Business

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) data on Thursday, revealing a subtle shift in the country's financial landscape. The KIBOR rates, which serve as a benchmark for lending between banks, show...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates in the open market on April 17, 2025, showing fluctuations in the buying and selling prices of major currencies against the Pakistani Rupee. The US do...

Karachi: The State Bank of Pakistan (SBP) has released the latest data on its overnight repo and reverse repo facilities. The figures reveal that on April 17, 2025, two institutions accessed the SBP's overnight repo facility, drawing a total amount of...

Karachi: The AKD Cement Universe is expected to witness a significant earnings increase of 28% year-over-year in the third quarter of the fiscal year 2025, according to a recent projection. This growth is attributed to higher retention prices and redu...

Karachi: Bank Alfalah Limited (BAFL) disclosed its financial outcomes for the first quarter of the calendar year 2025, revealing a mixed performance with a notable cash payout. The bank reported a profit of PkR7.0 billion, translating to earnings per ...

Karachi: Bank Alfalah Limited (BAFL) disclosed its financial outcomes for the first quarter of the calendar year 2025, revealing a mixed performance with a notable cash payout. The bank reported a profit of PkR7.0 billion, translating to earnings per ...

Karachi: Recent earnings estimates for leading Pakistani fertilizer companies, Fauji Fertilizer Company Limited (FFC) and Engro Fertilizers Limited (EFERT), suggest a challenging first quarter due to a significant decline in sales. Analysts expect a 4...