Business

Islamabad: Mobilink Bank, a prominent digital microfinance institution in Pakistan, has announced a strategic partnership with fintech company NymCard and technology consultancy Dellson Associates aimed at advancing digital financial services and cros...

The post Mobilink Bank Partners with NymCard and Dellson Associates to Enhance Digital Financial Services appeared first on Pakistan Business News.

Karachi: Recent currency exchange rates have shown stability despite ongoing economic uncertainty, as revealed in a press release from the Exchange Companies Association of Pakistan. The rates, which were released on February 20, 2025, indicate minor ...

The post Currency Exchange Rates Show Stability Amid Economic Uncertainty appeared first on Pakistan Business News.

Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates for a range of currencies, reflecting current market conditions. The rates, effective February 17, 2025, indicate the buying and selling prices for cu...

The post State Bank of Pakistan Releases New Exchange Rates for Major Currencies appeared first on Pakistan Business News.

Karachi: Fertilizer sales in Pakistan experienced significant declines in January 2024, primarily due to advance procurement by farmers in the previous month. Urea sales fell 27% year-on-year to 446,000 tons, marking a considerable drop attributed to ...

The post Pakistan Fertilizer Sales Witness Notable Declines Amid Advance Purchases appeared first on Pakistan Business News.

Karachi: A high-level delegation from the World Bank Group has arrived in Pakistan, marking its first visit in two decades, to explore potential economic development projects and investment opportunities. Aman Pracha, Vice President of the Federation ...

The post World Bank Delegation Visit Sparks Optimism for Pakistan’s Economic Future appeared first on Pakistan Business News.

ISLAMABAD: Pakistan is poised to receive up to $40 billion in financing from the World Bank over the next 10 years under a new Country Partnership Framework (CPF). This initiative aims to foster sustainable economic growth and development through long...

The post Pakistan Secures $40 Billion in World Bank Financing for Long-Term Development appeared first on Pakistan Business News.

Karachi: Engro Polymer and Chemicals (EPCL), a subsidiary of Engro Corporation, has launched a Rs 11.7 billion hydrogen peroxide plant, marking a significant milestone in its investment efforts to bolster Pakistan's economic growth. The project, suppo...

The post Engro Polymer and Chemicals Unveils Rs 11.7 Billion Hydrogen Peroxide Plant appeared first on Pakistan Business News.