Business

Karachi: The Exchange Companies Association of Pakistan reported the closing exchange rates for major currencies, reflecting a period of stability amid ongoing economic pressures. According to the State Bank of Pakistan, the US dollar was bought at 28...

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...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of MCB Islamic Bank Limited, affirming its strategic advancements in the Islamic banking sector. As a subsidiary of MCB Bank Limited, the bank has focused on ...

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...