Karachi: Aik by BankIslami is set to launch a Shariah-compliant QR payment service for local merchants as part of the Go Cashless Economy Drive initiated by Prime Minister Shehbaz Sharif and the State Bank of Pakistan. The activation campaign will tak…
Karachi: Hub Power Company (HUBC) announced that lenders have declared the Project Completion Date (PCD) for Thar Energy Limited (TEL) and ThalNova Power Thar (TN) as October 31, 2025. The completion of these 330MW coal-based projects marks a signific…
ISLAMABAD: Oil and Gas Development Company Limited (OGDC) held an analyst briefing session to discuss its financial performance and future outlook amidst declining earnings and ongoing production challenges.
The company reported a 7% year-on-year dr…
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates on November 3, 2025, indicating marginal fluctuations in the buying and selling rates of major foreign currencies against the Pakistani Rupee in the in…
Karachi: TPL Corp Limited, the holding company for TPL Group, has seen its financial stability challenged amidst strategic investments and asset divestments. The Pakistan Credit Rating Agency Limited (PACRA) recently revised TPL Corp Limited’s instrum…
Karachi: The Chairman of Bank Alfalah, Sheikh Nahayan bin Mubarak Al Nahayan, alongside the Board of Directors, has authorized an additional $5 million to support communities affected by the 2025 floods. This commitment elevates the bank’s total flood…