General Business News

Karachi: The State Bank of Pakistan (SBP) provided substantial liquidity to the banking sector through its overnight repo facility, injecting Rs. 67 billion on May 26, 2025. This move reflects the central bank's approach to managing short-term liquidi...

Islamabad: PTCL Group, a major player in Pakistan's telecom sector, has joined forces with Mercantile, the official Apple distributor in the country, to unveil exclusive iPhone 16 offers. This partnership aims to provide customers with extended warran...

Karachi: The State Bank of Pakistan has established a new monetary floor for institutional transactions, according to a recent press release. The announcement outlines a floor amounting to 67,000 for a single institution, which will take effect on May...

Karachi: The State Bank of Pakistan released its latest Karachi Interbank Offered Rate (KIBOR) figures, showing a steady trend in short-term lending rates as of May 26, 2025. The data indicates minimal fluctuations in the bid and offer rates over diff...

Lahore: In a concerted effort to enhance the export of handmade carpets, invitations have been extended to international buyers for the 41st International Handmade Carpet Exhibition, set to take place this October. The event aims to draw global attent...

Lahore: In a concerted effort to enhance the export of handmade carpets, invitations have been extended to international buyers for the 41st International Handmade Carpet Exhibition, set to take place this October. The event aims to draw global attent...

LAHORE: Pakistan Petroleum Limited (PPL) has inaugurated a new Center of Excellence for Research, Development, and Training at the University of Engineering and Technology (UET) in Lahore. The initiative, funded by PPL under its Corporate Social Respo...