's Head Office in Karachi. The BoD approved the financial statements of the Bank fo...
China sees ‘enormous potential’ in Saudi economy as crown prince visitsChina sees “enormous potential” in Saudi Arabia’s economy and wants more high-tech cooperation, the Chinese government’s top diplomat said, as Saudi Crown Prince Mohammed bin Salman began a two-day tr...
Bank Alfalah records over Rs 10 billion profitThe Board of Directors of Bank Alfalah in their meeting held in Abu Dhabi on 21st February 2019, approved the Bank's audited financial statements for the year ended December 31st2018. The Bank recorde...
SBP launches 3 cheaper shariah compliant refinance schemesThe State Bank of Pakistan (SBP) has issued three Shariah Compliant Refinance Schemes that are expected to provide level playing field to the Islamic banking industry. Currently, SBP offers various su...
Oil prices fall as US crude output makes recordOil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold s...