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…
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: Cherat Cement Company Ltd. (CHCC) announced record annual earnings for fiscal year 2025, reaching PkR8.7 billion, marking a 58% increase from the previous year’s PkR5.5 billion, according to an analyst briefing by AKD Securities Limited. This…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced an upgrade in the stability rating of the MCB Government Securities Fund, elevating it from AA- to AA. The fund, characterized by its moderate risk profile, is tailored for invest…
Karachi: The State Bank of Pakistan (SBP) facilitated overnight repo and reverse repo transactions for financial institutions on October 31, 2025, according to a press release from the central bank’s Domestic Markets and Monetary Management Department…
Karachi: The Exchange Companies Association of Pakistan released new data on October 31, 2025, revealing significant movements in currency exchange rates. According to the association, the US dollar saw a buying rate of 281.45 PKR and a selling rate o…