Karachi: Engro Fertilizers and Bank Alfalah Limited have announced a strategic partnership to launch a PKR 250 million financing initiative aimed at empowering farmers across Pakistan. The collaboration will offer loans of up to PKR 1 million to farme...
Read More »Pakistani Rupee Exchange Rates Show Stability in Open Market
Karachi: In the latest report from the Exchange Companies Association of Pakistan, the open market closing exchange rates as of July 24, 2025, indicate stability in the currency market. The US dollar was bought at 286.25 and sold at 287.60 against ...
Read More »Pakistan Faces Potential Policy Rate Change as Inflation Trends Normalize
Karachi: Pakistan's Consumer Price Index (CPI) for July 2025 is anticipated to register at 2.8%, according to a recent analysis by JS Global. This figure marks a transition towards more normalized price trends as the base effect diminishes. Food inf...
Read More »Pakistan’s Power Sector Faces Earnings Decline Amid EV Transition
Karachi: Pakistan's power sector is bracing for a significant downturn, with earnings for key companies expected to fall sharply. AKD Securities Limited anticipates a 46% year-on-year decline in earnings for the AKD power universe during the fourth qu...
Read More »OICCI Survey 2025 Shows Security Gains in Major Pakistani Cities but Highlights Regional Challenges
Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its Annual Security Survey 2025, showing a marked improvement in security across Pakistan's major business hubs, including Karachi, Lahore, and Islamabad. The survey...
Read More »Honda Atlas Reports Strong Sales Growth Despite Pressured Margins
Lahore: Honda Atlas Cars Pakistan Limited has reported a notable increase in its first-quarter earnings for the fiscal year 2026, attributing the rise to increased sales volumes and improved cost efficiencies. The company's profit after tax reached Pk...
Read More »Currency Exchange Rates Show Slight Variations Across Major Currencies
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, revealing minor fluctuations across various major currencies. The U.S. dollar's buying and selling rates were reported at 286.25 and 287.60, respec...
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