Business

Karachi: JS Investments Limited, in collaboration with Gohar Group of Companies, has announced the launch of Pakistan's first Shariah-compliant hotel real estate investment trust (REIT) in Hyderabad, Sindh. The JS Hotel REIT (JSHR) is a hybrid model f...

Karachi: The State Bank of Pakistan (SBP) announced adjustments in its overnight repo and reverse repo facilities on May 21, 2025, according to a recent press release from the central bank. The SBP reported activity involving one institution for each ...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating stability in the financial market. The rates, reflecting transactions from May 21, 2025, were disseminated through their official communica...

Karachi: The cement sector in Pakistan experienced a substantial increase in earnings during the third quarter of fiscal year 2025, according to a recent analysis of eight key companies. Earnings surged by 2.3 times year-on-year, primarily driven by a...

Karachi: The Pakistan Credit Rating Agency (PACRA) has upheld the debt instrument rating of Samba Bank Limited, supported by its parent company, Saudi National Bank, the largest commercial bank in Saudi Arabia. Despite a decline in profit after tax an...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported minor changes in the open market exchange rates on May 21, 2025. The State Bank of Pakistan released these figures, indicating a modest shift in the buying and selling prices of m...

Karachi: The State Bank of Pakistan has released the latest figures for the weighted average customer exchange rates. The data provides insights into the buying and selling rates for various international currencies as of the latest update. The exc...