KARACHI: The State Bank of Pakistan has released its latest weighted average customer exchange rates, providing a snapshot of the current buying and selling rates for various international currencies against the Pakistani Rupee. According to the data ...
Read More »Pakistan’s Oil Supply Resilience Amid Middle East Tensions
KARACHI: Arab Light crude experienced significant price increases, rising over 21.3% in June 2025 and 11% since mid-June, amid escalating geopolitical tensions in the Middle East. The key factor is the Strait of Hormuz, an essential oil chokepoint tha...
Read More »MCB Bank’s Strong Performance Reflected in Stable Ratings by PACRA
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of MCB Bank Limited, highlighting its expanding deposit base, strengthening core earnings, and growing market presence. The ratings underscore the Bank's impro...
Read More »BISP and Karachi Chamber Propose Partnership to Boost Skill Development for Low-Income Families
KARACHI: The Benazir Income Support Program (BISP) has proposed a partnership with the Karachi Chamber of Commerce and Industry (KCCI) to empower low-income families through skill development. The collaboration, under the Benazir Hunarmand Program, ai...
Read More »Gas and Oil Pakistan Limited Sees Rating Upgrade Following Strategic Partnership with Aramco
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the rating of Gas and Oil Pakistan Limited (GO) following a strategic partnership with Aramco, which has acquired approximately a 40% stake in the company. This partnership is anti...
Read More »International Widows’ Day Being Observed Today
Islamabad: International Widows' Day is being observed today (Monday). The day raises awareness of the injustices, economic difficulties, and societal stigmas many widowed women face. According to Radio Pakistan, International Widows' Day seeks to hi...
Read More »Amb. Faisal Timrazi Expresses Pakistan’s Commitment to Multilateralism
Dubai: Pakistan's Ambassador to the United Arab Emirates, Faisal Niaz Tirmizi, has expressed Pakistan's commitment to multilateralism. Addressing a conference in Dubai, the Ambassador said the country continues to play a proactive role in global peace...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service