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: Allied Limited (ABL) presented its 1HCY25 financial results during an analyst briefing, revealing a 26% year-on-year decrease in profits to PkR17.5 billion. The decline comes as a result of a contraction in net mark-up income and rising opera...

Islamabad: inDrive, an international mobility and urban services platform, has teamed up with Qist Bazaar to provide exclusive price reductions on a variety of essential goods for its drivers throughout Pakistan. This program demonstrates inDrive's de...

Islamabad: The Pakistan Stock Exchange (PSX) experienced a significant drop yesterday, with the KSE-100 index plummeting 678 points to close at 148,815. Trading volume reached 692 million shares. GADT, YOUW, and PABC led gains while AIRLINK, BNWM, and...

Karachi: DG Khan Cement Co. (DGKC) has reported a notable increase in its quarterly and annual earnings for the fiscal year 2025, surpassing market expectations. The company announced earnings of approximately Rs 3.16 billion for the fourth quarter, e...