General Business News

Karachi: The Exchange Companies Association of Pakistan reported the closing exchange rates for major currencies, reflecting a period of stability amid ongoing economic pressures. According to the State Bank of Pakistan, the US dollar was bought at 28...

Karachi: The State Bank of Pakistan released the latest figures for the weighted average customer exchange rates, showing significant fluctuations in currency values as of June 24, 2025. The report highlights the buying and selling rates for major ...

Karachi: Meezan Bank, in partnership with the IBA Centre for Excellence in Islamic Finance (CEIF), has successfully concluded the second cohort of its initiative, 'Meezan Justuju - A Quest for Islamic Finance Leaders!' This educational program aims to...

Lahore: As China's appetite for sesame seeds grows, Pakistan is set to become a crucial supplier of this agricultural commodity, according to the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). During a think tank session at the PCJCCI...

Islamabad: The Finance Bill 2025 introduces measures aimed at supporting Pakistan's steel industry, offering relief to listed companies that have faced competitive disadvantages. Key proposals include the gradual phasing out of sales tax exemptions fo...

KARACHI: The Pakistan-Turkey Business Council convened at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) headquarters in Karachi, emphasizing the need to boost bilateral trade and expedite the signing of a Free Trade Agreement (F...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the rating of Gas and Oil Pakistan Limited (GO) following a strategic partnership with Aramco, which has acquired approximately a 40% stake in the company. This partnership is anti...