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...
Read More »EcoPack Limited’s Ratings Affirmed Amid Financial Gains
Lahore: EcoPack Limited, a prominent manufacturer of PET bottles and preforms in Pakistan, has had its entity ratings maintained by The Pakistan Credit Rating Agency Limited (PACRA), reflecting the company's improved financial performance, stable mark...
Read More »Moroccan Ambassador Urges Strengthened Trade Ties with Pakistan
KARACHI: Ambassador Mohamed Karmoune of Morocco emphasized the need for enhanced trade relations between Morocco and Pakistan, acknowledging the strong political ties but pointing out that economic exchanges remain limited. During his address at the K...
Read More »State Bank of Pakistan Releases Latest Exchange Rates Amid Currency Fluctuations
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...
Read More »Remittances Surge in Pakistan, Reaching $16 Billion in Five Months
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 ...
Read More »Pakistan’s Currency Market Sees Stability as Exchange Rates Hold
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported steady closing exchange rates in the open market on December 9, 2025. The rates, sourced from the State Bank of Pakistan, showed minimal fluctuations across major currencies. Th...
Read More »Pakistan Moves to Increase Oil Marketing Company Margins Amid Economic Adjustments
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...
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