Business News

Islamabad: PTCL Group and GSMA have entered into a long-term Memorandum of Understanding at GITEX Global 2025 to advance application programming interfaces (APIs) through the GSMA Open Gateway initiative. This collaboration aims to facilitate seamless...

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), revealing minor fluctuations across various tenors as of October 29, 2025. The data, sourced from Refinitiv, provides insights into the country's lend...

Islamabad: PTCL Group and GSMA have entered into a long-term Memorandum of Understanding at GITEX Global 2025 to advance application programming interfaces (APIs) through the GSMA Open Gateway initiative. This collaboration aims to facilitate seamless...

Karachi: Askari Bank Limited (AKBL) has reported a significant rise in its net profit after tax (NPAT) for the third quarter of the calendar year 2025, reaching PkR7.5 billion, equivalent to an earnings per share (EPS) of PkR5.1. This marks a 24% incr...

Karachi: The stock market faced a downturn as key indices, KSE30 and KSE100, registered significant declines on Wednesday. The KSE30 fell by 524.48 points to close at 48,334.92, while the KSE100 decreased by 1,635.97 points, ending the day at 158,465....

Karachi: In a significant financial turnaround, Mughal Iron and Steel Industries Ltd. (MUGHAL) is expected to report a substantial increase in earnings for the first quarter of fiscal year 2026, according to a preview by JS Global. The company is anti...

Lahore: Nishat Chunian Ltd. (NCL) has reported a significant increase in its financial performance for the first quarter of fiscal year 2026. The company announced earnings of PkR522 million, with earnings per share (EPS) of PkR2.18, a substantial ris...