Karachi: The stock market experienced volatility over the past week, with a notable decline in the benchmark index and reduced market participation, as corporations reported weaker-than-expected earnings. The benchmark index dropped by 502 points, mar...
Read More »KIBOR Rates Update: State Bank of Pakistan Releases New Figures
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, reflecting current trends in the financial market. The data, updated as of October 24, 2025, indicates stable interest rates across various ten...
Read More »Pakistan’s Currency Market Sees Stable Exchange Rates
Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the closing exchange rates in the open market, showing a stable performance of major currencies against the Pakistani Rupee. According to the data released, the US Dollar was bei...
Read More »Karachi’s Vision for the Future: KDA Unveils Ambitious 2047 Master Plan
KARACHI: The Karachi Development Authority (KDA) has unveiled its Greater Karachi Regional Master Plan 2047, aimed at addressing the evolving challenges of the city and guiding its development priorities for the next few decades. This initiative, as a...
Read More »IPAK Group Reports Sevenfold Profit Increase as Sales and Exports Surge
Karachi: IPAK Group's financial performance for the first quarter of the fiscal year 2026 showcases significant growth, with a sevenfold increase in net profit and a 33% rise in consolidated sales, highlighting the company's strong market position and...
Read More »Gharibwal Cement Earnings Surge Amid Rising Sales and Strategic Fuel Shift
Karachi: Gharibwal Cement Ltd (GWLC) reported a 27 percent increase in earnings for the fiscal year 2025, reaching PkR2.2 billion, up from PkR1.7 billion the previous year. This growth was attributed to improved margins and a 2 percent rise in sales v...
Read More »Analyst Hails Government for Pressing Taliban Regime on Terrorism
Islamabad: Amb. A M Shahid, a former diplomat, has commended the Pakistani government for its firm stance against the Taliban regime, urging it to prevent the use of Afghan soil for terrorist activities targeting Pakistan. Pakistan has clearly communi...
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