Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for major currencies in the open market on September 28, 2026, indicating minor fluctuations across various foreign currencies. The U.S. dollar closed w…
Karachi: The Karachi Interbank Offered Rate (KIBOR) for various tenors demonstrated minimal fluctuations, with rates ranging from 11.39% to 12.41% for bidding and offering, respectively. The rates, which are essential indicators of the financial marke…
Karachi: PIA Holding Company Limited (PIAHCL) has reported a significant increase in its consolidated net loss for the fiscal year ending December 31, 2025, as revealed in a corporate briefing session. The net loss expanded to PkR25.4 billion, compare…
ISLAMABAD: Oil and Gas Development Company Limited (OGDC) has inaugurated the second cohort of its all-female Management Trainee Officers Programme for 2026-27, welcoming 52 graduates from various academic backgrounds across Pakistan. The initiative i…
Karachi: Indus Motor Company (INDU) convened its 37th Annual General Meeting today, addressing its future in electric and plug-in hybrid vehicle technology amidst broader financial challenges. The meeting followed the release of the company’s Fiscal Y…
Karachi: Pakistan’s local cement dispatches are projected to grow by 2 percent year-on-year in September 2026, reaching 3.62 million tons. This forecast is based on dispatch data from the first 20 days of the month, which recorded local sales of 2.3 m…