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Kuala Lumpur: The Bank of Azad Jammu and Kashmir has entered into a strategic partnership with Silver Lake Axes, a leading Malaysian company, to advance its digitalization efforts. The collaboration was formalized through a Memorandum of Understanding...
Read More »PAEL Targets Significant Revenue Boost With Strategic Partnerships
Lahore: Pak Elektron Limited (PAEL) has announced ambitious targets for financial growth, aiming for a gross revenue of approximately Rs95 billion by the calendar year 2025. This represents an expected increase of 36% year-over-year, driven chiefly by...
Read More »Currency Exchange Rates Experience Fluctuations Amid Market Changes
KARACHI: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, indicating fluctuations across various currencies in the interbank market. According to the data, several major currencies have experienced change...
Read More »Adamjee Life Reports Significant Earnings Growth and Strategic Shifts
Karachi: Adamjee Life Assurance Company Ltd (ALIFE) reported a 71% increase in earnings for the calendar year 2024, reaching PkR1.6 billion compared to the previous year's PkR0.9 billion. This rise was mirrored by a jump in earnings per share from PkR...
Read More »Karachi Railways Urged to Alleviate City’s Cargo Strain
KARACHI: Divisional Superintendent of Pakistan Railways, Mehmood ur Rehman Lakho, has emphasized the urgent need to shift Karachi's substantial cargo load from roadways to railways. Addressing a meeting at the Karachi Chamber of Commerce and Industry ...
Read More »Careem Pay Expands Remittance Services to Jordan, Offering Lower Fees and Quick Transfers
Dubai: Careem Pay has launched international money transfers to Jordan, offering a streamlined financial solution for UAE residents looking to support family and friends back home. This new service promises lower fees and faster transactions just in t...
Read More »Pakistan’s Inflation Set for a Steady Decline as Base Effect Fades
Karachi: Pakistan's Consumer Price Index (CPI) is expected to register at 2.7% for May 2025, according to an analysis by JS Global. The fading base effect indicates a return to more stable price trends, with the 11-month average inflation for fiscal y...
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