Karachi: Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has urged the State Bank of Pakistan to implement a significant cut in the policy interest rate at the upcoming Monetary Policy Committee (MPC) meeting scheduled …

Karachi: The State Bank of Pakistan (SBP) is expected to resume its monetary easing policy following a brief pause, as geopolitical tensions ease and focus shifts toward enhancing macroeconomic indicators, according to a recent analysis by AKD Securit…

Karachi: AGP Limited is projected to report a significant year-on-year increase in earnings for the second quarter of the calendar year 2025, with consolidated earnings expected to reach Rs725 million, reflecting a 90% rise. This translates into an ea…

Karachi: In a growing economic conundrum, the persistent shortage of dollars in Pakistan is compelling businesses to turn to the black market, according to Mian Zahid Hussain, a prominent figure in the business community. The scarcity of foreign curre…

Karachi: Engro Fertilizers and Bank Alfalah Limited have announced a strategic partnership to launch a PKR 250 million financing initiative aimed at empowering farmers across Pakistan. The collaboration will offer loans of up to PKR 1 million to farme…

Karachi: Prominent Pakistani rice exporter Rafique Suleman has been elected President of the Pakistan-Kenya Business Council (PKBC). Suleman, who has been instrumental in enhancing trade relations between the two countries, pledged to deepen the econo…

Karachi: The State Bank of Pakistan has released new data detailing the financial ceiling and floor amounts for July 24, 2025. According to the report, there was a ceiling amount of 100 units involving one institution, while the floor amount stood at …

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial ratings to Masood Spinning Mills Limited (MSML), recognizing the company’s positioning in Pakistan’s spinning industry. The ratings are bolstered by MSML’s affiliation with…

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR) for July 24, 2025, showing minor adjustments across various tenors. The rates, which serve as a benchmark for lending in the financial sector, indicate…