Business

Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the closing exchange rates in the open market, showing a stable performance of major currencies against the Pakistani Rupee. According to the data released, the US Dollar was bei...

Karachi: Meezan Bank Ltd reported its third-quarter financial results, revealing a net profit of PkR21.1 billion, marking an 18% decrease from the previous year. Despite the decline, the results are in line with projections, and the bank announced an ...

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, reflecting current trends in the financial market. The data, updated as of October 24, 2025, indicates stable interest rates across various ten...

RAHIM YAR KHAN: The Pakistan Credit Rating Agency Limited has maintained the entity ratings of Etihad Alloys Private Limited, affirming the company's financial stability as it progresses with significant industrial projects. Based in Rahim Yar Khan, P...

Karachi: The stock market experienced volatility over the past week, with a notable decline in the benchmark index and reduced market participation, as corporations reported weaker-than-expected earnings. The benchmark index dropped by 502 points, mar...

Karachi: In a strategic move aimed at bolstering Pakistan's Software-as-a-Service (SaaS) ecosystem, Zong, a leading technology company in the country, has announced a partnership with CyMax Technologies. This collaboration marks a crucial development ...

Karachi: Cnergyico PK Limited (CNERGY) held an analyst briefing to announce its financial performance for the fiscal year 2025, highlighting significant revenue growth but also revealing a net loss due to lower gross margins and reduced crack spreads....