Lahore: Pakistan's economy is seeing a phase of consistent improvement, according to Federal Minister for Commerce Jam Kamal Khan. Speaking at the Lahore Chamber of Commerce and Industry, Khan attributed this progress to recent structural reforms and ...
Read More »Meezan Bank Reports Lower Profits But Maintains Dividend Payout
Karachi: Meezan Bank Limited (MEBL) announced its financial results for the first quarter of the calendar year 2025, revealing a profit of PkR22 billion, equivalent to earnings per share of PkR12.3. This marks a decline of 12% compared to the same per...
Read More »Exchange Rates Show Slight Fluctuations Across Major Currencies
Karachi: The State Bank of Pakistan released its latest data on exchange rates, revealing slight shifts in the buying and selling rates of major currencies. According to the Domestic Markets and Monetary Management Department, the rates reflect the we...
Read More »Exchange Rates for Market Revaluation See Slight Increases Across Multiple Currencies
Karachi: The State Bank of Pakistan has released updated exchange rates for the mark-to-market revaluation by authorized dealers in foreign exchange, showing minor increases across a range of currencies. The US dollar is now at 280.8688 for the read...
Read More »Dollar Climbs as Pakistani Rupee Faces Pressure in Open Market
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for April 21, 2025, highlighting a continued upward trend in foreign currencies against the Pakistani rupee in the open market. The United States dollar...
Read More »SITE Industries Face Crisis as Water Shortage Halts Production, Exports at Risk
KARACHI: A severe water shortage in the SITE Industrial area of Karachi has forced factories to halt operations, threatening the country's export capabilities and economic standing. Key industry leaders, including Zubair Motiwala, Ahmed Azeem Alvi, an...
Read More »Oil and Gas Development Company Reschedules Board Meeting Amid Closed Period
ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) announced the rescheduling of its upcoming Board of Directors meeting. Initially set for April 28, 2025, the meeting will now take place on April 29, 2025, at 1700 hours. The agenda includ...
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