Business

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...

Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...

Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown significant fluctuations across various tenors, indicating a wave of economic uncertainty. As per the data released by the State Bank of Pakistan on September 30, 2025, the rates have exper...

Islamabad: In a noteworthy development, the Pakistan Credit Rating Agency (PACRA) has decided to maintain the Insurer Financial Strength (IFS) rating of The United Insurance Company of Pakistan Limited at an impressive AA+. This decision comes on the ...

Karachi: In an unprecedented move, Saudi Arabia's national airline, Saudia, has rolled out Apple’s Share Item Location feature to aid passengers, especially those from Pakistan, in tracking and recovering misplaced or delayed baggage. This innovative ...

Karachi: Nishat Mills Ltd. (NML) has released its financial outcomes for the fourth quarter of fiscal year 2025, showcasing a mixed bag of profit growth and unforeseen fiscal burdens. The textile conglomerate reported standalone earnings of PKR1.2 bil...