Business News

Karachi: The State Bank of Pakistan has released new financial data reflecting the ceilings and floors for institutional transactions as of August 29, 2025. The data shows a ceiling amount of 2,000 with one institution involved, while the floor amount...

Karachi: The Karachi Interbank Offered Rate (KIBOR) remained stable across various tenors, reflecting a steady economic environment despite ongoing uncertainties. The State Bank of Pakistan released the latest rates, which showed minimal fluctuations ...

Karachi: The State Bank of Pakistan has published the latest weighted average customer exchange rates for various currencies, providing crucial data for financial analysts and businesses engaged in international trade. The rates, issued by the Domesti...

Karachi: D.G. Khan Cement Company Ltd. (DGKC) has reported a significant turnaround in its financial performance for the fourth quarter of the fiscal year 2025, achieving earnings of PkR3.2 billion (EPS: PkR7.2). This marks a substantial recovery from...

Karachi: Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum and Chairman of the National Business Group Pakistan, has hailed a new U.S. reciprocal tariff framework as a major opportunity for Pakistan's export sector but ...

Karachi: Engro Holdings (ENGROH) announced a significant increase in its second quarter of 2025 financial results, with earnings per share (EPS) reaching Rs28.0, a 17.4-fold increase year-over-year. The profit attributable to equity owners was Rs33.7 ...

Islamabad: Fatima Fertilizer Company Limited has entered into a strategic partnership with SEED Ventures and King's Trust International to promote youth entrepreneurship in Pakistan through the Enterprise Challenge Pakistan (ECP) program. The partners...