Islamabad: Careem has rolled out its innovative ‘Flexi’ car type in Karachi, a move that allows customers and their ride-hailing drivers, referred to as Captains, to negotiate and select their own fares. This introduction follows the service’s success…
Islamabad: The latest data from the Exchange Companies Association of Pakistan (ECAP) indicates minor fluctuations in the buying and selling rates of major currencies including the USD, Euro, GBP, JPY, AED, and SR between July 31 and August 1, 2024. T…
Karachi: The Pakistan Stock Exchange (PSX) experienced subdued trading activity as investors displayed caution in the absence of significant market-moving events.
According to JS Global, the benchmark KSE-100 index closed the day at 77,740, down by …
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the asset manager rating of AWT Investments Limited (AWTIL), citing substantial growth in assets under management (AUMs) and robust fund performance. AWTIL, a subsidiary of the …
Karachi: Engro Fertilizers Ltd. (EFERT) revealed a significant earnings increase in its second quarter of 2024 financial results, despite facing higher maintenance costs. The company posted consolidated earnings of PKR 1.7 billion, up 57% from the same…
Karachi: The State Bank of Pakistan (SBP) has made another significant cut to its Policy Rate, now set at 19.5%, as part of its continued monetary easing efforts. This move follows a substantial reduction last month and reflects adjustments in market y…