Karachi: Meezan Bank, Pakistan's leading Islamic financial institution, has announced the launch of the Visa Global eSIM for its Visa Infinite Debit Cardholders, marking a significant milestone in digital innovation. This move positions Meezan Bank as...
Read More »UBG Criticizes Pakistan’s Decision to Maintain 11% Policy Rate
Karachi: The United Business Group (UBG) has expressed strong disapproval of the State Bank of Pakistan's recent decision to keep the interest rate steady at 11%. According to UBG President Zubair Tufail, the Monetary Policy Committee's decision has d...
Read More »Pak-Qatar Family Takaful Sets New Standard with ‘AA’ Rating
Karachi: In a significant development for Pakistan's Islamic finance sector, Pak-Qatar Family Takaful Limited (PQFTL) has achieved a milestone by becoming the first dedicated Family Takaful operator in the country to receive an 'AA' Insurer Financial ...
Read More »Tax Reforms Lag as Poverty and Unemployment Rise, Warns Business Leader
Karachi: The pace of tax reforms in Pakistan remains sluggish and unsatisfactory, according to Mian Zahid Hussain, a prominent figure in the business community. Hussain, who holds multiple leadership roles, emphasized that the country's economic polic...
Read More »Earnings Under Pressure for Pakistan Banks Amid Yield Decline
Karachi: Banks in Pakistan are expected to report a year-over-year decline in core income for the second quarter of the calendar year 2025, according to a financial preview provided by JS Global. The contraction is attributed to narrowing net interest...
Read More »Currency Exchange Rates See Slight Fluctuations in Market
Karachi: The Exchange Companies Association of Pakistan has released new foreign currency exchange rates, indicating minor fluctuations across various currencies. The rates, dated July 30, 2025, show changes in buying and selling prices for key foreig...
Read More »TPL Properties Breaks Ground on First Sustainable Creekside Development in Karachi
Karachi: TPL Properties has initiated construction on Lagoon Views 1, the first residential tower of The Mangrove, Karachi's pioneering mixed-use sustainable development located at Cantonment Board Korangi Creek. The groundbreaking ceremony, held on J...
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