Business News

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, revealing a marginal uptick in rates across various tenors. The adjustments reflect market expectations and liquidity conditions within the ban...

KARACHI: The Ambassador of Algeria, Brahim Romani, has extended an invitation to Karachi’s business community to explore investment opportunities in Algeria, highlighting the country's incentives for new investors. Speaking at the S.I.T.E. Association...

Lahore: The Small and Medium Enterprises Development Authority (SMEDA) and the Pakistan Bureau of Statistics (PBS) are set to sign a Memorandum of Understanding (MoU) focused on evidence-based policy formulation, data sharing, and strategic collaborat...

Karachi: BankIslami has announced significant enhancements to its digital Islamic banking platform, 'aik', emphasizing its dedication to promoting Shariah-compliant banking in Pakistan. The upgraded platform now offers a more intuitive and seamless us...

Karachi: Wafi Energy Pakistan Limited hosted the 12th Tameer Awards 2025, celebrating young Pakistani entrepreneurs. The event underscored the company's commitment to fostering innovation and recognizing efforts driving positive change in the country....

Karachi: The State Bank of Pakistan reported that on November 6, 2025, financial institutions accessed its Overnight Repo Facility amounting to Rs. 65,800 million. No institutions utilized the Overnight Reverse Repo Facility on the same day. The ann...

Islamabad: The State Bank of Pakistan released the latest weighted average customer exchange rates, indicating slight fluctuations across major currencies in the country. According to the central bank's Domestic Markets and Monetary Management Departm...