Business News

Karachi: Pakistan State Oil (PSO) delivered a stable performance for the first half of the fiscal year 2025, announcing a net profit of PKR 11.2 billion alongside gross sales totaling PKR 1.74 trillion.

According to a statement by Pakistan State Oi...

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Karachi: VIS Credit Rating Company Limited has finalized a short-term rating of 'A1' for the Short-Term Sukuk (STS) issuance of Rs. 1,500 million by Citi Pharma Limited. The rating suggests a strong likelihood of timely repayment of short-term obligat...

The post Citi Pharma Limited’s Short-Term Sukuk Receives ‘A1’ Rating appeared first on Pakistan Business News.

Karachi: In a recent update, the State Bank of Pakistan has released the exchange rates for the mark to market revaluation by authorized dealers in foreign exchange. The announcement outlines the rates for several major currencies, including the U.S. ...

The post Currency Exchange Rates Announced for Mark to Market Revaluation appeared first on Pakistan Business News.

Karachi: The VIS Credit Rating Company Limited has reaffirmed the Development REIT rating of Globe Residency REIT (GRR) at 'RFR2 (dr)', indicating a high likelihood of successful project implementation despite various economic challenges. The outlook ...

The post VIS Reaffirms Globe Residency REIT Rating Amid Economic Challenges appeared first on Pakistan Business News.

Karachi: The State Bank of Pakistan released its latest figures on February 12, 2025, revealing the weighted average customer exchange rates for various currencies. The report indicates slight fluctuations in both buying and selling rates across diffe...

The post Exchange Rates Show Minor Variations Across Currencies appeared first on Pakistan Business News.

Karachi: Gold prices in Pakistan saw a significant decrease on Wednesday, with the cost of gold per tola and per 10 grams both registering declines. The international gold market also experienced a downturn, contributing to the local price adjustments...

The post Gold Prices See Notable Drop Across Pakistan appeared first on Pakistan Business News.

Lahore: Exhibitions play a crucial role in fostering trade, innovation, and economic growth by providing a platform for businesses to present their products, services, and innovations. This was emphasized by Mian Abuzar Shad, President of the Lahore C...

The post Exhibitions Forge New Business Opportunities at ‘Made in Uzbekistan’ Event appeared first on Pakistan Business News.