Business

Karachi: Pakistan's foreign exchange market is experiencing unprecedented fluctuations, with the U.S. Dollar and Euro rates reaching new heights. According to the Exchange Companies Association of Pakistan, the USD closed at 282.35, while the Euro sur...

Karachi: In a move likely to increase the financial burden on citizens, the government has raised petrol and diesel prices by Rs4 amid ongoing economic challenges exacerbated by recent devastating floods. These natural disasters have inflicted losses ...

Karachi: The Pakistan cement industry is currently experiencing a significant shift in its valuation metrics, sparking interest among investors and analysts alike. With an enterprise value (EV) per ton standing at US$55.6, the sector presents an intri...

Islamabad: The cement industry in Pakistan has achieved unprecedented profitability as the financial year 2025 closed, buoyed by strong margins and decreased financial burdens. This remarkable performance is underscored by a 7% year-on-year growth in ...

Karachi: The currency market in Pakistan witnessed a notable surge as the US Dollar soared to unprecedented levels in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP). As of Septembe...

Karachi: In a recent announcement, The Pakistan Credit Rating Agency Limited (PACRA) upheld the stability rating of the ABL Islamic Sovereign Fund (ABL ISF), noting the fund's continued adherence to its medium-risk strategy. Despite its strong perform...

Karachi: Pakistan's prominent digital microfinance entity, Mobilink Bank, has teamed up with TPL Life, a digital insurance company, to provide vital healthcare services to communities devastated by floods in Punjab. This partnership has led to the est...