Business News

Karachi: Meezan Bank, Pakistan's leading Islamic financial institution, has introduced a new Foreign Currency (FCY) Debit Card tailored for the country's freelancers and exporters. The card is designed for those maintaining an Exporters' Special Forei...

The post Meezan Bank Launches Global Payment Solution for Freelancers and Exporters appeared first on Pakistan Business News.

Karachi: Mari Energies Ltd (MARI) has reported a significant decline in its second-quarter fiscal year 2025 earnings, with Profit After Tax (PAT) falling to PkR11.2 billion, marking a 39% year-over-year decrease. The downturn has been attributed to in...

The post Mari Energies Faces Earnings Decline Amid Rising Costs appeared first on Pakistan Business News.

KARACHI: AL Habib Capital Markets (Pvt.) Limited, a key player in Pakistan's brokerage industry, has received initial long-term and short-term ratings of 'A' and 'A1', respectively, with a stable outlook, from the Pakistan Credit Rating Agency Limited...

The post AL Habib Capital Markets Receives Initial Ratings Highlighting Robust Performance appeared first on Pakistan Business News.

Karachi: The currency exchange rates for major global currencies, including the U.S. dollar, Euro, British pound, Japanese yen, and others, have experienced slight fluctuations over recent days, according to the latest data.

According to a statement...

The post Currency Exchange Rates Experience Slight Fluctuations Across Major Currencies appeared first on Pakistan Business News.

Sialkot: The President of the Sialkot Chamber of Commerce and Industry (SCCI), Mr. Ikram ul Haq, has underscored the urgent need to rejuvenate Pakistan's construction industry, a critical sector intertwined with 72 other industries, forming a substant...

The post Sialkot Chamber Calls for Urgent Reforms in Pakistan’s Construction Sector appeared first on Pakistan Business News.

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced the maintenance of entity ratings for Latif Textile Mills (Pvt.) Ltd. The long-term rating of BBB- and short-term rating of A2 remain unchanged, with a stable outlook.

According...

The post PACRA Maintains Ratings for Latif Textile Mills appeared first on Pakistan Business News.

Karachi: In a recent announcement, VIS Credit Rating Company Limited has reaffirmed the entity ratings of Pak Telecom Mobile Limited at 'AA-/A1', maintaining a stable outlook. The ratings reflect the company's strong credit quality and the likelihood ...

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