Islamabad: Pakistan's local cement shipments are projected to increase by 3% year-on-year to 3.08 million tons in September 2025, despite a 1% month-on-month decline. This projection, based on 21 days of data showing 2.15 million tons in local sales, ...
Read More »Jubilee Life And UBL Partner To Offer Innovative Endowment Products
Karachi: Jubilee Life Insurance (JLI) and United Bank Limited (UBL) have joined forces to introduce new insurance products designed to enhance financial security for their clientele. The alliance combines the expertise of Pakistan’s largest private se...
Read More »Pakistan Seeks To Balance Trade Deficit With China Amidst Us-China Tensions
Islamabad: Mian Zahid Hussain, a prominent Pakistani business leader, has emphasized the need for Pakistan to leverage its partnership with China to address the persistent trade imbalance between the two nations. Hussain, who holds several key positio...
Read More »Pakistani Rupee Continues Slide Against Major Currencies
Islamabad: The Pakistani Rupee (PKR) maintained its downward trajectory against major international currencies, according to the Exchange Companies Association of Pakistan (ECAP) closing rates on September 22, 2025. The US dollar continued its ascent,...
Read More »Karachi Interbank Offered Rate Softens Slightly
Islamabad: Short-term lending rates witnessed a minor dip on September 22, 2025, according to data released by the State Bank of Pakistan. The Karachi Interbank Offered Rate (KIBOR) for one-week loans decreased to 10.82% bid and 11.32% offer, down sli...
Read More »Pakistan Stock Market Poised For Consolidation; Investors Advised To “Buy The Dip”
Islamabad: The Pakistan Stock Exchange's benchmark KSE-100 index is predicted to consolidate after reaching a peak of 159,338, closing at 158,037, an 84-point increase day-over-day. Trading volume reached 2,048 million shares, surpassing the previous ...
Read More »Pakistan-Saudi Arabia Sign Mutual Defense Pact, Aiming to Boost Bilateral Trade
Islamabad: Zubair Tufail, President of the United Business Group (UBG) and former President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), lauded Prime Minister Mian Shehbaz Sharif’s visit to Saudi Arabia and the signing of a...
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