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Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates, indicating stable trading conditions for major currencies. The rates, effective as of October 21, 2025, showed minor fluctuations, reflecti...

KARACHI: Pakistan Refinery Ltd. (PRL) held a corporate briefing session to discuss its financial performance for FY25 and the first quarter of FY26. The company reported a slight increase in revenue but noted a significant annual loss due to declining...

Karachi: Pakistan's currency exchange market witnessed notable fluctuations on Tuesday, as revealed by the latest data from the Exchange Companies Association of Pakistan. The U.S. dollar was traded at a buying rate of 281.57 and a selling rate of 2...

Karachi: Additional Director General (South) of the Federal Investigation Agency (FIA), Mujahid Akbar Khan, announced a significant shift in the notice-issuing authority within the agency, transferring it from Investigation Officers to Deputy Director...

Karachi: Meezan Bank and Naya Nazimabad have announced a strategic partnership to launch Pakistan's first Islamic home financing facility for under-construction projects. The initiative, structured under the State Bank of Pakistan's guidelines, aims t...

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Rehan Hanif, pledged support to the business community in addressing their challenges, emphasizing the Chamber's dedication to finding solutions for traders during tou...

Karachi: The State Bank of Pakistan (SBP) recently provided financial institutions with Rs. 12 billion through its overnight repo facility. The transaction, which took place on October 21, 2025, involved one institution availing itself of this liquidi...