Business

Karachi: The State Bank of Pakistan disclosed its latest weighted average customer exchange rates, providing insights into the buying and selling rates of major currencies as of June 13, 2025. The data revealed nuanced fluctuations in the foreign exch...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, showing consistent stability across multiple tenors. The data outlines both the bid and offer rates, providing transparency and insight into the cu...

Lahore: The Pakistan Credit Rating Agency Limited has maintained the ratings of Ghani Chemical Industries Limited, reflecting its robust business profile and strategic expansion efforts. The company holds a notable market share in the manufacturing an...

KARACHI: Oil and Gas Development Company Ltd (OGDC) has announced a new discovery of oil and gas at its exploratory well Fakir-1, situated in the Bitrism E.L., Khairpur, Sindh. The company, holding a 95% working interest in the project, has reported s...

Islamabad: Oil and Gas Development Company Limited (OGDCL) has announced a major oil and gas discovery at the Faakir-1 well in Khairpur, Sindh. The discovery is part of the company's exploration efforts within the Bitrisim Exploration License area and...

Karachi: The Exchange Companies Association of Pakistan released updated currency exchange rates, revealing slight fluctuations in the value of various international currencies against the Pakistani Rupee. The rates, which reflect the buying and selli...

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), represented by its President Atif Ikram Sheikh, has called for the removal of stringent taxation measures from the Finance Bill 2025-26. Sheikh emphasized the need for a fi...