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 »Behbood Certificate Tax Creates Confusion For Small Businesses
Islamabad: The Union of Small and Medium Enterprises (UNISAME) is demanding immediate clarification from the Federal Board of Revenue (FBR) regarding the taxation of income derived from Behbood Savings Certificates (BSC) for the 2024-25 tax year. UN...
Read More »Pakistan Prepares For Carpet Exhibition Amidst Indian Competition
Islamabad: Lahore is gearing up to host the 41st International Carpet Exhibition from October 7-9, 2025, amidst competition from a similar event announced by India. Preparations for the showcase of hand-knotted carpets, organized jointly by the Pakis...
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