Author: Faiza Liaquat

MCB Islamic Bank’s remarkable 348% growth in Profit before Tax for Q3 2023, reaching PKR 7.506 billion, showcases its commitment to prudent financial practices and efficient deposit acquisition. The bank’s focus on value delivery is reflected in its 2.37% Return on Total Assets and significantly improved earnings per share after tax.

Fly Jinnah is set to expand its operations from domestic to international routes, offering flights to several countries after receiving cabinet approval. The airline, known for its punctuality, has conducted over 4,370 domestic flights in its first year and is now poised for international growth.

At just 22, Shaheen Afridi’s 100 wickets in 51 matches showcase his rising stardom in cricket, making him the youngest Pakistani bowler to achieve this milestone in One-Day Internationals. His remarkable achievement bolsters Pakistan’s World Cup campaign and inspires cricket fans globally.

A Free Dialysis Center in Sialkot, funded by Mr. Tanveer, offers free dialysis services, following stringent hygiene standards. JDC’s initiative aims to combat kidney disease by providing accessible treatment in Pakistan.

In Q3 2023, Pakistan’s listed banks achieved a record-high profitability, surging by 95% YoY to PKR 163 billion, with increased Net Interest Income (NII) as a key driver. Although non-interest income declined due to losses on securities and rising administrative expenses, the sector is expected to maintain strong dividend payouts, with Meezan Bank and United Bank standing out as top performers.

Embark on a spiritually enriching Umrah journey with Meezan Bank’s flexible and accessible package for November 2023, which includes E-Visa, transportation, flights, Zairat support, and hotel accommodations. Join us on this sacred path and make your pilgrimage convenient and affordable.

Askari Bank Limited achieved a record profit of Rs. 14.6 billion for the 9-month period ending September 30, 2023, marking a significant 36% increase from the previous year, driven by strong net interest income growth. Operating expenses rose, and dividends were not announced for shareholders.

Karachi Whites clinched their fifth Quaid-e-Azam Trophy title with an emphatic 456-run win over Faisalabad, celebrated at the PCB headquarters in Lahore. Sarfaraz Ahmed and Saim Ayub were honored for their pivotal roles in the victory.

Train services between Sibi and Harnai, suspended for 18 years due to militant attacks in 2005, have been restored, providing relief to the local population and boosting the regional economy. The reinstatement of the Bolan Mail service further emphasizes the government’s commitment to improving transportation and connectivity in the region.

Arslan Ash, the Tekken sensation from Pakistan, clinched the Jemputan Tekken 7 Championship in Malaysia by defeating LowHigh’s Shaheen 3-1 in the final. Arslan, a four-time EVO champion, is celebrated as one of the premier Tekken players globally.