General Business News

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...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Nisar Spinning Mills (Pvt.) Limited (NSMPL), citing the company's diverse business operations and established market presence. Despite this, the company's rev...

Islamabad: Pakistan and Bangladesh are entering a new phase of engagement, driven by mutual interests in peace, economic progress, and regional cooperation. Both nations are working to overcome historical tensions to forge a constructive partnership, ...

Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates on July 11, 2025. The latest figures indicate subtle changes across several major currencies. According to the association, the U.S. dolla...

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...