Business News

KARACHI: Fauji Fertilizer Company Limited (FFC) and Engro Fertilizers Limited (EFERT) are set to announce quarterly dividends for the third quarter of calendar year 2025, despite facing industry-related headwinds. According to estimates, FFC is expect...

KARACHI: Meezan Bank, Pakistan's first and largest Islamic bank, commemorated the launch of its history book, "Unconventional - The Bank No One Saw Coming," in Karachi. The event was attended by the book's author, business leaders, dignitaries, and se...

Karachi: The State Bank of Pakistan has announced a new floor rate for financial institutions, set at 44,900, effective from October 7, 2025. Two financial institutions will be impacted by this adjustment, according to the bank's latest press release....

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) data, indicating consistent stability in the short-term tenors. The figures, effective as of October 7, 2025, show that the bid and offer rates for the ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) on Tuesday released the latest open market closing exchange rates, revealing slight fluctuations in currency values against the Pakistani Rupee. The United States Dollar was reported at ...

KARACHI: The State Bank of Pakistan has announced the weighted average customer exchange rates for a range of foreign currencies as part of its daily report from the Domestic Markets and Monetary Management Department. The report provides insights ...

Karachi: The KSE-100 index, the benchmark for Pakistan's stock market, experienced a significant decline, closing at 167,752 points, a decrease of 1,238 points from the previous day. Trading volumes also saw a reduction, with 1,274 million shares exch...