General Business News

Karachi: Gold prices in Pakistan have witnessed a marginal increase, reflecting the trends observed in international markets. According to the All-Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola, a traditional South Asian me...

KARACHI: Meezan Bank, a leading Islamic financial institution in Pakistan, has partnered with The Institute of Chartered Accountants of Pakistan (ICAP) to establish a Centre for Islamic Finance. The collaboration aims to enhance professional capacity ...

The State Bank of Pakistan has unveiled the latest exchange rates for the Mark to Market revaluation, providing insights into currency values for authorized dealers in foreign exchange as of April 3, 2025. The US Dollar is set at 280.5602 in the re...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the asset manager rating of First Capital Investments Limited at AM4++ with a stable outlook. This decision underscores the company's modest market presence and a limited fund po...

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has praised Prime Minister Shahbaz Sharif for his decision to reduce electricity prices, viewing it as a significant move toward economic revival and providing relief to consumers. The reducti...

Karachi: VIS Credit Rating Company Limited has elevated the entity rating of FFBL Power Company Limited from 'AA-/A1' to 'AA/A1.' The revised rating indicates high credit quality and strong protection factors, with a stable outlook. The upgrade reflec...

Karachi: VIS Credit Rating Company Limited has elevated the entity rating of FFBL Power Company Limited from 'AA-/A1' to 'AA/A1.' The revised rating indicates high credit quality and strong protection factors, with a stable outlook. The upgrade reflec...