KARACHI: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, indicating fluctuations across various currencies in the interbank market. According to the data, several major currencies have experienced change...
Read More »Daily Archives: May 29, 2025
PAEL Targets Significant Revenue Boost With Strategic Partnerships
Lahore: Pak Elektron Limited (PAEL) has announced ambitious targets for financial growth, aiming for a gross revenue of approximately Rs95 billion by the calendar year 2025. This represents an expected increase of 36% year-over-year, driven chiefly by...
Read More »Bank of Azad Jammu and Kashmir Partners with Silver Lake Axes to Enhance Digital Infrastructure
Kuala Lumpur: The Bank of Azad Jammu and Kashmir has entered into a strategic partnership with Silver Lake Axes, a leading Malaysian company, to advance its digitalization efforts. The collaboration was formalized through a Memorandum of Understanding...
Read More »Pakistan Unveils First Sovereign Green Sukuk in Sustainable Financing Milestone
Karachi: The Government of Pakistan, in collaboration with Meezan Bank and the Pakistan Stock Exchange, has introduced its inaugural sovereign Green Sukuk. This marks a significant step forward in sustainable and Shariah-compliant public financing. ...
Read More »Adamjee Life Reports Significant Earnings Growth and Strategic Shifts
Karachi: Adamjee Life Assurance Company Ltd (ALIFE) reported a 71% increase in earnings for the calendar year 2024, reaching PkR1.6 billion compared to the previous year's PkR0.9 billion. This rise was mirrored by a jump in earnings per share from PkR...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service