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Karachi: The State Bank of Pakistan has announced an update to the currency floor for September, setting the amount at 40,000 with one institution involved. The announcement comes as part of the central bank's regular updates on currency operations ...
Read More »Currency Rates Steady as Pakistan’s Exchange Market Closes
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for September 3, 2025, reflecting stable currency valuations in the country's exchange market. The US dollar closed at a buying rate of 28...
Read More »Karachi: United Bank Limited (UBL) has demonstrated significant growth and performance, as revealed in a recent corporate briefing hosted by Topline Securities, with Mr. Muhammad Jawaid Iqbal, President of UBL, presenting the details. Over the past two years, UBL witnessed a remarkable 98% increase in deposit growth, substantially outpacing the industry average of 40%. Current deposits soared by 114%, further emphasizing the bank’s robust financial health.
UBL's revenue and pretax profit have seen remarkable increases, with 131% and 185% growth, respectively, marking the highest among the top 20 listed companies on the exchange over the last two years. The bank's stock performance has been impressive, y...
Read More »Stock Market Surge: KSE100 Hits Record High Amid Global Market Fluctuations
Karachi: In a remarkable turn of events, the Pakistan Stock Exchange's KSE100 index soared to an unprecedented level of 152,201.88, marking a dramatic day in the nation's financial landscape. This historic peak represents a significant gain of 1,226.4...
Read More »Pakistan’s Oil Marketing Companies Experience 7% Surge in Sales Amid Economic Recovery
Islamabad: Pakistan's Oil Marketing Companies (OMCs) have reported a notable 7% year-on-year increase in sales for August 2025, reaching 1.3 million tons. This growth, complemented by a 6% rise compared to the previous month, signals a gradual economi...
Read More »The plot twist: How my Infinix HOT 60 Pro got smarter over time
Lahore: When I picked up the Infinix HOT 60 Pro, I was focused on design, screen, and performance. What I didn’t expect was the biggest surprise of all—5 years of updates. That completely changed the way I see my phone. I’ve never been the type to c...
Read More »Arif Habib Limited Joins CDC’s RAAST Aggregator for Real-Time Fund Transfers
Karachi: The Central Depository Company of Pakistan (CDC) has onboarded Arif Habib Limited to its RAAST Aggregator Platform, marking a significant advancement in enabling secure, instant fund transfers for investors. This strategic integration, suppor...
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