Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the entity ratings of Jinn Petroleum (Pvt.) Limited, marking a significant development for the emerging oil marketing company. The long-term rating has been improved from BBB to B...
Read More »MCB Bank Announces CY24 Results: Profits Dip Amid Rising Expenses
Lahore: MCB Bank Limited (MCB) recently conducted an analyst briefing to discuss its financial results for the calendar year 2024 and its future outlook. The bank reported a profit decline of 3.4% year-on-year, totaling PkR57.6 billion, primarily due ...
Read More »Gold Prices Surge in Pakistan Amid Global Market Trends
Karachi: Gold prices in Pakistan experienced a significant rise, reflecting a parallel increase in international markets. The cost of gold per tola of 24 karat reached Rs. 309,500, marking an increase of Rs. 1,500 from previous rates. According to a...
Read More »Currency Exchange Rates See Minor Fluctuations Across Markets
Karachi: Currency exchange rates exhibited minor fluctuations across various markets, as detailed in a recent report from the Exchange Companies Association of Pakistan. The report indicates changes in the buying and selling rates for several major cu...
Read More »Pak-Qatar Unveils Pakistan’s First Lifetime Pension Plan
KARACHI: Pak-Qatar Family Takaful Limited (PQFTL) introduced a pioneering lifetime guaranteed pension plan named the "Lifetime Kafalat Plan", marking a significant milestone in Pakistan's financial services sector. The launch event, held in Karachi, w...
Read More »Pakistan Team Wins SAAF CC Championships 2025
Islamabad: Pakistan team has bagged the SAAF Cross Country Championships 2025 held in Islamabad. Pakistan secured first place trophies in both the senior 10km and junior 8km competitions of the cross country athletics championship. According to Radio...
Read More »Pakistan and Azerbaijan Aim to Boost Bilateral Trade to $2 Billion
Baku: Prime Minister Shehbaz Sharif has announced that Pakistan and Azerbaijan have the potential to enhance their bilateral trade to two billion dollars. Speaking at the Pakistan-Azerbaijan Business Forum in Baku, he emphasized the growing trade rela...
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