KARACHI: The State Bank of Pakistan has announced the latest weighted average customer exchange rates, reflecting the ongoing dynamics in the currency market. These rates, which serve as a benchmark for financial transactions, provide insights into th…
Karachi: BankIslami and the National Clearing Company of Pakistan Limited (NCCPL) have entered into a strategic partnership aimed at enhancing the presence of Islamic finance within the country’s capital markets. The agreement, formalized through a Me…
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) for October 3, 2025. The rates indicate slight variations across different tenors, reflecting the ongoing market conditions.
According to the data, the o…
Lahore: The Lahore Chamber of Commerce and Industry has emphasized the critical need for reducing energy costs by lowering gas prices and promoting alternative energy resources, crucial for sustaining industrial growth and enhancing export competitive…
Karachi: The Pakistan cement industry is currently experiencing a significant shift in its valuation metrics, sparking interest among investors and analysts alike. With an enterprise value (EV) per ton standing at US$55.6, the sector presents an intri…
Islamabad: In a groundbreaking development in Pakistan’s telecommunications landscape, the Competition Commission of Pakistan (CCP) has sanctioned the acquisition of Telenor Pakistan by Pakistan Telecommunication Company Limited (PTCL). This pivotal a…