Business

Karachi: The State Bank of Pakistan released the latest figures for the weighted average customer exchange rates, showing significant fluctuations in currency values as of June 24, 2025. The report highlights the buying and selling rates for major ...

Karachi: Meezan Bank, in partnership with the IBA Centre for Excellence in Islamic Finance (CEIF), has successfully concluded the second cohort of its initiative, 'Meezan Justuju - A Quest for Islamic Finance Leaders!' This educational program aims to...

Lahore: As China's appetite for sesame seeds grows, Pakistan is set to become a crucial supplier of this agricultural commodity, according to the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). During a think tank session at the PCJCCI...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the rating of Gas and Oil Pakistan Limited (GO) following a strategic partnership with Aramco, which has acquired approximately a 40% stake in the company. This partnership is anti...

KARACHI: The Benazir Income Support Program (BISP) has proposed a partnership with the Karachi Chamber of Commerce and Industry (KCCI) to empower low-income families through skill development. The collaboration, under the Benazir Hunarmand Program, ai...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of MCB Bank Limited, highlighting its expanding deposit base, strengthening core earnings, and growing market presence. The ratings underscore the Bank's impro...

KARACHI: Arab Light crude experienced significant price increases, rising over 21.3% in June 2025 and 11% since mid-June, amid escalating geopolitical tensions in the Middle East. The key factor is the Strait of Hormuz, an essential oil chokepoint tha...