Business Recorder

Sindh governor meets MBS

KARACHI: Sindh Governor Syed Muhammad Nehal Hashmi called on Crown Prince and Prime Minister of Kingdom of Saudi Arabia , Prince Mohammed bin Salman, at the Makkah Grand Palace, after performing hajj. During the meeting, both leaders discussed mat…

#KamranTessori #Makkah

Business Recorder

Third day of Eid-ul-Azha: Thin attendance observed in govt offices

KARACHI: Thin attendance was observed in government and private sector organizations on Friday, the first working day after Eid-ul- Azha holidays as people seemed gossiping on Eid celebrations, sacrificial animals and butchers issues. Thin attenda…

#EidulAdha2024 #GovtEmployees

Business Recorder

JI, JUI-F reject proposed Abraham Accords

ISLAMABAD: Jamaat-e-Islami (JI) Pakistan and Jamiat Ulema-e-Islam (JUI-F) have agreed that the proposed Abraham Accords with Israel should not be accepted in any case as the move is simply designed to recognize Israel as state. The development cam…

#JI #JUIF

Business Recorder

Cases filed in wrong court should be returned, not dismissed: SC

ISLAMABAD: The Supreme Court ruled that if a court lacks jurisdiction, it should not dismiss or reject a case; instead, it should return the plaint/case for presentation before the court vested with the proper jurisdiction to hear and decide the m…

Business Recorder

Russia-Ukraine conflict: Pakistan for an end to hostilities to protect civilians

UNITED NATIONS: Amid a dangerous escalation in the war in Ukraine after a wave of large-scale Russian strikes, Pakistan called for an “immediate and complete” cessation of hostilities so as to bring this conflict to an early end. “Recent escalatio…

Business Recorder

Saylani collective Qurbani jumps 15pc, says Farooqui

KARACHI: Founder and Chairman of Saylani Welfare International Trust, Maulana Bashir Ahmed Farooqui, supervised the collective Qurbani operation throughout all three days of Eid-ul-Azha. Speaking to media representatives on Friday after the comple…

#Qurbani

Business Recorder

Systems Limited sees 21pc profit surge in 1QCY26

KARACHI: Systems Limited (SYS), Pakistan’s largest technology exporter, on Friday announced 21 percent surge in consolidated year-on-year (YoY) profit after tax for the first quarter (January to March) of calendar year 2026. The significant profit…

Business Recorder

Salaried individuals: MAP proposes phased super tax cuts & tax relief

KARACHI: Considering the fragile economic condition in recent years, coupled with the conflict between US and Iran and continued dependence on the International Monetary Fund support program, the Management Association of Pakistan [MAP] understand…

Business Recorder

FBR offices to remain open today, tomorrow

ISLAMABAD: For facilitation of the taxpayers, the FBR has directed that all Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax Offices (CTOs) and Regional Tax Offices (RTOs) shall remain open on Saturday (May 30) and …

#FBR

Business Recorder

ABHI Bank ends 2025 with highest-ever Rs1.019bn PAT

KARACHI: ABHI Microfinance Bank Limited closed 2025 with a profit after tax of Rs 1.019 billion, the highest-ever in the bank’s history, compared to a loss after tax of Rs 1.754 billion in 2024, marking a sharp recovery in the bank’s financial per…