General Business News

Karachi: The State Bank of Pakistan has released new financial data reflecting the ceilings and floors for institutional transactions as of August 29, 2025. The data shows a ceiling amount of 2,000 with one institution involved, while the floor amount...

Karachi: The Karachi Interbank Offered Rate (KIBOR) remained stable across various tenors, reflecting a steady economic environment despite ongoing uncertainties. The State Bank of Pakistan released the latest rates, which showed minimal fluctuations ...

Karachi: The State Bank of Pakistan has published the latest weighted average customer exchange rates for various currencies, providing crucial data for financial analysts and businesses engaged in international trade. The rates, issued by the Domesti...

Karachi: Engro Holdings (ENGROH) announced a significant increase in its second quarter of 2025 financial results, with earnings per share (EPS) reaching Rs28.0, a 17.4-fold increase year-over-year. The profit attributable to equity owners was Rs33.7 ...

Islamabad: Fatima Fertilizer Company Limited has entered into a strategic partnership with SEED Ventures and King's Trust International to promote youth entrepreneurship in Pakistan through the Enterprise Challenge Pakistan (ECP) program. The partners...

Islamabad: The Pakistani Rupee continued its downward spiral against major international currencies, with the US dollar nearing the PKR 284 mark in the open market on Saturday. Exchange companies reported the greenback trading between PKR 283.07 and P...

Karachi: Engro Holdings has announced a reassessment of its strategic direction concerning the divestment of its thermal assets, while remaining open to exploring opportunities for the divestment of Engro Powergen Qadirpur Limited (EPQL), according to...