Business News

Lahore: Service Industries Limited (SRVI) and its subsidiary, Service Global Footwear (SGF), have announced a significant financial upturn, reporting a doubling of earnings for the first nine months of the calendar year 2025. The announcement came dur...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the AKD Islamic Daily Dividend Fund, reflecting the fund's low-risk profile and commitment to Shariah-compliant investment strategies. The fund is design...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced that it is maintaining the entity ratings of Swat Agro Chemicals, underscoring the company's enduring presence in the pesticide industry and its diverse product offerings. The com...

Karachi: Bank Al Habib Limited (BAHL) announced a decline in profits during its recent analyst briefing, revealing a 23 percent year-on-year decrease in net income for the first nine months of 2025. The bank reported a profit of PKR 25.4 billion, with...

Karachi: Bank Al Habib (BAHL) held a Corporate Briefing Session to discuss its financial performance for the first nine months of 2025 and outline future strategies. While the bank reported a significant increase in deposits, its market share saw a sl...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for November 19, 2025, indicating stability across major foreign currencies. According to the data released, the US dollar was bought at 281.32 PKR and ...

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), revealing a steady trend across various tenors as the country faces ongoing economic challenges. The rates, which serve as a benchmark for lending in ...