Karachi: Inflation in Pakistan is forecasted to reach 3.4 percent year-over-year in May 2025, according to a report by AKD Securities Limited. This marks an increase from April’s record low of 0.3 percent year-over-year. The rise is attributed to incr…
Karachi: Adamjee Life Assurance Company Ltd (ALIFE) reported a 71% increase in earnings for the calendar year 2024, reaching PkR1.6 billion compared to the previous year’s PkR0.9 billion. This rise was mirrored by a jump in earnings per share from PkR…
Karachi: The Government of Pakistan, in collaboration with Meezan Bank and the Pakistan Stock Exchange, has introduced its inaugural sovereign Green Sukuk. This marks a significant step forward in sustainable and Shariah-compliant public financing.
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Kuala Lumpur: The Bank of Azad Jammu and Kashmir has entered into a strategic partnership with Silver Lake Axes, a leading Malaysian company, to advance its digitalization efforts. The collaboration was formalized through a Memorandum of Understanding…
Lahore: Pak Elektron Limited (PAEL) has announced ambitious targets for financial growth, aiming for a gross revenue of approximately Rs95 billion by the calendar year 2025. This represents an expected increase of 36% year-over-year, driven chiefly by…
KARACHI: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, indicating fluctuations across various currencies in the interbank market. According to the data, several major currencies have experienced change…
KARACHI: Divisional Superintendent of Pakistan Railways, Mehmood ur Rehman Lakho, has emphasized the urgent need to shift Karachi’s substantial cargo load from roadways to railways. Addressing a meeting at the Karachi Chamber of Commerce and Industry …
Dubai: Careem Pay has launched international money transfers to Jordan, offering a streamlined financial solution for UAE residents looking to support family and friends back home. This new service promises lower fees and faster transactions just in t…
Karachi: Pakistan’s Consumer Price Index (CPI) is expected to register at 2.7% for May 2025, according to an analysis by JS Global. The fading base effect indicates a return to more stable price trends, with the 11-month average inflation for fiscal y…
Rawalpindi:Former Chief of Army Staff, retired General Abdul Waheed Kakar, has passed away in Rawalpindi.
According to Radio Pakistan, President Asif Ali Zardari, Prime Minister Shehbaz Sharif, Chief of Army Staff and Chief of Defense Forces Field M…
