Karachi: The State Bank of Pakistan (SBP) experienced a $24 million rise in its foreign exchange reserves over the past week, with total reserves reaching $9.53 billion as of September 20. This incremental growth contributed to the broader stability of…
Karachi: Nishat Mills Ltd. (NML) has released its financial results for FY24, showing a significant downturn in earnings, which fell 48% year-over-year to PKR 6.4 billion, with an earnings per share (EPS) of PKR 18.1. This decline was largely due to re…
Karachi: The Karachi Chamber of Commerce and Industry (KCCI) is set to hold its 63rd Annual General Meeting on Saturday, September 28, 2024, at the Chamber’s Auditorium located on Aiwan-e-Tijarat Road. The meeting is scheduled to begin at 4:00 PM.Accor…
Karachi: At a luncheon on Friday, S.M. Tanveer, Patron-in-Chief of the United Business Group and former caretaker Provincial Minister of Commerce and Industry for Punjab, made a strong case for reducing electricity prices to aid Pakistan’s economic sus…
Karachi: In a significant endorsement of international financial support, Zubair Tufail, former President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and current President of the United Business Group (UBG), has lauded the r…
Karachi: Recent data from the Exchange Companies Association of Pakistan shows minor fluctuations in the buying and selling rates of major currencies including the USD, EURO, GBP, JPY, AED, and SR, indicating a period of stability in the forex market a…