Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for various currencies as of May 5, 2025. The rates reveal the current state of international currency exchanges in the open market. The US dollar mai...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Aslam Energy (Pvt.) Limited, highlighting the company's strong business profile and its affiliation with Flow Petroleum (Pvt.) Limited. The ratings reflect As...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the MCB Cash Management Optimizer, a low-risk money market fund that remains a key cash management tool for both institutional and retail investors. The Fun...

Karachi: Pakistan's oil marketing companies (OMCs) reported a notable increase in sales for April 2025, reaching a 13-month high with 1.46 million tons sold, marking a 32% rise compared to the previous year and a 20% increase from the previous month. ...

Karachi: Zindigi, a platform powered by JS Bank, has entered into a strategic partnership with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to advance the digital transformation of Pakistan's business sector. This collaboration...

Islamabad: Prime Minister Shehbaz Sharif has expressed satisfaction over one percent reduction in policy rate announced by the State Bank of Pakistan: In a statement, he said the one percent cut down in the policy rate is a welcoming step for business...

Islamabad: Prime Minister Shehbaz Sharif has expressed satisfaction over one percent reduction in policy rate announced by the State Bank of Pakistan: In a statement, he said the one percent cut down in the policy rate is a welcoming step for business...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of NRSP Microfinance Bank Limited at 'A-/A2'. The medium to long-term rating of 'A-' signifies good credit quality with adequate protection factors, although risk factors cou...

Karachi: VIS Credit Rating Company Limited (VIS) has assigned an 'A1 (plim)' preliminary rating to At-Tahur Limited's proposed Short Term Sukuk (STS). This rating underscores a strong likelihood of timely repayment of short-term obligations, backed by...