Business News

Karachi: The Pakistan Credit Rating Agency (PACRA) has maintained the Broker Fiduciary Rating (BFR) of Arif Habib Limited (AHL) at BFR 1 with a stable outlook. This announcement reflects the continued strong sponsorship profile and robust governance s...

Karachi: The Pakistani rupee maintained its stability against major currencies in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP) on December 10, 2025. The exchange rates, as compiled ...

Karachi: Remittances to Pakistan have reached $16.1 billion in the first five months of the fiscal year 2026, marking a 9% increase from the previous year. In November 2025 alone, the country received $3.2 billion in remittances, maintaining the same ...

Karachi: The State Bank of Pakistan disclosed the latest weighted average customer exchange rates on Monday, indicating a range of buying and selling rates for various currencies, pivotal for traders and financial analysts. The newly released rates re...

KARACHI: Ambassador Mohamed Karmoune of Morocco emphasized the need for enhanced trade relations between Morocco and Pakistan, acknowledging the strong political ties but pointing out that economic exchanges remain limited. During his address at the K...

Lahore: EcoPack Limited, a prominent manufacturer of PET bottles and preforms in Pakistan, has had its entity ratings maintained by The Pakistan Credit Rating Agency Limited (PACRA), reflecting the company's improved financial performance, stable mark...

Delhi: Detection Technology, a prominent global provider of X-ray detector solutions, inaugurated a new service and production facility in Greater Delhi, marking a significant milestone in its international expansion strategy. The opening ceremony was...