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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 »UBL Reports Strong Profit Growth Amidst Challenging Economic Conditions
Karachi: United Bank Ltd (UBL) has reported a robust financial performance in the first half of the calendar year 2025, with unconsolidated profits soaring to PkR63.8 billion, marking a 2.2-fold increase compared to the same period last year. This gro...
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...
Read More »Pakistan Fertilizers See Remarkable Surge: Urea Sales Soar by 46% in August 2025
Islamabad: Pakistan's fertilizer industry witnessed a significant upturn in August 2025, with urea sales surging by an impressive 46% year-on-year and 34% month-on-month. The sales volume reached an estimated 816,000 tons, driven primarily by sustaine...
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