General Business News

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...

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...

Karachi: The Karachi Interbank Offered Rate (KIBOR) has experienced a modest rise across all tenors, according to the latest figures released by the State Bank of Pakistan on November 5, 2025. The KIBOR rates, which serve as a benchmark for lending be...

Karachi: The latest figures from the Exchange Companies Association of Pakistan indicate a shift in currency exchange rates, reflecting ongoing economic uncertainties. According to the data released on November 5, 2025, fluctuations were recorded in s...

Karachi: In a significant move to promote sustainable tourism, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), in partnership with the Islamic Chamber of Commerce and Development (ICCD) and Al Baraka Bank Pakistan, hosted a high-...

Karachi: Waves Home Appliances Ltd. (WAVESAPP) presented its financial results for the fiscal year CY24 and the first nine months of CY25 during an analyst briefing, highlighting a mixed performance in revenue and earnings. The briefing outlined key f...

Karachi: Waves Corporation Ltd. (WAVES) conducted an analyst briefing to discuss its financial performance for CY24 and the first nine months of CY25, revealing mixed results and a positive outlook. The company reported a 24% year-on-year decline in n...