Business News

Karachi: The Exchange Companies Association of Pakistan reported slight variations in currency rates, with the US dollar, euro, and British pound experiencing marginal changes. According to the association, the US dollar was traded at buying and selli...

NEW YORK: Visa, a global leader in digital payments, has announced a new campaign offering exclusive travel benefits to cardholders. The initiative, valid from May 1, 2025, through April 30, 2026, aims to enhance the travel experience by providing acc...

Karachi: The Karachi Stock Exchange witnessed a surge in activity as the KSE100 index reached a record high on Tuesday, closing at 152,665.72 points. This marks a 0.30% increase from the previous day's close, with a significant year-to-date climb of 3...

Karachi: The stock market experienced a modest uptick on Thursday, with the KSE30 and KSE100 indices posting gains over the previous trading session. The KSE30 index rose by 145.67 points, reaching 46,499.67, while the KSE100 index increased by 463.85...

Karachi: In a bid to modernize customs operations and enhance trade efficiency, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed strong support for the Faceless Customs Assessment (FCA) system. The initiative aims to ...

Karachi: United Bank Limited (UBL) recently held a corporate briefing, revealing significant financial growth and strategic initiatives. The bank announced a remarkable 103% increase in profit after tax, reaching Rs28.6 billion, and declared an EPS of...

Karachi: A remarkable upswing has been observed in the urea market with August 2025 witnessing a record-breaking surge in sales, marking the highest figures for the month in eight years. Provisional data indicates that the urea off-take for August is ...