Business News

KARACHI: The President of the North Karachi Association of Trade and Industry (NKATI), Faisal Moiz Khan, has expressed his dissatisfaction with the State Bank of Pakistan's decision to maintain the policy interest rate at 11 percent. This decision, he...

Karachi: Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), Salim Valimuhammad, has strongly criticized the State Bank of Pakistan's decision to maintain the interest rate at 11%, calling it a major setback for the business com...

Lahore: The Small and Medium Enterprises Development Authority (SMEDA) has announced the launch of an AI-powered legal and compliance support platform designed for small and medium enterprises (SMEs) across Pakistan. This initiative is a collaboration...

Karachi: DG Khan Cement Ltd (DGKC), Kohat Cement Ltd (KOHC), and Pioneer Cement Ltd (PIOC) have announced their earnings projections for the first quarter of the fiscal year 2026, highlighting varied financial outcomes for the companies. DG Khan Cem...

Karachi: Meta has officially launched its artificial intelligence platform, Meta AI, in Urdu for users in Pakistan. The announcement was made during the "Future in Focus: AI and Innovation" event, held in collaboration with the Ministry of Information...

Karachi: Pakistan International Airlines (PIA) has resumed direct flights to Western markets, a move hailed as a strategic milestone for national trade and a vital precursor to the airline's privatization. Mian Zahid Hussain, President of the Pakistan...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the Al Ameen Islamic Income Fund, emphasizing the Fund's commitment to providing competitive returns through high-quality, Shariah-compliant investments...