Karachi: The Exchange Companies Association of Pakistan has released updated currency exchange rates, reflecting fluctuations in global financial markets. The latest figures show shifts in the value of several major currencies against the Pakistani ru...
Read More »Pakistan Auto Sector Poised for Profit Surge Amid Higher Volumes
KARACHI: The Pakistani automotive industry is poised for significant profitability growth, driven by increased sales volumes, according to a preview of the financial results for the fourth quarter of fiscal year 2025 by AKD Securities Limited. Earni...
Read More »Currency Exchange Rates Show Slight Fluctuations in Major Markets
Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates on July 11, 2025. The latest figures indicate subtle changes across several major currencies. According to the association, the U.S. dolla...
Read More »Pakistan and Bangladesh Pursue Strategic Economic Partnership
Islamabad: Pakistan and Bangladesh are entering a new phase of engagement, driven by mutual interests in peace, economic progress, and regional cooperation. Both nations are working to overcome historical tensions to forge a constructive partnership, ...
Read More »Nisar Spinning Mills Faces Revenue Decline Amid Domestic Challenges
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Nisar Spinning Mills (Pvt.) Limited (NSMPL), citing the company's diverse business operations and established market presence. Despite this, the company's rev...
Read More »KIBOR Rates Indicate Stability in Short-Term Lending
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, revealing stable short-term lending rates. On July 11, 2025, the rates for various tenors showed minor fluctuations, indicating a steady lending en...
Read More »United Bank Limited Reports Mixed Second Quarter Financial Results
Karachi: United Bank Ltd (UBL) released its financial results for the second quarter of the calendar year 2025, showing a mixed performance marked by increased net profit after tax (NPAT) but a decline in quarterly earnings due to higher operating exp...
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