Business News

Karachi: The latest figures released by the State Bank of Pakistan indicate a stable trend in the Karachi Interbank Offered Rate (KIBOR), with minor fluctuations observed across different tenors. The rates, which serve as a benchmark for lending betwe...

Karachi: The State Bank of Pakistan has disclosed its most recent financial figures, revealing the ceiling and floor amounts for specific institutions as of April 10, 2025. According to the data, the ceiling amount stands at 15,700 with three insti...

Karachi: Currency rates in Pakistan showed slight fluctuations between April 9 and April 10, as reported by the Exchange Companies Association of Pakistan. The exchange rates for major currencies such as the US Dollar, Euro, and British Pound exhibite...

Karachi: VIS Credit Rating Company Limited has commenced a review of Fortune Securities Limited. The initiation of this review indicates that a rating evaluation process is underway, and VIS will announce a rating action once Fortune Securities has su...

Lahore: Packages Real Estate (Pvt.) Limited (PREL), the real estate division of the prominent Packages Group, has received its initial entity ratings from the Pakistan Credit Rating Agency Limited (PACRA). With the strategic location of its flagship p...

Karachi: VIS Credit Rating Company Limited has commenced a review of Muhammad Munir Muhammad Ahmad Khanani Securities Limited, according to a press release issued on April 10, 2025. This review marks the beginning of a rating assessment process for th...

Karachi: Lucky Investments Limited has made history by executing Pakistan's largest-ever mutual fund launch, raising over PKR 50 billion during the Initial Public Offering of its Lucky Islamic Money Market Fund. This unprecedented achievement surpasse...