Karachi: Pakistani car buyers are increasingly opting for hybrid vehicles despite the significant price gap between these and their petrol counterparts, raising questions about the cost-effectiveness of hybrids in the local market. More than 35,000 SU...
Read More »Saudia’s Brand Value Soars to $1.1 Billion with Strategic Growth
Karachi: Saudia, the national airline of Saudi Arabia, has reached a brand value milestone of $1.1 billion, marking a 34% increase from the previous year. This growth highlights Saudia's dedication to innovation and excellence in the global aviation s...
Read More »SBP Holds Policy Rate Steady Amid Economic Uncertainties
Karachi: The State Bank of Pakistan (SBP) announced it would keep the policy rate unchanged at 11%, highlighting concerns over rising imports and geopolitical tensions in the Middle East. These factors were identified as significant risks contributing...
Read More »Currency Exchange Rates Fluctuate Amid Market Dynamics
Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, revealing fluctuations in the value of multiple currencies against the Pakistani Rupee. As of June 17, 2025, the USD is being bought at 283.80 and...
Read More »Pakistan Fertilizer Sees Uptick in Sales Amid Economic Challenges
Lahore: Fertilizer sales in Pakistan showed signs of recovery for the first time in calendar year 2025, according to a recent report by AKD Securities Limited. The resurgence is attributed to the introduction of interest-free loans under the Punjab Ki...
Read More »Exchange Rates in Pakistan Show Marginal Fluctuations
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for June 16, 2025, indicating slight changes in currency values. The data, sourced from the State Bank of Pakistan, highlighted minor fluctu...
Read More »PTCL Group Partners with TPL Insurance to Launch Device Financing for Enterprises
Karachi: Pakistan's leading telecommunication provider, PTCL Group, has announced a partnership with TPL Insurance to introduce a new financial guarantee system aimed at facilitating the adoption of digital tools and equipment across various industrie...
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