General Business News

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Currency Exchange Rates Announced by Pakistan’s Exchange Association

Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates for February 17, 2025. The rates reflect the buying and selling prices of various foreign currencies in the interbank market.

According to a stat...

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EFERT Announces Strong Financial Results Amid Market Challenges

Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh...

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Currency Exchange Rates Announced by Pakistan’s Exchange Association

Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates for February 17, 2025. The rates reflect the buying and selling prices of various foreign currencies in the interbank market.

According to a stat...

The post Currency Exchange Rates Announced by Pakistan’s Exchange Association appeared first on Pakistan Business News.

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Pakistan Secures $40 Billion in World Bank Financing for Long-Term Development

ISLAMABAD: Pakistan is poised to receive up to $40 billion in financing from the World Bank over the next 10 years under a new Country Partnership Framework (CPF). This initiative aims to foster sustainable economic growth and development through long...

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World Bank Delegation Visit Sparks Optimism for Pakistan’s Economic Future

Karachi: A high-level delegation from the World Bank Group has arrived in Pakistan, marking its first visit in two decades, to explore potential economic development projects and investment opportunities. Aman Pracha, Vice President of the Federation ...

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Engro Polymer and Chemicals Unveils Rs 11.7 Billion Hydrogen Peroxide Plant

Karachi: Engro Polymer and Chemicals (EPCL), a subsidiary of Engro Corporation, has launched a Rs 11.7 billion hydrogen peroxide plant, marking a significant milestone in its investment efforts to bolster Pakistan's economic growth. The project, suppo...

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Foreign Exchange Rates Updated for Mark to Market Revaluation

Karachi: Authorized dealers in foreign exchange have released the latest exchange rates for mark to market revaluation, with notable changes observed across multiple currencies. The rates are crucial for financial institutions and traders who rely on ...

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