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Karachi: The State Bank of Pakistan announced a revised monetary policy aimed at addressing inflationary pressures in the nation. The central bank has decided to raise the benchmark interest rate by 100 basis points, moving it to 16%. This decision re...

KARACHI: VIS Credit Rating Company Limited has finalized the instrument ratings for K-Electric Limited's short-term Sukuk-30, assigning it an A1+ rating. This rating reflects the strongest likelihood of timely repayment of short-term obligations, back...

ISLAMABAD: Pakistan Petroleum Limited and Bolan Mining Enterprises have entered into a significant agreement with the Government of Balochistan for the Barite-Lead-Zinc project, marking a pivotal moment in the nation's mineral development efforts. The...

Karachi: In a call for federal support, Malik Khuda Bakhsh, President of the Pakistan Business Forum's Karachi Region, has endorsed the initiatives of Punjab Chief Minister Maryam Nawaz Sharif aimed at simplifying business financing for small and medi...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its latest open market closing exchange rates, revealing mixed trends across different currencies. The data, sourced from the State Bank of Pakistan, provides insights into the bu...

Islamabad: Mobilink Bank, Pakistan's prominent digital microfinance institution, has achieved recognition at the Dubai Lynx Awards 2025 by winning silver for its 'Invisible Heirs' campaign. The accolade was awarded in the Creative Strategy Corporate P...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Foundation Securities (Pvt) Limited at 'A/A2', with a stable outlook. The long-term rating of 'A' indicates good credit quality and adequate protection factors, though ris...