Karachi: The State Bank of Pakistan has announced a new financial floor for institutions, setting it at 10,000 for a single institution as of September 8, 2025. This decision was outlined in a recent release from the central bank, aimed at regulating …
Karachi: Pakistan’s stock market witnessed a significant surge as the KSE100 Index reached a new all-time high, closing at 156,087.31 points, reflecting a robust increase of 1.17 percent from the previous day. This rally was driven by strong performan…
LAHORE: Responding to the catastrophic flooding in Pakistan, Nestle Pakistan, in partnership with several key players in the dairy industry, has donated 200,000 glasses of NESTLE MILKPAK to aid those affected. This initiative, in collaboration with th…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the latest foreign currency exchange rates on Friday. According to the data, the US dollar is being bought at 282.25 and sold at 283.00 in the open market.
The euro is listed w…
Karachi: Pakistan’s cement industry is poised for growth as demand is expected to rise, driven by improving economic conditions and easing monetary policy, according to a recent analysis by JS Global. The firm has reiterated its “Overweight” stance on…
Karachi: National Bank of Pakistan (NBP) held a corporate briefing today, revealing a significant turnaround in its financial performance. The bank reported a profit after tax of Rs22.02 billion, a stark contrast to a loss of Rs10.36 billion during th…
Karachi: National Bank of Pakistan (NBP) held a corporate briefing today, revealing a significant turnaround in its financial performance. The bank reported a profit after tax of Rs22.02 billion, a stark contrast to a loss of Rs10.36 billion during th…