AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

DUBAI: The Emirates Group has reported a record-breaking half-year financial performance, achieving a profit before tax of AED 12.2 billion (US$ 3.3 billion) for the first six months of the 2025-26 financial year. This marks the fourth consecutive yea...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has awarded the Faysal Islamic Asset Allocation Fund (FIAAF) a prestigious 5-Star ranking, recognizing its superior risk-adjusted returns despite a challenging market environment. The FIAAF ad...

Karachi: Liberty Power Tech Limited, a key player in Pakistan's energy sector, is adapting to recent power sector reforms while maintaining its financial stability. The company, which operates a 200 MW Residual Fuel Oil-based power plant, recently ame...

Karachi: The State Bank of Pakistan reported that on November 6, 2025, financial institutions accessed its Overnight Repo Facility amounting to Rs. 65,800 million. No institutions utilized the Overnight Reverse Repo Facility on the same day. The ann...

Karachi: In a significant move to promote sustainable tourism, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), in partnership with the Islamic Chamber of Commerce and Development (ICCD) and Al Baraka Bank Pakistan, hosted a high-...

Karachi: The latest figures from the Exchange Companies Association of Pakistan indicate a shift in currency exchange rates, reflecting ongoing economic uncertainties. According to the data released on November 5, 2025, fluctuations were recorded in s...

Karachi: The Karachi Interbank Offered Rate (KIBOR) has experienced a modest rise across all tenors, according to the latest figures released by the State Bank of Pakistan on November 5, 2025. The KIBOR rates, which serve as a benchmark for lending be...