Business News

Islamabad: Bank Alfalah Islamic has secured two prestigious awards at the 2025 Global Islamic Finance Awards (GIFA), recognizing its position as a leading force in the Islamic finance sector. The bank's Islamic banking division won "Best Bank for Isla...

Islamabad: IPAK Group announced a remarkable turnaround, reporting a 12-fold surge in earnings per share (EPS) to Rs1.72 for the fiscal year 2025, compared to Rs0.14 in the previous year. This impressive growth was driven by improved operational effic...

Karachi: BankIslami and MG Motors Pakistan have partnered to offer the lowest Shariah-compliant auto financing rates in the Pakistani market, starting at 4.99% (equivalent to a 1-year rate of 1.49%). This groundbreaking collaboration promises to resha...

Islamabad: Pakistan's consumer price index (CPI) is projected to surge to 6.5-7.0% year-over-year in September 2025, a sharp increase from 3.0% in August 2025 and marking the highest level in eleven months. This alarming rise is primarily attributed t...

Islamabad: Pakistan's large-scale manufacturing (LSM) sector experienced a significant boost in July 2025, registering a year-on-year growth of 9%, marking the fourth consecutive month of expansion. This positive trend follows five months of decline, ...

Islamabad: The Pakistan Stock Exchange's benchmark KSE-100 index surged nearly 800 points to close at 156,181, approaching its all-time high. Trading volume increased significantly to 1.35 billion shares compared to the previous day's 858 million. M...

Islamabad: Major global currencies experienced shifts against the Pakistani Rupee (PKR) on September 17, 2025, according to data released by the Exchange Companies Association of Pakistan. The US dollar saw a trading range between PKR 282.01 and PKR 2...