Islamabad: Pakistan is set to sign a landmark financing agreement worth approximately $1.25 trillion to address its crippling power sector circular debt. The signing ceremony is scheduled for tomorrow, September 24, 2025, at the Prime Minister’s Offic...
Read More »Lucky Investments Hits PKR 100 Billion Aums In Record Time
Islamabad: Lucky Investments Limited has surpassed PKR 100 billion (USD 350 million) in assets under management (AUMs) in less than six months since its April 2025 launch. This accomplishment makes Lucky Investments the only asset management company (...
Read More »Pakistan-Saudi Arabia Sign Mutual Defense Pact, Aiming to Boost Bilateral Trade
Islamabad: Zubair Tufail, President of the United Business Group (UBG) and former President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), lauded Prime Minister Mian Shehbaz Sharif’s visit to Saudi Arabia and the signing of a...
Read More »Pakistan Stock Market Poised For Consolidation; Investors Advised To “Buy The Dip”
Islamabad: The Pakistan Stock Exchange's benchmark KSE-100 index is predicted to consolidate after reaching a peak of 159,338, closing at 158,037, an 84-point increase day-over-day. Trading volume reached 2,048 million shares, surpassing the previous ...
Read More »Karachi Interbank Offered Rate Softens Slightly
Islamabad: Short-term lending rates witnessed a minor dip on September 22, 2025, according to data released by the State Bank of Pakistan. The Karachi Interbank Offered Rate (KIBOR) for one-week loans decreased to 10.82% bid and 11.32% offer, down sli...
Read More »Pakistani Rupee Continues Slide Against Major Currencies
Islamabad: The Pakistani Rupee (PKR) maintained its downward trajectory against major international currencies, according to the Exchange Companies Association of Pakistan (ECAP) closing rates on September 22, 2025. The US dollar continued its ascent,...
Read More »Pakistan Seeks To Balance Trade Deficit With China Amidst Us-China Tensions
Islamabad: Mian Zahid Hussain, a prominent Pakistani business leader, has emphasized the need for Pakistan to leverage its partnership with China to address the persistent trade imbalance between the two nations. Hussain, who holds several key positio...
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