Karachi: The United Business Group (UBG) has expressed strong disapproval of the State Bank of Pakistan’s recent decision to keep the interest rate steady at 11%. According to UBG President Zubair Tufail, the Monetary Policy Committee’s decision has d…
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) rates for July 30, 2025, showing minor adjustments across various tenors.
For a one-week tenor, the bid rate is 10.61, while the offer rate is slightly hi…
Karachi: Meezan Bank, Pakistan’s leading Islamic financial institution, has announced the launch of the Visa Global eSIM for its Visa Infinite Debit Cardholders, marking a significant milestone in digital innovation. This move positions Meezan Bank as…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) expressed dissatisfaction with the State Bank of Pakistan’s decision to maintain the current policy rate, a move seen as misaligned with the country’s economic needs.
Ati…
Karachi: Fatima Fertilizer has introduced a new initiative to celebrate Pakistan’s Independence Day with the launch of the ‘Dil Se Sarsabz’ Milli Naghma singing competition. This nationwide contest is designed to engage the youth, encouraging them to …
Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has expressed concern over the State Bank of Pakistan’s decision to maintain the interest rate at 11%, stating that it contradicts Prime Minister Mian…