Business

Karachi: The State Bank of Pakistan (SBP) decided to maintain the policy rate at 11%, defying widespread market expectations for a cut. The Monetary Policy Committee (MPC) emphasized that the decision was critical to address the challenges posed by ri...

Karachi: Saudi Arabia's AlFursan Loyalty Program is gaining substantial traction among travelers, particularly those flying from Saudi Arabia. The program recently announced a new payment option called "Cash + Miles," allowing passengers to pay for a ...

Karachi: Security Papers Limited (SPL) has announced its financial results for the fiscal year ending June 30, 2025, showcasing significant growth and profitability. The company reported a profit before tax of PKR 2,414 million, highlighting its stron...

Islamabad: The Board of Directors of Bank Alfalah Limited approved the bank's financial results for the half year ending June 30, 2025, announcing a profit after tax of PKR 15.27 billion. This equates to an earnings per share of PKR 9.68, a decrease f...

Karachi: Pakistan has finalized a significant trade agreement with the United States aimed at enhancing bilateral trade, expanding market access, and attracting foreign investment. The agreement, announced by AKD Securities Limited, is expected to fos...

Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has expressed concern over the State Bank of Pakistan's decision to maintain the interest rate at 11%, stating that it contradicts Prime Minister Mian...

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) expressed dissatisfaction with the State Bank of Pakistan's decision to maintain the current policy rate, a move seen as misaligned with the country's economic needs. Ati...