Business

KARACHI: Standard Chartered Bank Pakistan and IFC, a member of the World Bank Group, have jointly announced a $400 million Risk-Participation Facility aimed at enhancing short-term trade and working capital for major local corporations and exporters i...

Karachi: The Pakistan Stock Exchange (PSX) experienced a downturn as both the KSE30 and KSE100 indices saw declines, with a drop of 269.99 points and 752.06 points, respectively. The market capitalization also witnessed a decrease of 0.40%. The KSE1...

Karachi: Organizations across the Asia-Pacific region are grappling with an increasingly complex fraud landscape, dominated by procurement fraud and bribery, as detailed in a new report by the Association of Chartered Certified Accountants (ACCA). Hei...

Karachi: Pakistan International Bulk Terminal Limited (PIBTL) has been selected by Reko Diq Mining Company as the preferred export terminal for its copper and gold concentrates. This strategic development marks a significant milestone for PIBTL, which...

Karachi: In a significant development aimed at enhancing financial security for retirees, Lucky Investments Limited has announced a strategic partnership with 5th Pillar Family Takaful. The collaboration will provide free Takaful coverage to all parti...

Lahore: Service Industries Ltd. (SRVI) announced a substantial increase in its financial performance during its corporate briefing today, highlighting notable earnings growth for the calendar year 2024 and the first nine months of 2025. The company's ...

Islamabad: Exchange rates for major currencies, including the US dollar, euro, and British pound, showed marginal changes on Tuesday, according to data released by the Exchange Companies Association of Pakistan. The US dollar was quoted with a buyin...