Karachi: MSCI has recalibrated its Frontier Market Index, incorporating significant changes for Pakistan's securities. In its November review, MSCI added eight securities to the Frontier Market Index, with three originating from Pakistan. This adjustm...
Read More »Urea Sales to Experience Slight Decline in October 2025
Karachi: Urea off-take in October 2025 is projected to experience a slight year-on-year decline of 2%, according to recent data. The cumulative decrease in urea off-take for the first ten months of 2025 is expected to ease to 7.6%. The industry aims t...
Read More »IMM REIT Management Maintains Strong Rating Amid Expansive Development Plans
Multan: The Pakistan Credit Rating Agency Limited has affirmed the rating of IMM REIT Management Company Limited, reflecting its experienced management team and strategic backing from prominent industry players. IMM RMC, owned by Mascon Private Limite...
Read More »Women-Led Startups Awarded in Tech Accelerator Program
Karachi: Standard Chartered Pakistan has announced the winners of its seventh Women in Tech Accelerator program, funded by the Standard Chartered Foundation. The announcement followed a graduation ceremony at Pearl Continental, Karachi, where three st...
Read More »Stock Indices Decline Amid Lower Turnover on Pakistan Exchange
Karachi: The Pakistan Stock Exchange witnessed a decline in major indices on November 6, 2025, as the KSE30 and KSE100 both closed lower than their previous positions. The KSE30 index fell by 220.17 points, settling at 48,148.75, while the KSE100 inde...
Read More »KIBOR Rates Show Slight Increase Across Tenors
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, revealing a marginal uptick in rates across various tenors. The adjustments reflect market expectations and liquidity conditions within the ban...
Read More »Algerian Ambassador Urges Karachi Business Leaders to Invest in Africa
KARACHI: The Ambassador of Algeria, Brahim Romani, has extended an invitation to Karachi’s business community to explore investment opportunities in Algeria, highlighting the country's incentives for new investors. Speaking at the S.I.T.E. Association...
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