Islamabad: The long-anticipated acquisition of Telenor by Pakistan Telecommunication Company (PTC) has received the green light from the Competition Commission of Pakistan (CCP), marking a significant development in the telecommunications sector. The ...
Read More »Hand-Knotted Carpet Exhibition in Lahore Boosts Pakistan’s Export Prospects
Lahore: The three-day international exhibition of hand-knotted carpets in Lahore concluded with notable success, signaling a promising boost for the carpet industry and Pakistan's economy. Agreements inked with foreign buyers at the event are anticipa...
Read More »Habib Construction Services Limited Maintains Stable Ratings Amid Growth and Challenges
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Habib Construction Services Limited (HCS), citing the company's strong brand reputation and successful completion of numerous projects. HCS, a key player i...
Read More »KIBOR Rates Steady as Financial Market Observes Stability
Karachi: The State Bank of Pakistan released data indicating minimal fluctuations in the Karachi Interbank Offered Rates (KIBOR) across various tenors. The rates, published on October 9, 2025, suggest relative stability in the financial market. The ...
Read More »Mobilink Bank Gains Recognition at AMC-9 for Digital and Financial Initiatives
Karachi: Mobilink Bank, a prominent digital microfinance institution in Pakistan, has received four awards at the 9th Annual Microfinance Conference (AMC-9), highlighting its efforts in digital innovation and financial inclusion. The event, themed "...
Read More »Exchange Rates Show Subtle Fluctuations Across Major Currencies
Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, revealing minor fluctuations in the buying and selling rates for major global currencies. The data, current as of October 9, 2025, offers insights into t...
Read More »Currency Exchange Rates Fluctuate Amid Economic Uncertainty
Karachi: Currency exchange rates experienced fluctuations on October 9, 2025, as reported by the Exchange Companies Association of Pakistan. The movements come amid ongoing economic uncertainty. The US dollar saw a buying rate of 281.71 and a sellin...
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