Business

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for October 15, 2025, indicating slight fluctuations in currency values. The United States dollar was recorded at a buying rate of 281.63 an...

Karachi: Tariq Glass Industries Limited (TGL) presented its fiscal year 2025 results at a corporate briefing, revealing a 9% year-on-year increase in earnings per share, which rose to Rs27.75. The company also declared a cash dividend of Rs4 per share...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Money Market Fund (ABL MMF), underscoring its commitment to preserving capital while delivering competitive returns. The Fund, characterized by i...

Islamabad: foodpanda has announced a partnership with Al Qadir Welfare to bolster the well-being of its rider community across Pakistan. The collaboration introduces a welfare initiative aimed at providing free bike restoration services and distributi...

Karachi: The State Bank of Pakistan has established a lending ceiling, setting a limit of 142,500 for a single borrower, applicable to just one financial institution as of October 15, 2025. This move aims to regulate and standardize borrowing practice...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Cash Fund, maintaining its position as a low-risk investment option. The Fund is designed to offer capital preservation and liquidity through a c...

Karachi: United Bank Limited (UBL) announced a significant increase in its third-quarter earnings for 2025, reporting a 93% year-on-year rise to Rs35.4 billion, with earnings per share (EPS) reaching Rs14.1. This performance aligns with market expecta...