Islamabad: One financial institution accessed the State Bank of Pakistan’s (SBP) overnight repo facility on August 12, 2025, borrowing 45 billion rupees. This suggests a potential tightening of liquidity in the money market.
Concurrently, one insti…
Islamabad: Lucky Electric Power Company Limited (LEPCL) faces a delayed coal supply from a key domestic source, pushing back the start date from December 2025 to June 2026. The Sindh Engro Coal Mining Company (SECMC) will now begin supplying coal from…
Islamabad: AL Habib Asset Management Limited (AHAML) has maintained its robust position in Pakistan’s asset management sector, reporting a substantial 195% year-on-year increase in net profit to PKR 323.7 million for the year ending June 2025, up from…
Islamabad: Pakistan’s automotive industry experienced a significant boost in July 2025, with sales volumes rising 22% year-on-year to reach 12,603 units. This growth was primarily driven by a 28% year-on-year increase in passenger cars and light comme…
Islamabad: Pakistan’s car sales experienced a significant annual increase in July 2025, jumping 28% year-over-year to reach 11,034 units, according to Pakistan Automotive Manufacturers Association (PAMA) data. However, sales saw a substantial 49% mont…
Islamabad: Allied Bank and the Lahore University of Management Sciences (LUMS) have formed a partnership to propel innovation in blockchain technology within Pakistan’s financial sector. The institutions signed a Memorandum of Understanding (MoU) to c…