General Business News

Karachi: Meezan Bank and Naya Nazimabad have announced a strategic partnership to launch Pakistan's first Islamic home financing facility for under-construction projects. The initiative, structured under the State Bank of Pakistan's guidelines, aims t...

Karachi: Additional Director General (South) of the Federal Investigation Agency (FIA), Mujahid Akbar Khan, announced a significant shift in the notice-issuing authority within the agency, transferring it from Investigation Officers to Deputy Director...

Karachi: Pakistan's currency exchange market witnessed notable fluctuations on Tuesday, as revealed by the latest data from the Exchange Companies Association of Pakistan. The U.S. dollar was traded at a buying rate of 281.57 and a selling rate of 2...

KARACHI: Pakistan Refinery Ltd. (PRL) held a corporate briefing session to discuss its financial performance for FY25 and the first quarter of FY26. The company reported a slight increase in revenue but noted a significant annual loss due to declining...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates, indicating stable trading conditions for major currencies. The rates, effective as of October 21, 2025, showed minor fluctuations, reflecti...

Karachi: The State Bank of Pakistan released its latest data on weighted average customer exchange rates, indicating stable buying and selling rates across a range of major currencies. The U.S. dollar is being bought at 280.8512 and sold at 281.2830, ...

Karachi: The Pakistan Stock Exchange saw a notable upswing in trading activity as both the KSE30 and KSE100 indices recorded substantial gains. The KSE30 closed at 51,193.07, marking a rise of 306.47 points from its previous session. Meanwhile, the KS...