Karachi: United Bank Limited (UBL) recently held a corporate briefing, revealing significant financial growth and strategic initiatives. The bank announced a remarkable 103% increase in profit after tax, reaching Rs28.6 billion, and declared an EPS of...
Read More »Daily Archives: September 4, 2025
FPCCI Endorses New Customs System to Boost Efficiency and Transparency
Karachi: In a bid to modernize customs operations and enhance trade efficiency, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed strong support for the Faceless Customs Assessment (FCA) system. The initiative aims to ...
Read More »Stock Market Sees Modest Gains as Indices Climb
Karachi: The stock market experienced a modest uptick on Thursday, with the KSE30 and KSE100 indices posting gains over the previous trading session. The KSE30 index rose by 145.67 points, reaching 46,499.67, while the KSE100 index increased by 463.85...
Read More »Stocks Surge as KSE100 Index Hits Record High in Steady Climb
Karachi: The Karachi Stock Exchange witnessed a surge in activity as the KSE100 index reached a record high on Tuesday, closing at 152,665.72 points. This marks a 0.30% increase from the previous day's close, with a significant year-to-date climb of 3...
Read More »Visa Expands Travel Offers with Exclusive Global Benefits
NEW YORK: Visa, a global leader in digital payments, has announced a new campaign offering exclusive travel benefits to cardholders. The initiative, valid from May 1, 2025, through April 30, 2026, aims to enhance the travel experience by providing acc...
Read More »Currency Exchange Rates Show Stability Amid Economic Challenges
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for September 4, 2025, indicating a stable performance of the Pakistani Rupee against major currencies. The State Bank of Pakistan provided the data, re...
Read More »Pakistan Petroleum Limited Unveils Major Oil and Gas Find in Potwar Region
Karachi: Pakistan Petroleum Limited (PPL) has announced a significant oil and gas discovery at its Dhok Sultan-03 well in District Attock, Punjab Province. The discovery is a notable achievement for PPL and partner Government Holdings Private Limited ...
Read More »Pakistan Petroleum Limited Unveils Major Oil and Gas Find in Potwar Region
Karachi: Pakistan Petroleum Limited (PPL) has announced a significant oil and gas discovery at its Dhok Sultan-03 well in District Attock, Punjab Province. The discovery is a notable achievement for PPL and partner Government Holdings Private Limited ...
Read More »Key Interest Rates Published by State Bank of Pakistan
Karachi: The State Bank of Pakistan released its latest Karachi Interbank Offered Rate (KIBOR) figures, indicating slight variations across different tenors. For the 1-week tenor, the bid rate is set at 10.80, and the offer rate at 11.30. The 2-week t...
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