Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has formalized a strategic Memorandum of Understanding (MOU) with the EU-China Commission to enhance trade, investment, business collaboration, and knowledge exchange. This agr…
Karachi: The Karachi Interbank Offered Rate (KIBOR) rates remained steady across different tenors, the State Bank of Pakistan announced in its latest release. The bid and offer rates were noted for various periods, ranging from one week to one year.
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Karachi: Meezan Bank, Pakistan’s leading Islamic financial institution, has opened its first-ever Service Center in Karachi, offering round-the-clock banking services with a focus on digital convenience and personalized support. The new facility, loca…
Lahore: Interloop Ltd (ILP) is poised for a substantial financial turnaround in the fiscal year ending 2026, with expectations of more than doubling its earnings per share (EPS) compared to the previous year. The company is set to announce an EPS of R…
Karachi: International Steels Limited (ISL) reported a significant rise in its quarterly earnings, with earnings per share reaching Rs2.91 for the fourth quarter of fiscal year 2026, reflecting a 108% increase compared to the same period last year. Th…
Karachi: In an effort to shield consumers from escalating refined product prices, the Government of Pakistan has set a cap on diesel crack spreads at $42 per barrel, excluding premiums such as freight and insurance charges. This move comes in response…