General Business News

KARACHI: The Benazir Income Support Program (BISP) has proposed a partnership with the Karachi Chamber of Commerce and Industry (KCCI) to empower low-income families through skill development. The collaboration, under the Benazir Hunarmand Program, ai...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of MCB Bank Limited, highlighting its expanding deposit base, strengthening core earnings, and growing market presence. The ratings underscore the Bank's impro...

KARACHI: Arab Light crude experienced significant price increases, rising over 21.3% in June 2025 and 11% since mid-June, amid escalating geopolitical tensions in the Middle East. The key factor is the Strait of Hormuz, an essential oil chokepoint tha...

KARACHI: The State Bank of Pakistan has released its latest weighted average customer exchange rates, providing a snapshot of the current buying and selling rates for various international currencies against the Pakistani Rupee. According to the data ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the open market closing exchange rates on June 23, 2025, revealing a steady performance of the Pakistani rupee against major global currencies. According to the data, the buyi...

KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Bank AL Habib Limited (BAHL), underscoring the bank's robust market positioning in a competitive banking environment. BAHL's strategic initiatives, anchored ...

Karachi: The National Bank of Pakistan (NBP) has maintained its robust entity ratings, reflecting a strong position in the domestic commercial banking sector, according to a recent evaluation by The Pakistan Credit Rating Agency Limited (PACRA). The r...