Karachi: The National Bank of Pakistan (NBP) announced a remarkable financial performance for the first half of the calendar year 2025, reporting an unconsolidated profit of PkR43.5 billion, a substantial increase compared to the previous year. This s…

Karachi: The currency exchange rates released by the Exchange Companies Association of Pakistan on Monday indicate minor fluctuations in the value of major foreign currencies against the Pakistani Rupee. The United States Dollar (USD) maintained stabi…

Karachi: President of the United Business Group (UBG), Zubair Tufail, has called on the State Bank of Pakistan (SBP) to reduce the policy rate to single digits in the upcoming monetary policy announcement scheduled for September 15.

In a statement …

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…

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…

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…

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 …

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…

Karachi: The National Bank of Pakistan (NBP) hosted a significant program at its Head Office in Karachi to observe Eid Milad-un-Nabi, a day cherished by Muslims worldwide as it marks the birth of the Holy Prophet Muhammad (PBUH). The event underscored…