General Business News

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for December 12, 2025, indicating stability in the currency market. According to the data provided by the State Bank of Pakistan, the US dollar was bein...

Karachi: Pak-Qatar Family Takaful Limited's (PQFTL) recent initial public offering (IPO) has exceeded expectations, being oversubscribed by 3.2 times. This marks a significant achievement as it is the first IPO of a dedicated Family Takaful company to...

Karachi: The Pakistan Credit Rating Agency (PACRA) has maintained the Broker Fiduciary Rating (BFR) of Arif Habib Limited (AHL) at BFR 1 with a stable outlook. This announcement reflects the continued strong sponsorship profile and robust governance s...

Lahore: The Pakistan Credit Rating Agency (PACRA) has upheld the Social Impact and Performance Rating of the Rural Community Development Programmes (RCDP) with a score of SIP3++ and a positive outlook. This decision reflects the organization's strong ...

Lahore: The Pakistan Credit Rating Agency (PACRA) has upheld the Social Impact and Performance Rating of the Rural Community Development Programmes (RCDP) with a score of SIP3++ and a positive outlook. This decision reflects the organization's strong ...

Karachi: The Pakistan Petroleum Dealers Association has rejected the government's proposed margin increase, threatening a nationwide shutdown of fuel pumps if their demands are not met within ten days. The Association, led by Chairman Abdul Samad Khan...

Islamabad: A recent International Monetary Fund (IMF) report has acknowledged Pakistan's progress in stabilizing its economy under the Extended Fund Facility (EFF), while also pointing to ongoing challenges. Following the IMF Executive Board's approva...