General Business News

Karachi: The Chairman of the National Business Group Pakistan, Mian Zahid Hussain, welcomed Prime Minister Shahbaz Sharif’s announcement of agricultural reforms, which he said could signal a revival in the industrial sector and provide long-term econo...

KARACHI: The Korangi Association of Trade and Industry (KATI) has declared its full support for a nationwide peaceful strike set for July 19, organized by the business community and spearheaded by the Karachi Chamber of Commerce and Industry (KCCI). ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for July 11, 2025, indicating a relatively stable currency market amidst ongoing global economic fluctuations. The U.S. dollar was observed at a buyin...

Faisalabad: The Pakistan Credit Rating Agency Limited has assigned initial entity ratings to Faisalabad Electric Supply Company Limited, reflecting its strategic significance and robust financial management. The sovereign ownership by the Government o...

Karachi: Ghandhara Automobiles Limited (GAL), a prominent player in Pakistan’s truck manufacturing industry, is poised for a significant earnings turnaround. The company has been given a Buy rating by analysts, with a projected 47% upside to its disco...

Karachi: United Bank Ltd (UBL) released its financial results for the second quarter of the calendar year 2025, showing a mixed performance marked by increased net profit after tax (NPAT) but a decline in quarterly earnings due to higher operating exp...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, revealing stable short-term lending rates. On July 11, 2025, the rates for various tenors showed minor fluctuations, indicating a steady lending en...