Business News

Islamabad: PTCL Group, a major player in Pakistan's telecom sector, has joined forces with Mercantile, the official Apple distributor in the country, to unveil exclusive iPhone 16 offers. This partnership aims to provide customers with extended warran...

Karachi: The State Bank of Pakistan has established a new monetary floor for institutional transactions, according to a recent press release. The announcement outlines a floor amounting to 67,000 for a single institution, which will take effect on May...

Karachi: The State Bank of Pakistan released its latest Karachi Interbank Offered Rate (KIBOR) figures, showing a steady trend in short-term lending rates as of May 26, 2025. The data indicates minimal fluctuations in the bid and offer rates over diff...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for major currencies in the open market as of May 26, 2025, indicating a stable trend in currency values. The U.S. dollar was listed at 283.01 for buyin...

Lahore: In a concerted effort to enhance the export of handmade carpets, invitations have been extended to international buyers for the 41st International Handmade Carpet Exhibition, set to take place this October. The event aims to draw global attent...

Lahore: In a concerted effort to enhance the export of handmade carpets, invitations have been extended to international buyers for the 41st International Handmade Carpet Exhibition, set to take place this October. The event aims to draw global attent...

Islamabad: The National Electric Power Regulatory Authority (NEPRA) has issued its determination on K-Electric's (KE) transmission and distribution network tariff petitions for the seven-year control period from fiscal year 2024 to 2030. This decision...