Business News

Karachi: Nokia announced that Cybernet, a leading fiber broadband provider in Pakistan, will implement Nokia's state-of-the-art optical transport solution to establish a new long-haul Optical Fiber Cable (OFC) network. This network, capable of deliver...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating minor changes in the values of several major currencies against the Pakistani Rupee. According to the data provided, the US Dollar is bei...

Lahore: EcoStar, part of Pakistan's leading business conglomerate DWP Group, has announced the launch of its new Prince Series air conditioners, setting a new benchmark in the local market with genuine T3 technology. This launch aims to clarify miscon...

Lahore: In a recent analysis, Zafar Iqbal, Vice President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), asserted that the long-standing dominance of the U.S. dollar in global trade is facing a significant challenge. This shift...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) on May 7, 2025, indicating relative stability in short-term borrowing costs, with minor fluctuations observed in longer tenors. The published rates refle...

Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, shedding light on the buying and selling trends of various currencies against the Pakistani Rupee. The rates provide insights into the current economic l...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates, presenting the latest figures for currency trading. The data, sourced from the State Bank of Pakistan, showed slight fluctuations in the bu...