Business

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for December 12, 2025, indicating stability in the currency market. According to the data provided by the State Bank of Pakistan, the US dollar was bein...

Karachi: Pak-Qatar Family Takaful Limited's (PQFTL) recent initial public offering (IPO) has exceeded expectations, being oversubscribed by 3.2 times. This marks a significant achievement as it is the first IPO of a dedicated Family Takaful company to...

Karachi: The Pakistani rupee maintained its stability against major currencies in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP) on December 10, 2025. The exchange rates, as compiled ...

KARACHI: Pakistan's Economic Coordination Committee (ECC) is considering a proposal to raise margins for Oil Marketing Companies (OMCs) by up to PKR 1.63 per liter, according to reports. This potential adjustment, which amounts to a 14-21% increase fr...

Karachi: The State Bank of Pakistan disclosed the latest weighted average customer exchange rates on Monday, indicating a range of buying and selling rates for various currencies, pivotal for traders and financial analysts. The newly released rates re...

Karachi: Remittances to Pakistan have reached $16.1 billion in the first five months of the fiscal year 2026, marking a 9% increase from the previous year. In November 2025 alone, the country received $3.2 billion in remittances, maintaining the same ...

Delhi: Detection Technology, a prominent global provider of X-ray detector solutions, inaugurated a new service and production facility in Greater Delhi, marking a significant milestone in its international expansion strategy. The opening ceremony was...