General Business News

KARACHI: The Pakistan Stock Exchange experienced a decline in key indices on Thursday, with both the KSE30 and KSE100 ending the day in the red. The KSE30 closed at 50,467.16, marking a decrease of 456.01 points, or 0.90 percent, from its previous clo...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating slight changes in various foreign currencies against the local currency. The U.S. dollar was recorded at 281.61 for buying and 282.15 fo...

Islamabad: Mobilink Bank, a prominent digital microfinance bank in Pakistan, has been honored with the title of 'Best Place to Work' in the banking sector at the Best Place to Work Pakistan Awards 2025. The awards are an initiative of the Pakistan Soc...

Dubai: PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), has announced the expansion of its Ba-Ikhtiar initiative at the GITEX Global 2025 event in Dubai. The initiative aims to empower more than 2,300 women in 23 flood-a...

Karachi: United Bank Limited (UBL) announced a significant increase in its third-quarter earnings for 2025, reporting a 93% year-on-year rise to Rs35.4 billion, with earnings per share (EPS) reaching Rs14.1. This performance aligns with market expecta...

Karachi: Engro Fertilizers reported a mixed set of financial results for the third quarter of 2025, revealing a 32% year-on-year decline in earnings per share (EPS) to Rs4.35. The company also declared a cash dividend of Rs4.50 per share, which fell s...

Karachi: The State Bank of Pakistan extended significant liquidity support to financial institutions through its overnight reverse repo facility, according to a recent release by the central bank's Domestic Markets and Monetary Management Department. ...